Cover Image

Psychological factors contributing towards financial problem among civil service sector employees

Financial problems faced by employees can affect their performance and life satisfaction, as well as impact people surrounding them. This study aimed at identifying the potential contributors to financial problems among employees, whereby multi-stage random sampling was used to sample employ...

Full description

Saved in:
Bibliographic Details
Main Authors: Abdul Rahim @ Abdul Wahab, Husniyah, Magli, Amirah Shazana, Sabri, Mohamad Fazli, Othman, Mohd Amim, Mohd Rasdi, Roziah
Format: Article
Language:English
Published: Malaysian Consumer and Family Economics 2020
Online Access:http://psasir.upm.edu.my/id/eprint/87349/1/Psychological%20factors%20contributing%20towards%20financial%20problem%20among%20civil%20service.pdf
http://psasir.upm.edu.my/id/eprint/87349/
https://majcafe-com.bsenetwork.biz/2020/11/30/volume-25-s1-2020/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.upm.eprints.87349
record_format eprints
spelling my.upm.eprints.873492022-11-22T07:12:03Z http://psasir.upm.edu.my/id/eprint/87349/ Psychological factors contributing towards financial problem among civil service sector employees Abdul Rahim @ Abdul Wahab, Husniyah Magli, Amirah Shazana Sabri, Mohamad Fazli Othman, Mohd Amim Mohd Rasdi, Roziah Financial problems faced by employees can affect their performance and life satisfaction, as well as impact people surrounding them. This study aimed at identifying the potential contributors to financial problems among employees, whereby multi-stage random sampling was used to sample employees working in the civil service sector of Peninsular Malaysia. The results obtained from 470 employees in this cross-sectional study revealed that psychological factors such as self-worth, future orientation, locus of control, and materialism were more prevalent in contributing to their financial problems. In particular, self-worth and future orientation negatively contributed to financial problems, whereas locus of control and materialism were contrastingly revealed as posing positive influences on the aspect. Meanwhile, financial behaviours such as savings and investment were not contributing directly to financial problem in consideration of psychological factors, wherein these employees’ perception of financial adequacy could be attributed instead. Hence, an intervention programme for employees focusing on these psychological factors can be developed by vigilant employers in enhancing their performance. Here, successfully overcoming employee’s financial problems may further benefit both parties, thereby leading to explosive economic growth. Malaysian Consumer and Family Economics 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/87349/1/Psychological%20factors%20contributing%20towards%20financial%20problem%20among%20civil%20service.pdf Abdul Rahim @ Abdul Wahab, Husniyah and Magli, Amirah Shazana and Sabri, Mohamad Fazli and Othman, Mohd Amim and Mohd Rasdi, Roziah (2020) Psychological factors contributing towards financial problem among civil service sector employees. Malaysian Journal of Consumer and Family Economics, 25 (spec.1). 148 - 171. ISSN 1511-2802; ESSN: 2948-4189 https://majcafe-com.bsenetwork.biz/2020/11/30/volume-25-s1-2020/
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Financial problems faced by employees can affect their performance and life satisfaction, as well as impact people surrounding them. This study aimed at identifying the potential contributors to financial problems among employees, whereby multi-stage random sampling was used to sample employees working in the civil service sector of Peninsular Malaysia. The results obtained from 470 employees in this cross-sectional study revealed that psychological factors such as self-worth, future orientation, locus of control, and materialism were more prevalent in contributing to their financial problems. In particular, self-worth and future orientation negatively contributed to financial problems, whereas locus of control and materialism were contrastingly revealed as posing positive influences on the aspect. Meanwhile, financial behaviours such as savings and investment were not contributing directly to financial problem in consideration of psychological factors, wherein these employees’ perception of financial adequacy could be attributed instead. Hence, an intervention programme for employees focusing on these psychological factors can be developed by vigilant employers in enhancing their performance. Here, successfully overcoming employee’s financial problems may further benefit both parties, thereby leading to explosive economic growth.
format Article
author Abdul Rahim @ Abdul Wahab, Husniyah
Magli, Amirah Shazana
Sabri, Mohamad Fazli
Othman, Mohd Amim
Mohd Rasdi, Roziah
spellingShingle Abdul Rahim @ Abdul Wahab, Husniyah
Magli, Amirah Shazana
Sabri, Mohamad Fazli
Othman, Mohd Amim
Mohd Rasdi, Roziah
Psychological factors contributing towards financial problem among civil service sector employees
author_facet Abdul Rahim @ Abdul Wahab, Husniyah
Magli, Amirah Shazana
Sabri, Mohamad Fazli
Othman, Mohd Amim
Mohd Rasdi, Roziah
author_sort Abdul Rahim @ Abdul Wahab, Husniyah
title Psychological factors contributing towards financial problem among civil service sector employees
title_short Psychological factors contributing towards financial problem among civil service sector employees
title_full Psychological factors contributing towards financial problem among civil service sector employees
title_fullStr Psychological factors contributing towards financial problem among civil service sector employees
title_full_unstemmed Psychological factors contributing towards financial problem among civil service sector employees
title_sort psychological factors contributing towards financial problem among civil service sector employees
publisher Malaysian Consumer and Family Economics
publishDate 2020
url http://psasir.upm.edu.my/id/eprint/87349/1/Psychological%20factors%20contributing%20towards%20financial%20problem%20among%20civil%20service.pdf
http://psasir.upm.edu.my/id/eprint/87349/
https://majcafe-com.bsenetwork.biz/2020/11/30/volume-25-s1-2020/
_version_ 1751538211953311744
score 13.211869

Similar Items