Get the complete project »
- The Complete Research Material is averagely 61 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦4,000
1.1 BACKGROUND STUDY
The workplace of the 21st century is a fast-paced, dynamic, highly stimulating environment which brings a large number of benefits and opportunities to those who work within it. The ever-changing demands of the working world can increase levels of stress, especially for those who are consistently working under pressure such as bank workers, medical workers etc. Whilst pressure has its positive side in raising performance, if such pressure becomes excessive it can lead to stress which has negative consequences (Issa, et al. 2009; Al-khasawneh and Futa, 2013; Santiago, 2003).
According to the Oxford Advanced Learner’s Dictionary 6th Edition, stress could among other things, refer to pressure, tension or worries arising from problematic situations in an individual’s life. Where the incidence of such stress is traceable to a job or work situation, it is known as job stress (Narayanan et al 1999). As Narayanan et al (1999) further observed that job stress could in fact be identified with almost any aspect of a job or work situation such as extremes of heat, noise and light, or too much or too little responsibility etc. According to Irene (2005) job stress is a pattern of reactions that occurs when workers are presented with work demands that are not matched to their knowledge, skills or abilities, and which challenge their ability to cope. It is evident from this Irene’s definition that job stress is mostly associated with under-employment.
Stress at work is a relatively new phenomenon of modern lifestyles. According to Beheshtifar and Nazarian (2013), it is an unavoidable consequence of modern living. The nature of work has gone through drastic changes over the last century and it is still changing at whirlwind speed. They have touched almost all professions, starting from an artist to a surgeon, or a commercial pilot to a sales executive. With change comes stress, inevitably. In most cases, job stress is attributable to negative situations such as a formal reprimand by one’s superior for poor performance. Beheshtifar and Nazarian (2013) submit that stress is much more common in employees at lower levels of workplace hierarchies because they have less control over their work situation. However, pleasant circumstances could also bring about job stress, such as job promotion and transfer to another location. Job stress has attracted considerable attention in recent times especially within the context or organisationalbehaviour (Kazmi et al 2008; Shahu and Gole 2008; Nilufar et. al. 2009).
Most research findings suggest that when an individual comes under stress, his cognitive performance and decision-making may be adversely affected. Kazmi et al (2008) investigated the effect of job stress on job performance and found that there is a negative relationship between job stress and job performance. Shahu and Gole (2008) inquired if there was any relationship between job performance, job satisfaction and job stress and found that higher stress levels are related to lower performance. Sabir and Helge (2003) note that the major changes that have been implemented in the financial sector have caused major negative effects on workers’ working and personal lives. Santiago (2003) examined the negative effects of internal stress on police performance and found that the negative stress that often results from organizational settings through poor management can be debilitating.
There is evidence to suggest that there are ways in which an organization can help to reduce instances of job stress, or better manage the issue when it arises. In order to reduce or avoid job stress, Fako (2010) points to the importance of role clarity, a reasonable workload, the need for employees to maintain a healthy diet, and the need to avoid regularly putting in extra hours at work. Effective people management, good two-way communication between employers and employees, suitable working environments and effective work organization are just some of the factors which can have an impact (Mbadou and Mbohwa, 2013). However, there is the need to examine critically, the nature and effect of job stress in Nigerian banking sector before suggesting ways by which the management could deal with it and this is the main thing this study is addressing.
1.2 STATEMENT OF THE PROBLEM
For most people, work is a significant and meaningful feature of life with the majority of them spending around 25% of their adult lives working. While work can provide people with structure, purpose, satisfaction, self-esteem and spending power, the workplace can also be a setting of stress and worry.
According to Jungwee (2007), there is no single cause of job stress. While stress can be triggered by sudden, unexpected pressures, it is often the result of a combination of stressful factors which accumulate over time. Some people can become so used to the symptoms of excessive stress that it goes unnoticed to their detriment. Most job stress is related to management of work, relationships at work, organizational setup and whether you feel you have power and control in your work. The experience of stress is different for every person (Jungwee, 2007). Some people are affected more than others, so what is stressful for one person may not be stressful for another. It can depend on your personality type and on how you have learned to respond to pressure (Fako, 2010).
Stress is not always negative or
harmful and indeed, the absence of stress is death (Arbabisarjou, et al., 2013). Luthans (1989)
asserts that we all need some degree of stress to function normally. Thus, in
his opinion, mild levels of stress may not be completely bad for employees as a
means of enhancing their job performance. However, empirical studies carried
out on the incidence of stress among Nigerian workers by Olugbile (1982); Asika
and Ade-Serrano (1985) and Akinnusi (1995) have shown that consistently high
levels of stress in conjunction with other socio-political and economic factors
has contributed to the declining performance and productivity of the Nigerian
workers (Nwaroh 1991). Apart from the grave national economic consequences of
such declining performance and productivity, job stress also poses serious
health problems (Cox, et. al.
The current turbulent Nigerian business environment requires workers and organizations to reexamine their practices. banking is an inherently stressful profession with long working hours, serious competition, ethical dilemmas, regulatory bottlenecks and difficult customers. Sharma, et al. (2010) opine that people in human service profession, such as banking, are often required to spend considerable time in intense involvement with other people and when customers’ problems are not solved immediately, the situation may become more ambiguous and frustrating. An empirical study of the existence of stress in the Nigerian banking industry by Akingunola and Adigun (2010) confirms the existence of stress causing factors in the Nigerian banking sub-sector with higher level of stress found among the executive than the non-executive. The issue of job stress among Nigerian bank workers could be better addressed if the factors responsible for such stress were properly identified and evaluated. The question of how job stress affects workers’ performance is a relevant one given the nature of today’s banking environment and the challenges faced by Nigerian workers.
1.3 OBJECTIVES OF THE STUDY
Individuals are well adapted to cope
with short-term exposure to pressure - in fact this can often be positive - but
there will be greater difficulty in coping with prolonged intensive pressure. A
key point to recognize is that individuals will react differently to pressure
in different situations and at different stages in their working lives. Based
on the foregoing, it is worthwhile to conduct a research of this nature to
reveal specific facts about job stress in Nigerian working environment.
The specific objectives of the study can be stated as follows:
1. To determine if job stress affects the performance of employees in the Nigerian banking industry.
2. To investigate the effect of job stress on employee’s performance in Banking industry.
3. To examine the nature of job stress faced by Nigerian Bankers.
4. To identify the factors that is responsible for job stress for Nigerian bankers.
5. To ascertain the strategies for dealing with job stress among Nigerian bankers.
1.4 RESEARCH QUESTIONS
The research questions that would guide this study are stated below:
job stress affect the performance of employees in the Nigerian banking industry
2. What is the effect of job stress on employees’ performance in banking industry?
3. What is the nature of job stress faced by Nigerian bankers?
4. What are the factors that are responsible for job stress for Nigerian bankers?
5. What are the strategies for dealing with job stress among Nigerian bankers?
In order to enable the researcher ascertain the relationship between the variables involved in this study, he has to postulate the following hypothesis:
Ho: Job stress does not affect the performance of employees in the Nigerian banking industry.
HA: Job stress does affect the performance of employees in the Nigerian banking industry.
1.6 SIGNIFICANCE OF THE STUDY
The desire of every employer is optimum productivity. This can only be achieved when the employees work at their best. But one major factor that has been identified in the literature to affect the performance of employees is job stress. Therefore, the employers and/or management cannot ignore the influence of job stress in attaining the organizational set goals.
The focus of this study is to
understand how job stress affects workers’ in terms of productivity and also to
identify the factors that are responsible for job stress. With that knowledge
it may be possible to adjust/modify these factors in order to improve the
performance of the employees as well as that of the organization.
The application of the findings of this study is mainly for the design and implementation of the most effective strategies for dealing with job stress in Nigerian banking Sector. However, it is hoped that the key ideas can be transported to any workplace wishing to increase or enhance workers’ productivity.
1.7 SCOPE OF THE STUDY
This study is an attempt to provide
employers and employees with a framework of measures which will identify and
prevent problems of job stress and help to manage them when they do arise.
Although stress is associated with a number of factors, the scope of this study
will be limited to only work-related stress. Furthermore, the impact of job
stress on the productivity of employees would be investigated empirically. This
will help to put to rest the controversy surrounding the likely effect of job
stress on workers’ performance.
Job stress is a common phenomenon in every occupation, the focus of this research shall be on the Nigerian banking Sector with special interest on banking industry in Lagos. The selection of this sector was purposeful because of the work challenges that workers in the sector face on a daily basis especially in recent times with workforce cutbacks which could have resulted in greater pressures on remaining workforces with increased work overloads or stress (Akingunola and Adigun, 2010).
The research is intended to be elaborate in order to gather diversified opinions on the subject matter and to allow for precision in the identification of job related stress causing factor for every individual respondent.
Akingunola, R. O.& Adigun, A. O. (2010) Occupational Stress and The Nigerian Banking industry. Journal of Economics and Engineering. ISSN: 2078-0346, pp. 14-21.
Akinnusi, M. (1995) Stress among a sample of Bank Executives in Nigeria. Management in Nigeria, April-June, pp.5-15.
Al-khasawneh, A. L. &Futa, S. M. (2013) The Relationship between Job Stress and Nurses Performance in the Jordanian Hospitals: A Case Study in King Abdullah the Founder Hospital. Asian Journal of Business Management. 5(2), pp. 267-275.
Arbabisarjou, A.; Ajdari, Z.; Omeidi, K. &Jalalinejad, R. (2013) The relationship between Job stress and performance among the hospitals Nurses. World of Sciences Journal. No. 2, pp. 181-188.
Asika, N. and Ade-Serrano, A. (1985) Executive Stress. Nigerian Journal of Management Studies. Vol. 2, no. 2, pp. 558-565.
Beheshtifar,M.&Nazarian, R. (2013) Role of Occupational Stress in organizations. Institute of Interdisciplinary Business Research. 4(9), pp. 648-657.
T.; Griffiths, A. and Cox, S. (1996) Work-related stress in nursing:
Controlling the risk to health. International Labour Office Working paper. No.
Fako, T. T. (2010) Occupational Stress among University Employees in Botswana. European Journal of Social Sciences. 15(3), pp. 313-326.
Irene, L. D. (2005) “Work-related Stress”. European Foundation for the Improvement of Living and Working Conditions.
Issa, B. A.; Yussuf, A. D.; Olanrewaju, G. T. &Oyewole, A. O. (2009) Stress in Residency Training as Perceived by Resident Doctors in a Nigerian University Teaching Hospital. European Journal of Scientific Research. 30(2), pp. 253-259.
Jungwee, P. (2007) Work stress and job performance. Perspectives. December.
Kazmi, R.; Amjad, S. &Khan, D. (2008) Occupational Stress and its effect on Job Performance: A case study of Medical House Officers of District Abbottabad. Journal of Ayub Medical College Abbottabad. Vol. 20, no. 3.
Luthans, F. (1989) OrganizationalBehaviour 5th edition. New York: McGraw Hill Publishing Company.
Mbadou, A. F. &Mbohwa, C. (2013) The Impact of Work Design and Stress on Employees Productivity at a Call Centre. In: International Conference on Law, Entrepreneurship and Industrial Engineering, April 15-16, Johannesburg (South Africa).
Narayanan, L.; Menon, S. & Spector, P. E. (1999) Stress in the Workplace: A comparison of Gender and Occupation. Journal of OrganizationalBehavior. Vol. 20, no. 1, pp. 63-73.
Nilufar, A.; Zaini, A.; David, Y. G. F. & Syed, S. A. (2009) A Study of Job Stress on Job Satisfaction among University Staff in Malaysia: Empirical Study. European Journal of Social Sciences. Vol. 8, no. 1.
Nwaroh, J. U. (1991) Managing for Enhanced Quality Improvement. Management in Nigeria. Vol. 27, No. 4, pp.13-18.
Olugbile, A. O. B. (1982) The Executive and His Health. Management in Nigeria. July, pp. 10-15.
Sabir, I. G.& Helge, H. (2003) Violence and stress at work in financial services. International Labour Office Working Paper. No. WP210, October.
Santiago, D. (2003) Cynicism and Job Dissatisfaction Negative Effects of Internal Stress on Police Performance. School of Police Staff and Command, September.
Shahu, R. &Gole, S. V. (2008) Effect of Job Stress and Job Satisfaction on Performance: An Empirical Study. AIMS International Journal of Management. Vol. 2, no. 3, pp. 237-246.
Sharma, A.; Verma, S.; Verma, C. & Malhotra, D. (2010) Stress and Burnout as Predictors of Job Satisfaction amongst Lawyers. European Journal of Social Sciences. 14(3), pp. 348-359.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
SIMILAR ACCOUNTING FINAL YEAR PROJECT RESEARCH TOPICS
1. THE ROLE OF RATIO ANALYSIS IN BUSINESS DECISIONS A CASE STUDY OF O. JACO BROS. ENT. (NIG.) LTD.ABA, ABIA STATE» ABSTRACT Accounting information provided by means of financial statements The income statement and the Balance Sheet are often in summarized form. Vie...Continue Reading »
2. DESIGN AND IMPLEMENTATION OF A COMPUTERISED STADIUM MANAGEMENT INFORMATION SYSTEM. (CASE STUDY OF NNAMDI AZIKIWE STADIUM ENUGU).» CHAPTER ONE BACKGROUND OF THE STUDY 1.1 INTRODUCTION The advent of computer Technology has brought relief to repetitive tasks and has helped in the be...Continue Reading »
3. THE ROLE OF BANK IN SMALL AND MEDIUM BUSINESS ENTERPRISE IN NIGERIA (A CASE STUDY UBA, AKWA IBOM STATE)» ABSTRACT The research study examines the role of commercial bank in financing small scale enterprises in Uyo, Akwa Ibom State. The primary purpose of ...Continue Reading »
» ABSTRACT Decision making can be viewed as the very fabric of which organized activities are made. This partly depends on the amount of information sup...Continue Reading »
5. EFFECT OF FIRM CHARACTERISTICS ON SOCIAL AND ENVIRONMENTAL ACCOUNTING DISCLOSURE IN LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA» Abstract The need for corporate entities to disclose their social and environmental activities in their annual reports is increasingly becoming a topi...Continue Reading »
6. on the impact of public procurement act on the accountability of procurement officers in public sector in Kaduna state ministry of education» CHAPTER I: Introduction 1.1 Background of the Study This study intends to shed more light and how it contribute positively towards the conservation o...Continue Reading »
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Customer satisfaction is a measure of how products and services supplied by a company meet or sur...Continue Reading »
8. TECHNIQUES OF MOTIVATING EMPLOYEES TOWARDS PEAK PERFORMANCE IN FINANCE INSTITUTIOS IN THE 21ST CENTURY ECONOMY» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Motivation, as a process, started with a need in human being which creates a vacuum in a person. ...Continue Reading »
9. THE IMPACT OF AUDIT REPORT IN ORGANIZATIONAL PERFORMANCE (A CASE STUDY OF POWER HOLDING COMPANY OF NIGERIA, UGELLI BRANCH)» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Audit means written reports about the reliability and accuracy of an account by a qualified perso...Continue Reading »
10. HUMAN MOTIVATION AND WORKERS PRODUCTIVITY: A CASE STUDY OF BETA GLASS PLC UGHELLI, DELTA STATE, NIGERIA» ABSTRACT The purpose of this study was to investigate the impact of Human motivation and Workers productivity of employees with the Beta Glass Factory...Continue Reading »