Impact of Work Life Balance On Women Entrepreneur Efficiency (Case Study of Selected Women Entrepreneur's in Ilorin)
Impact of Work Life Balance On Women Entrepreneur Efficiency (Case Study of Selected Women Entrepreneur's in Ilorin)
BY
MATRIC NUMBER
17/37EE169
SUPERVISOR
INTRODUCTION
In today’s competitive and knowledge oriented environment, men alone are not
responsible for the economic health of the family, as women are also engaging their self in
entrepreneurship to foster the well-being of the family. This set of women are also categorized as
women entrepreneurs, they are also known as wealth creator, employment generator, and also
provides various solutions for the society related problems. The last two decades have witnessed
phenomenal changes as regards to the status and work of women in Nigeria. Nigeria among other
African traditional societies believes women are only relevant in domestic affairs and
management, while African Men are expected to be the income earners. For a long time, the
African culture has restricted the activities of women to a place and positioning in the home
(Kayode-Adedeji, Ige, & Ekanem, 2016). This notion is changing today, as many more women
are going into entrepreneurship (Uzuegbunam, 2106). Traditional roles played by women are
changing as a result of changes in family configuration. This has given women the opportunity to
take more practical and functional roles in the society (Mordi, Simpson, Singh & Okafor, 2010).
From the late 20th Century, Nigeria women intensified their participation in entrepreneurial
activities. This came as a result of economic downturn, the high cost of living, low per capita
income, desire to support the family (Uzuegbunam, 2106).
Despite the fact that the role of women entrepreneurs has undergone a paradigm shift in
the past years in terms of better access to higher education, employment, political empowerment
and economic independence. Women entrepreneurs still face a lot of life challenges. These
include child care, household duties. Besides this, women entrepreneurs have to contend with
business challenges although women have succeeded in overcoming all these hurdles that
hampers their growth prospects but their role and position in terms of parenting and homemaking
remains unchanged (Winn 2004). The time and energy required for playing domestic roles often
creates conflicts between the women domestic and entrepreneurial role. Many studies have
revealed that family life had a dramatic impact on the progress of female entrepreneurs
irrespective of their job profile in the corporate or non-corporate sectors as there is need for them
to balance their work life and personal life.
In the current scenario it is very difficult for working women to maintain balance
between both, the family and work place. The rapidly changing of the work environment has
been creating huge pressure on working women. Work life balance encourages employees to
divide their time on the basis on priorities and maintain a balance by devoting time to family,
health, vacations etc. along with making a career, business travel etc. Work place is continuously
changing and growing. Balancing work life and personal life has being a major concern for
women entrepreneurs. The term work life balance is the effective combination of professional
life with personal obligations with perfect harmony (Tomazevic, Kozjek & Stare, 2014). It also
means lack of conflict between personal and professional life (Tomazevic, Kozjek & Stare,
2014). The result of work-life imbalance may be stress (work and family), depression, burnout,
strains, lack of job satisfaction, etc. (Allen, 2000; Hutcheson, 2012).
1.10 Operationalization
Topic: Impact of Work-Life Balance on Women Entrepreneurship Efficiency. There for we have
two constructs (X & Y)
Work-Life Balance (X) Women Entrepreneurship Efficiency (Y)
X=f (Y)
Where X= (x1,x2,x3,x4......xn) Y=(y1,y2,y3,y4.......yn)
X= Independent Construct Y= Dependent Construct
Work-Life Balance (X) Women Entrepreneurship Efficiency (Y)
x1 = Work Place Flexibility y1 = Increased Market share
x2 = Compressed Work Week y2 = Increase Work Quality
x3 = Part Time Work y3 = Reduced Turnover
x4 = Job Sharing y4 = Increased Output
Selected Variables
Work life balance is a term used to describe the balance between the domestic responsibilities
and entrepreneurial role
WOMEN ENTREPRENUERS:
Women entrepreneurs may be defined as a woman or a group of women who initiate, organise
and run a business concern.
LITERATURE REVIEW
2.0 PREAMBLE
This section examines previous literature related to the impact of work life balance on
women entrepreneur and it is divided into four sections and they are; conceptual review,
theoretical review, empirical review and gaps in literature.
Work life balance is a term used to describe the balance between the domestic
responsibilities and entrepreneurial role. It was coined to denote the unhealthy lifestyle that
people are living and way they were choosing their work over their personal life thus ignoring
other relevant areas of life such as friends, families and hobbies etc. In other words it is all about
efficiently managing the juggling act between the job and other responsibilities that are important
to us. Clark (2000) has defined balance as “satisfaction and good functioning at work and home
with a minimum of role conflict.” Further visualizing that although it is difficult to alter several
aspects of work and home, but an individual can make some efforts to manage the balance and
minimizes the gap between them in order to create a desired balance. work-life balance is
commonly used as a more comprehensive expression to describe policies that have been
previously termed 'family-friendly', but are now extended beyond the scope of the family. Work-
life balance refers to the flexible working arrangements that allow both parents and non-parents
to avail of working arrangements that provide a balance between work responsibilities and
personal responsibilities (Redmond Valiulis and Drew, 2006).
A review of the work-life literature reveals that Work Life Balance initiatives can be
broadly divided into four dominant categories which include flexible working arrangement
(home working, compressed hours); leave arrangement (annual leave, Parental leave); dependent
care assistance (Child care arrangements and Crèche) and general services (Employment
assistant programs) (De Cieri, Holmes, Abbott and Pettit, 2005; De Cieri and Bardoel, 2009).
Work life balance are practices that are meant to help employees better manage their work and
non-working times are called in the literature as work-family policies, family-friendly or family-
responsive policies. In recent years, the term “work-life balance” has replaced what used to be
known as “work-family balance” (Hudson Resourcing, 2005), there are other life activities that
need to be balanced with employment may include study, travel, sport, voluntary work, personal
development, leisure or eldercare. Work life balance in its broadest sense, is defined as a
satisfactory level of involvement or ‘fit’ between the multiple roles in a person’s life.
2.1.6.2 Leave activities that waste time and energy: Individual should avoid wasteful activities
i.e time and energy and in return not output received.
2.1.6.3 Outsourcing of work: it relates to Delegation or outsourcing of time consuming work to
other individuals
2.1.6.4 Take time to Relax: Relaxation provides better work life balance, and tends to improve
productivity.
2.1.6.5 Priority work: generally employees do not give importance to work. Better planning can
help in saving time which can be utilized by employees for personal work.
2.1.8 Entrepreneurship
Entrepreneurs are different from small business owners. While small business owners are
majorly concerned with obtaining income to solve immediate problems, the entrepreneurs are
pre-occupied about innovation. Entrepreneurs have the tendency to higher achievement in
motivation and ability to take a greater risk while at the same time providing employment to
others (Matthew & Panachanatham, 2011). Entrepreneurship has come up as a global concept
and contribute to the economic development of a country. Career women go through the problem
of WLB. To surmount these WLB problems, there is need to resolve work and personal life
issues. Women through their entrepreneurial activities contribute to the economic development
of their nation through innovation, and job creation (Agarwal, & Lenka, 2015). Entrepreneurs
put together Labour, Materials, and land to start a venture. The term "entrepreneur" was first
mentioned by Richard Cantllon (1680-1734, as cited by Landstrom, 1999). He defined
entrepreneur "as a person who identifies opportunities and takes risks to maximize firm's
monetary returns."
In view of Divina (2013), which paper aims to explore the innovative strategies by which
women entrepreneurs integrate their work demands with their personal responsibilities and
family needs to create value for their sustainable business and at the same time live a meaningful
and happy life. As an exploratory study, it used the survey and case study approaches. Some 140
women entrepreneurs in the Philippines were interviewed to established common patterns and
eight selected cases from among the samples were used to substantiate more the findings. Results
showed that the positive spill over effects of work on family needs and personal needs of the
women entrepreneurs is having good reputation in the community while negative spill over is
having to do with health problems/physical exhaustion/stress due to long work hours and
workload. The top three strategies done by women entrepreneurs to integrate work and life
demands are on engaging in activities to manage stress, having the business located at home or
near residence and planning work and household chores ahead of time. Moreover, the personal
entrepreneurial competencies of the Filipinas which they use to integrate work-life demands are
information seeking, goal setting, and systematic planning/monitoring. To ensure work-life
balance, women entrepreneurs, are encouraged to adopt innovative work-life balance strategies
like strengthen support from spouse and family, engage in stress management activities, and
redesign work structure to make it more flexible.
In view of Seenivasan (2014), Empirical relationships that exist between gender and
entrepreneurship still pose many unanswered questions. We provide a launch point for further
research on women’s entrepreneurship. Through extensive research on available global
databases, we: 1) highlight the continued importance of empirical research in this domain, 2)
establish a base point of past research on issues related to women’s entrepreneurship, 3) provide
an overview of available country-level data sources for researchers to utilize, and 4) discuss the
limitations of multilevel, global research that currently exist in entrepreneurship and propose
future directions.
Mahi & Mustafa (2015), opines that women are increasingly recognizing the difficulties
and constraints to maintain balance between their work and family life. Taking this importance
into consideration, the study examined the issues towards WLB using a quantitative research
technique. 185 women entrepreneurs were randomly selected from Chittagong. The result
indicates that there are five factors of WLB namely role overloads, health related issues,
dependent care, time management, and family and social support which are accountable for
around 65 percent variance. Out of these five factors, work overload and dependent care issues
are negatively related with WLB, whereas, health related issues, managing time, and family and
social support have a positive relationship with WLB of women entrepreneurs. This finding
implies that women entrepreneurs can focus on to reduce their workloads and managing
dependent care issues, and improvement of their health, managing time properly and ensuring
family and social support to maintain a balance between work and family life to survive,
compete and make their business a success one. Therefore, result brings out implication for
HRM practitioners, management consultants, and policy makers, association of women
entrepreneurs, and academicians to use the dimensions of WLB to enable them to have a
satisfactory level of WLB.(196 words)
Rama & Lakshmypriya (2016), through their study finds out that there has been quite a
lot of research being done to understand the effects of negative work life balance on health and
well being of employees and their family. (annink, 2011)Individuals are increasingly looking to
balance their responsibilities at work and in their personal life. Especially women do not view
their job as a justification for attending less to their families, household work, and other social
activities (Tausig, 2001)Entrepreneurship is the alternate route that people opt for in this
situation, as self employment has no specific or defined boundary between work and home
compared to organizational employees. They are responsible for dividing their time and energy
between work and life domains themselves, and have no boss who determines their working
hours. To most women becoming self-employed means having flexible work schedules, which
offers possibilities to stay active, take care of the children and other family commitments at the
same time have economic independence and discover their potential. Work-life is integrated
when there is no distinction and mental boundary between work and home but segmentation
occurs when there is a clear-cut mental boundary separating work and home. In between
segmentation and integration lies a range. An individual can be at either ends of segmentation or
integration or can be at any point of the range, actively engaged in mentally defining the
boundaries. (Thomas kalliath, 2008) Investigated if entrepreneurship provided a better chance for
achieving work–family balance than paid employment. Found that women entrepreneurs employ
flexible work practices but entrepreneurship does not necessarily provide a perfect work – life
balance. The present study tries to find out the effects of work-family spill over and family work
spillover effects on work life balance of women entrepreneurs.
Rincy & Panchanatham (2016), conducted a study in India, which finds out that
entrepreneurship has traditionally been considered a male prerogative. However, in tandem with
a changing socio-cultural environment and an increase in educational opportunities, women have
started recognising their inherent talents and business skills. With the help of various
governmental and non-governmental agencies, growing numbers of women are joining the ranks
of entrepreneurs. However, in the existing familial and societal setup, entrepreneurial women are
overburdened and find it increasingly difficult to balance their work and life roles. Therefore, the
major objective of the present study was to develop and validate an appropriate tool to illustrate
the work-life balance (WLB) issues faced by women entrepreneurs of South India. We also
sought to understand the important factors influencing the WLB of these women entrepreneurs.
To achieve this end, data were collected by area sampling (cluster-random) paired with semi-
structured interviews and a questionnaire. The generated data were subjected to standard
statistical procedures, such as factor analysis, regression analysis, analysis of variance (ANOVA)
and student's t-test. The five-point psychometric tool developed consisted of 39 statements
related to five factors. Each of the statements possessed adequate reliability and validity. This
study revealed that role overload, dependent care issues, quality of health, problems in time
management and lack of proper social support are the major factors influencing the WLB of
women entrepreneurs in India. Furthermore, even though the vast majority of the entrepreneurs
examined in this study suffers from WLB issues, there are significant differences in the level of
WLB issues faced by the various categories of women entrepreneurs. The present study provides
recommendations for human resource professionals, management consultants, academicians and
women entrepreneurs themselves to deal with the major WLB issues faced by Indian women
entrepreneurs.
Furthermore, Adikaram (2016), conducted a study which core purpose of this study is to
analyze the impact of work life balance on employee job satisfaction in private sector
commercial banks of Sri Lanka. The data is collected keeping in consideration of demographic
factors and factors affect for job satisfaction. Factors involved are job satisfaction and work life
balance with respect to Working hours, Working conditions, work life balance programs,
employee intention to change of job and work pressure. Data is collected using both primary and
secondary sources. Primary data is collected through questionnaires where secondary data is
collected through past research, journals and online web-sites. In primary date collection a total
of 150 questionnaires are distributed among the employees of different commercial banks. The
data is analyzed using SPSS, tests applied is correlation and regression. The findings suggest that
work life balance has a significant impact on employee job satisfaction in private sector
commercial banks of Sri Lanka. This research can be beneficial for the private sector commercial
banks to improve their policies, benefits programs and work distribution and in making job
changes inside the organization. This research can be utilized as a light for banks to pay attention
to such factors, because their benefits are not only for employees but can benefit banks in the
long run especially in maintain work force of the institution.
In Inida, Minal, Sachin & Sangeeta (2016), conducted a research study which was able to
find out that society mainly has deep rooted close connection of family system, where Indian
women has the role to play as nurturers and caretakers of whole family. India, in her transition
phase, post independence faced lot of challenges at all levels of the society. With modernization
and globalization, India people were worried with future and culture shocks. It was big paradigm
shift for Indian closed mindsets. Out of the need of the hour, situations and circumstances, and
many reasons led Indian women to go out for work for living. Soon, the concept of egalitarian
society and women empowerment at every stage from Indian girls to Indian women reach the
horizon of their career. But it was found that even after reaching to top, Indian women have to
work wholly on her family roles. Stages comes into life of women – from marriage to children to
care takers and other extremes situations, where she has to compromise in career. Hence it is the
need to examine the phenomenon of the work-life balance of Indian women professionals in
greater depth. The key research question: To identify the core reasons and challenges Indian
women face for effective work life balance? To determine the work life balance and its related
factors influence the Indian women professionals? To develop the strategies to apply for
satisdfying work-family balance. First the emerging themes must be understood in the light of
the literature on work-family balance. Then conclusions to be drawn on how women
professionals in India manage their lives.
Neeraja (2017), finds out that the role of working women has changed throughout the
world due to economic conditions and social demands. This has resulted in a scenario in which
working women have pleasure to develop a career as robust as sustaining active management in
personal life. Work-life balance has become one of the major challenges in women’s life which
has a larger influence on human capital development. A Likert scale based questionnaire for
collecting information on the work-life balance of women was administered with 50 respondents
by survey method. The data was analyzed using SPSS. This study revealed the statistically
significant factors responsible for work-life balance of women under Indian conditions
Sumita (2017), conducted a research study Women’s Entrepreneurship can make a strong
contribution to the economic well-being of the family and communities, poverty reduction and
women’s empowerment. According to Government of India, a women entrepreneur is defined as
“An enterprise owned and controlled by a woman having a minimum financial interest of 51%
capital and giving at least 51% of the employment generated by the enterprise to woman”. This
qualitative study is carried out with the aim to identify several policies and schemes which are
already existing, what further can be done for the women to become a successful entrepreneur
and achieve a satisfactory Work Life Balance while defining Work Life Balance, it is defined
that “In a broader sense, Work- Life Balance can be described as the ‘fit between multiple roles
in a person’s life’ (Mc Cartney, 2002). A woman entrepreneur finds difficult to schedule their
time properly between their business work and family work because of the multiple role she has
to play in both spheres of life. Different literature of various researchers and statistical report
gives us a true picture about Government efforts, Civil Society’s effort for women’s
entrepreneurship development. Some factors which affects the Work Life Balance has also been
referred. Thus several challenges they face and several remedial process to overcome is also
mentioned. Secondary data is collected for this research purpose through various survey reports,
journals, newspaper & websites.
In a study by Monika (2017), opines that Some women are encouraged to establish
entrepreneurial business by factors which are similar to male counterparts unlike majority of
men, many women opts entrepreneurship to manage both the domestic and business chores
simultaneously along with earning capability with family commitment. Despite of the increasing
number of women obligations little attention has been paid towards the actual expectations and
true picture of entrepreneurship along with the extent to which entrepreneurship offers an
improved work life balance. So the present paper endeavors on the journey of 80 women
entrepreneurs as to how they maintain a balance between the household and entrepreneurial work
through the questionnaire and offers the reality of their experiences.
Neha & Kirti (2018), find out through their research titled Work life balance- women
entrepreneurs finds out that in today’s competitive business environment it is very difficult to
maintain balance between working life and personal life. Work life balance is defined as the
balance between personal life and professional life of an employee or an individual. A sound and
healthy working life is necessary for the growth of an individual and a company as a whole. It is
quite difficult to manage and maintain a proper equilibrium in personal and professional life
especially for the working women. It is very problematic for women entrepreneurs to maintain
healthy balance between work and personal life. In this article we will analysis and reviewing the
various factors which affects and creates the gap between personal and professional life of
Women Entrepreneurs.
In another study titled Measuring work-life balance among female owners of community
pharmacies in Nigeria by Olufemi (2018), finds out that traditionally, men are associated with
entrepreneurship in Nigeria. However, with the increase in civilization, educational pursuits by
women and business skills and talent shown by women a lot of women entrepreneurs have
emerged including women community pharmacy owners. The main objective of this study was
to examine the impact of work-life balance (WLB) on Female community pharmacy owners in
Nigeria. To achieve this objective data was collected through questionnaire from 123 community
pharmacy owners. The data gathered was analyzed using the SPSS software. The five Likert
points 39 statements consisted of five areas. Overall WLB of Female pharmacy owners was
generally below average. Role overload and Dependent care issues are major challenges faced by
these female pharmacy owners. Time management, effective human resource management, and a
strong support network can help female pharmacy owners improve on their WLB rating. This
research study will be of great use to female owners of community pharmacy, academicians,
researchers, Government agencies, and human resources practitioners, to understand and help to
address the WLB issues confronting Nigerian women entrepreneurs.
Sumathil & Velmurugan (2020), In this machine-driven world women have a multi-facet
role in their day to day life as homemakers; they have to discharge their family responsibilities at
home and perform their official duties at the work place. Irrespective of gender, work-load is
equal for all faculty at Arts and Science Colleges. As a result, they may find it difficult to
balance their work and private life. As a result, they suffer from stress. Hence, an attempt has
been made to identify the impact of Stress and Work Life Balance (WLB) on job satisfaction.
The result of the study shows that WLB and Stress significantly influence Job Satisfaction.
This research work impact of work life balance on women entrepreneurs tends to cover the gap
of inefficiency on work and life towards the on performance of women entrepreneurs. This
research work will be useful and will also help to bridge the gap between work life balance and
women entrepreneurs, since it has been identified that lack of work flexibility, high work
pressure and longer working hours leads to the inefficiency of women entrepreneurs.
With the identification of the above variables, it will be in the advantage of the entrepreneurs to
cover this gap by implementing these variables towards the goals and objective of the
organization.
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