HUMAN RESOURCE MANAGEMENT IN CONDITIONS OF ECONOMIC CRISIS

Abstract

The purpose of the paper examines the problem of work-life balance, well-being, and intrinsic motivation of employees during economic turbulence.Methodology. Adopting a quantitative approach, this investigation analyses the data obtained from employees of governmental and private local companies. This study reviewed Hasan et al. research on managing human resources, well-being, job satisfaction, and work-life balance.Originality / value of the research. The vast majority of studies in HRM are around employee eff ectiveness. However, especially in economic instability alternative strategies such as well-being, work-life balance, and intrinsic motivation have to be investigated. Also, the Self-determination theory was chosen because it helps to understand the phenomenon by clarifying the research problem related to intrinsic motivation, social satisfaction, and psychological well-being in depth.Findings. One of the fi ndings indicates that there was no association between demographic variables and work-life balance satisfaction. The outcome of the analysis implies that obtained data is normally distributed.Nevertheless, there is lower response rate (33) could be deemed insuffi cient to ensure the data’s neutral skewness. Since the overwhelming number of respondents are female, the fi ndings of the study may be unrepresentative of the entire population. As a result, research will be carried out by gathering data.