Pay satisfaction and work-life balance among Nigerian bank employees: The roles of psychological empowerment and gender

This study examined the roles of psychological empowerment and gender in the relationship between pay satisfaction and work-life balance among bank employees. In total, 393 Nigerian bank employees participated in the study (female (49.36%; mean age = 32.07, SD = 6.93 years). Hayes Macro PROCESS analysis results showed that pay satisfaction was positively related to work-life balance. Pay satisfaction was associated with higher psychological empowerment. Psychological empowerment was associated with higher work-life balance. Psychological empowerment fully mediated the relationship between pay satisfaction and work-life balance. Gender did not affect work-life balance or moderate the link between pay satisfaction and work-life balance. The study findings suggest that psychological empowerment enhances the relationship between pay satisfaction and employees' work-life balance in the banking sector. By implication, banking sector human resource managers should leverage employee psychological empowerment as a resource for work- life balance across gender and pay scales.