Abstract:
The notion of Employees' Wellbeing (EWB) is a vital factor that organizations need
to understand and elevate to achieve a better work-related performance of their
workforce. An employee who feels high wellbeing and experiences a low level of
stress is expected to be relatively more satisfied, energetic, and productive. It is in the
great interest of an organization to provide a supportive work culture that may
enhance its employees' wellbeing. This study aimed to find that the employees'
wellbeing is affected by the Quality-of-Worklife (QoWL) that banks provide to their
employees. Further, it was to investigate whether the employees' job satisfaction
mediates the proposed relationship between quality-of-life and employees' wellbeing.
It was found that employees have a positive perception of the prevailing QoWL at
their workplace.
The statistical analyses suggest that the QoWL in the banking sector is of moderate to
a high level. The multiple linear regression model's statistical results indicated that the
employees' job satisfaction is strongly affected by the QoWL practice. Overall,
QoWL practices have a positive and significant role in determining the level of job
satisfaction. The multiple regression model analysis revealed a significant positive
impact of the QoWL on employees' wellbeing. The employees' job satisfaction
bridged the relationship between employees' wellbeing and employees' wellbeing.
This study's outcomes cannot be generalized to the entire banking sector due to the
relatively small sample size.
