The effect of employees’ personal values on work-life balance and well-being – An empirical study in Vietnam | JOURNAL OF ASIAN BUSINESS AND ECONOMIC STUDIES

Authors

Mai Thi My Quyen Trường Đại học Bách khoa, Đại học Quốc gia TP. Hồ Chí Minh Author
Ta Thi Thanh Trường Đại học Bách khoa, Đại học Quốc gia TP. Hồ Chí Minh Author
Le Nguyen Hau Trường Đại học Bách khoa, Đại học Quốc gia TP. Hồ Chí Minh Author

DOI:

https://doi.org/10.24311/jabes/2022.33.06.04

Keywords:

Personal values, Work-life balance, Employee well-being

Abstract

Well-being is nowadays an important issue for employees and firms striving for sustainable development. This issue is complicated because individual employees subjectively and differently perceive their personal values and the relative importance of their work, life, and well-being. This study thus explores the effects of different types of personal value on work-life balance and subjective well-being. Based on the data surveyed from 246 employees in Vietnam, the results show that value for self-enhancement positively affects work-life conflict, leading to decreased well-being. In contrast, value for conservation alleviates work-life conflict and facilitates work-life enhancement, both of which improve the well-being of employees. These two types of personal values have been found being co-existed in individuals at different levels, therefore, it is possible for firms to promote both values for conservation and value for self-enhancement.

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