EconPapers    
Economics at your fingertips  
 

Investigating the effect of financial precarity on employee engagement and innovative work behaviour: evidence from India

S. Muhammed Nowfal and S. Sreejith

International Journal of Indian Culture and Business Management, 2024, vol. 32, issue 1, 114-132

Abstract: The sudden outburst of the pandemic, the subsequent economic ramifications and widespread feeling of job insecurity have cast employees across the globe under the shred of financial uncertainty. Employees are experiencing significant financial precarity, which is detrimental to both organisations and employees. In this context, the study explores the mechanism that accounts for the relationship between financial resources and financial worry and also investigates the effect of financial worry on employee engagement and innovative work behaviour. Data were collected from employees working in different organisations in the financial services sector in India, and the sample comprises 254 employees. The study found support for self-esteem as a mediator in the relationship between financial resources and financial worry. Furthermore, the results demonstrate that financial worry negatively affects employee engagement and innovative work behaviour. Financial worry mediates the association between financial resources, employee engagement and innovative work behaviour.

Keywords: financial worry; financial precarity; self-esteem; innovative work behaviour; employee engagement; India. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=138995 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijicbm:v:32:y:2024:i:1:p:114-132

Access Statistics for this article

More articles in International Journal of Indian Culture and Business Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().

 
Page updated 2025-03-19
Handle: RePEc:ids:ijicbm:v:32:y:2024:i:1:p:114-132