A correlational research: The effects of financial stressors on the productivity of employees of several government financial institutions in terms of absenteeism, performance rating, and employer's profitability

• Main Authors: Constantino, Chrysogonus, Ignacio, Ma. Katrina, Maano, Michelle
• Format: text
• Language: English
• Published: Animo Repository 2005
• Subjects: Government financial institutions > Philippines; Labor productivity > Philippines; Civil service > Philippines > Labor productivity; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18315
• Institution: De La Salle University

This research paper aimed to determine the relationship between financial stressors (residence, low wage, bankruptcy, and repairs) and the productivity of employees of government financial institutions, in terms of absenteeism and performance rating. To be able to measure the correlation of the above mentioned variables, two kinds of surveys were conducted to two government financial institutions, namely Bangko Sentral ng Pilipinas and Government Security and Insurance Services, with a sample size of sixty (60). Based on the results that were gathered after conducting statistics, absenteeism and financial stress is not significantly correlated. On the other hand, performance rating and financial stress is significantly correlated but a vicious cycle is present.