#4723. Work–life balance and life satisfaction among the self-employed

August 2026publication date
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Journal’s subject area:
Business, Management and Accounting (miscellaneous);
Strategy and Management;
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Abstract:
The self-employed are an essential segment of society who contribute to economic growth and stabilisation in their communities. Therefore, it is crucial to investigate whether they enjoy a work–life balance (WLB) and life satisfaction (LS), which are two separate concerns of the self-employed in this study. Existing literature indicates that household income (HI) is a significant determinant of WLB and LS. This study investigates the levels and relationship of WLB and LS among the self-employed and the possible influence of HI on this relationship. Data are from an online panel survey of 435 self-employed persons. The authors test the hypotheses via regression analysis and ANOVA. This study revealed that WLB is a significant predictor of LS for the self-employed. Gender, education, age, the number of dependent children, industry and hours worked were not found to be statistically significant. The study also found that WLB was most important in predicting LS of the self-employed followed by HI and then firm size. This study is among the first to investigate the relations between WLB and LS among the self-employed and extends the scant existing scholarship on this issue.
Keywords:
Household income; Life satisfaction; Self-employment; Work–life balance

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