The Influence of Financial Stress on The Financial WellBeing Among Team Leaders

Authors

  • Glenndon C. Sobrejuanite University of Mindanao, Philippines
  • Donna Grace M. Villanueva University of Mindanao, Philippines
  • Kristine Danielle M. Mandin University of Mindanao, Philippines
  • Bea Wonderful F. Doromal University of Mindanao, Philippines

Keywords:

Financial Stress, Financial Well-being, Team Leaders, Financial Security, Retirement, Basic Needs, Lifestyle, Affective Reaction, Interpersonal Behavior, Physiological Responses

Abstract

This study investigates the influence of financial stress on the financial well-being among the respondents in Davao
City's business process outsourcing (BPO) organizations, the team leaders. The research was conducted in the four
BPO companies in Davao City with a total number of one hundred respondents. This research used a simple random
sampling technique in selecting research respondents as well as a validated questionnaire to conduct a study. The
adopted questionnaire contained financial stress and financial well-being assessment. The study results revealed that
respondents had a reasonably average level of financial stress and an average level of financial well-being as well.
These associations imply that as the amount of financial stress rises, so will the negative level of affective reaction,
relational behavior, and physiological response. The results suggest that as financial stress levels increase, negative
financial well-being tends to increase as well, and vice versa. A positive correlation implies that an increase negative
effect on financial well-being increases financial stress, anxiety levels, and diminish job performance. Overall, the
study's insights emphasize the importance of addressing financial stress among team leaders and tailoring
interventions to improve their financial well-being.

References

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Published

2024-12-31

How to Cite

C. Sobrejuanite, G., M. Villanueva, D. G., M. Mandin, K. D., & F. Doromal, B. W. (2024). The Influence of Financial Stress on The Financial WellBeing Among Team Leaders. International Journal of Management and Education in Human Development, 4(04), 1427–1438. Retrieved from https://ijmehd.com/index.php/ijmehd/article/view/302