A study on Identify the various factors that leads to stress in public and private sector banks

Abstract

The Indian banking industry, a critical pillar of the nation’s economy, plays an essential role in safeguarding against economic downturns. However, like all professions, the banking sector is not immune to stress. Employees in both public and private sector banks experience significant stress due to various job-related pressures, including long working hours, high targets, and job insecurity. This study aims to identify the factors contributing to stress within public and private sector banks, focusing on the differences between these two sectors. The research involved 600 employees, selected through convenience sampling, from both public and private banks. The findings revealed that there is a significant difference in the factors contributing to stress between male and female employees in both sectors, with stress levels being notably high in private sector banks. The analysis, conducted at a 5% level of significance, shows that both the organizational environment and job-related stressors impact employees differently across gender lines, with private sector employees experiencing slightly higher stress levels. The study emphasizes the importance of understanding these stress factors and highlights the need for targeted stress management strategies in both public and private banking institutions