Millennial Employees’ Job Satisfaction with Work-Life Balance using Structural Equation Modelling

AbstractPurposeThe study aims to evaluate the factors that impact job satisfaction among millennial employees regarding work-life balance.Design/Methodology/ApproachThe study employs quantitative research methods and utilises Structural Equation Modelling (SEM) to analyse data acquired from a convenience sample of 240 millennial employees. The proposed model includes latent variables representing work-life balance and job satisfaction, along with corresponding indicators.FindingsThe study suggests a considerable positive relationship between work-life balance factors such as managing leisure time, personal well-being, quality of work life, self-care management, stress management, and time management and job satisfaction among millennial employees.ConclusionThe study concludes that a robust analysis of the relationships between the variables offers guidance for organisations seeking to improve employee job satisfaction and well-being in the context of work-life balance.Originality/ValueThe study provides valuable insights for organisations looking to create supportive and fulfilling work environments for millennial employees, addressing the unique factors that contribute to their job satisfaction and work-life balance.