The Effect Of Work Stress On Employee wellbeing In Nigerian Banks

 

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1Aruabuike Chioma Maureen, 2Echu Sunny, 3Pam Nelson Chuwang, 4Olubayo John Popoola 1,2,3,4

Department of Business Administration, Faculty of Management Sciences, University of Jos, Nigeria Email: 1maureennath@outlook.com, 2 sunteskl@yahoo.com, 3 pamnellee@gmail.com, 4 bayo-popson@yahoo.com

ABSTRACT

Employees are the heart of any successful enterprise. The wellbeing of employee in an
organization starts from the kind of employment and the packages that comes with the
employment. The kind of employment determines the kind of treatment the employee gest in
terms of general welfare and compensation. This study examines the effect of work stress on the
overall employees‟ wellbeing using employees in the Nigerian banking industry. Data were
collected from selected Bank employees across Abuja Metropolis. 384 questionnaires
administered and used for further analysis. Partial Least Square/Structural Equation Model
(PLS-SEM) via SMART-PLS version 3.3.3 to test the hypothesized relationship. The findings
reveal that: Work Stress significantly affects the Physical, Mental and Emotional Well-being of
bank employees. The paper therefore, recommended that there is need for Bank management to
introduce wellbeing techniques geared towards reducing work stress in banks. An Employee
Assistance Program must be introduced for early stress identification and intervention to ensure
increase in the level of productivity.

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Key words: Work Stress and Employee Wellbeing.