The Influence of Financial Stress on The Financial WellBeing Among Team Leaders
Keywords:
Financial Stress, Financial Well-being, Team Leaders, Financial Security, Retirement, Basic Needs, Lifestyle, Affective Reaction, Interpersonal Behavior, Physiological ResponsesAbstract
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
AIS (2020). Workplace Stress. Retrieved from: https://www.stress.org/workplacestress
Afifi, T. D., Davis, S., Merrill, A. F., Coveleski, S., Denes, A., and Shahnazi, A. F. (2018). Couples’ communication about financial uncertainty following the Great Recession and its association with stress, mental health and
divorce proneness. Journal of Family and Economic Issues, 39(2), 205–219. https://doi.org/10.1007/s10834-017-9560-5.
American Institute of Stress (2020). Income Loss, Financial Stress, and COVID- 19. Financial Stress in the
Workplace: How to Help Employees Cope. https://www.stress.org/income-loss-financial-stress-and-covid- 19
American Psychological Association (2018). Stress effects on the body. [online] Available at:https://www.apa.org/topics/stress/body.
Bauchet, J., and Evans, D. (2019). Personal bankruptcy determinants among U.S. households during the peak of the
Great Recession. Journal of Family and Economic Issues, 40(4), 577–591. https://doi.org/10.1007/s10834-019-09627- 1.
Beenackers, M.A., Oude Groeniger, J., Van Lenthe, F.J., and Kamphuis, C.B.M. (2018) The role of financial strain and
self-control in explaining health behaviours: the GLOBE study. Eur J Public Health. 2018 Aug 1;28(4):597-603.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 International Association of Management and Human Resource Development

This work is licensed under a Creative Commons Attribution 4.0 International License.
This work is licensed under a Creative Commons Attribution 4.0 International License.