HRM Student Research Symposium

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Start date: 2020End date: 2024Subject: search.filters.subject.Compensation System, Employee Job Retention, Financial Compensation, Non-Financial Compensation

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    Impact of Flexible Work Arrangements on Work-Life Balance of NonClinical Employees in an ABC Private Hospital, Sri Lanka
    (Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2024) Senerath, P.N.D.; Harshani, M.D.R.
    Work life balance is best viewed as a state of people life that helps to attainment of satisfaction in working life and personal life. Flexible working arrangements are a prevalent practice in organizations where employees have the autonomy to determine when and where they fulfill their work obligations. Although the direct effect of Flexible working arrangements on work-life balance is well-documented, previous empirical findings of the relationship have been inconsistent. Further, little is known about its impacts on employee work-life balance. Thereby, current studies attempt to examine the effect of Flexible working arrangements on work-life balance in the ABC Private Hospital of Sri Lanka. In this research mainly. The researcher tried to find out how flexible working arrangements affect the work-life balance of non-clinical employees. The data for this research was collected from ABC Private Hospital in the Colombo district. The study was quantitative, and a cross-sectional survey design was followed. Flexible working arrangement is the independent variable, while the dependent variable is work-life balance. Primary data was collected through a structured questionnaire to conduct this research. The questionnaire was designed to measure the two variables: Flexible working arrangement and work-life balance of non-clinical level employees. A simple random sampling technique was applied to select the sample, and the final sample consisted of 175 non-clinical level employees of ABC Private Hospital of Sri Lanka. Data was analysed using correlation and regression with the aid of SPSS and Excel. It was found that flexible working arrangements significantly impact work-life balance. Further, there is a significant relationship between Flexible working arrangements and work-life balance. Finally, it is concluded that Flexible working arrangements are important antecedents to balancing work and life. It is suggested that managers establish a flexible working arrangement-based intervention in the organization. Hence, it was recommended that hospitals should consider the employee’s work-life balance and flexible working arrangements to increase the efficiency level of non-clinical level employees.
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    Impact of Employee Perception of the Compensation System on Employee Job Retention: Study in a Selected Leading Bank in Sri Lanka
    (Department of of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2021) Subhashana, M. U.; Mahalekamge, W. G. S.
    This study is investigating the impact of employee perception of the compensation system on employee job retention of the selected leading bank in Sri Lanka. This study was carried out as a cross-sectional field study among a sample of 103 bank staff in the selected bank’s head office. A simple random sampling technique was used to select the sample and primary data were collected using a standard questionnaire. Descriptive statistics, inferential statistics, regression, and correlation analysis were analyzed using Statistical Package for Social Sciences (SPSS). It was found that there is a significant impact of employee perception of the compensation system on employee job retention of the banking staff in the selected leading bank in Sri Lanka. Further, results show that financial and non-financial compensation has a positive and significant impact on the job retention of employees. Further, it is expected that these findings are very important in theoretically and practically for the relevant parties in the banking industry. Cross-validation of the findings of this study to be done in different industries and different cultures comparatively among a bigger sample in subsequent studies is recommended, which will add more insights to the substance of the present study.