Human Resource Variables and Work-Related Stress in the Nigerian Banking Industry

Ph.D. Clement Adewole and Victor Odumu Jessica Eboh
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Ph.D. Clement Adewole: Faculty of Applied Social Sciences, Universiti Sultan Zainal Abidin, Kuala Nerus, 20300, Terengganu, Malaysia
Victor Odumu Jessica Eboh: Department of Banking and Finance, University of Jos, NigeriaFaculty of Applied Social Sciences, Universiti Sultan Zainal Abidin, Kuala Nerus, 20300, Terengganu, Malaysia

International Journal of Research and Innovation in Social Science, 2021, vol. 05, issue 12, 314-322

Abstract: The Nigerian banking sector has been characterized by uncertainties which further aggravated the insecurity of jobs in the sector, resulting into work-related stress. Human Resources have been identified by many authorities as the most important asset of any organization. This is because they are the users of the rest of the resources in the organization. This work assessed the Effect of human resource variables and work-related stress in Nigerian banking industry. Data was collected using questionnaire administered to 1024 employees from the selected banks. The Spearman Rank correlation coefficient was used to test the relationship between the variables under review. Findings revealed a positive and significant relationship between performance appraisal, training and development, career management and work-related stress. Based on the findings, it is concluded that human resource variables have significant influence on work related stress in Nigerian banking industry. To this effect, the study recommended that Bank Management should provide balance scorecard approach to employees’ performance, thus promoting employees when due; Continue to train employees in groups and through computer-based learning in order to stay at the forefront of one’s profession and Bank Management should continue to hire employees who are suited, new competencies and skilful for the job.

Date: 2021
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