THE EFFECT OF WORK STRESS ON EMPLOYEE-WELLBEING IN NIGERIAN BANKS

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.