Psychological capital and personality traits in balancing work–life: a developing country perspective

Abstract

Achieving career aspirations while managing personal responsibilities is a global challenge for women, especially in Asian countries. Despite extensive research on work–life balance, many aspects remain unexplored. This study examines the influence of psychological capital and personality traits on work–life balance, identified as an area needing further investigation. Using a blended approach, the study integrates quantitative data from online surveys of Sri Lankan government and private bank employees and qualitative insights from online interviews. The ordered Probit regression model revealed that self-efficacy, optimism, and resilience significantly impact work–life balance, while hope does not. Among personality traits, neuroticism and conscientiousness are most influential. Thematic analysis found resilience to have the greatest impact, with personality effects varying by individual preference. Methodological triangulation was used to avoid research bias. Coping strategies for promoting work–life balance are discussed. This study is valuable for female bankers seeking work–life balance and offers insights for banking sector personnel and policymakers to develop effective strategies, contributing to the sector’s performance and economic growth.