Even apart from the dramatic statistical data about sicknesses caused by imbalance and burnout, surveys
make it clear that individuals are struggling to enjoy living because of the growing workload and the persistent presence
of technologies around us (EQLS, 2016). Work-life imbalance causes loss for companies for several reasons - intentional
or unintentional absence at work, high employee turnover, low productivity, insurance costs etc.
The scientific question arises from the fact that until now there have not been clear researches which indicate the
model of how the work and life balance (WLB) or imbalance is being created. Particularly, author is interested in how
the interaction between the values of employee and employer or direct supervisor affects WLB of the employee. However,
before practical research the aim of this paper is to evaluate the importance of this topic in Latvia and to detect the major
steps to even the balance out between work and private life by using the data that is already available. The methodology
of the research is to gather local (i.e. TNS) and international (i.e.EUROSTAT) secondary data available to assess the
current situation in Latvia. The research shows that unemployed people in Latvia tend to feel less stressed than those who
are employed, which shows that although unemployment itself may cause stress, workplace and employment creates even
a greater room for stress related factors. Further author is determined to conduct a research to later provide a model, which
could be practically used by managers to help them with managing the WLB for their employees
