Effect of Increasing Stress Level in the Banking Sector

Abstract

The banking sector is getting extremely competitive across the country and there’s hardly any difference in the quality of the products and services being offered across the industry which puts extra burden and pressure on the employees. This further leads to various psychological problems among the employees like anxiety, stress, insomnia, depression, etc. Under such circumstances, the individual starts getting discontented in the current organization and seeks more options elsewhere. Therefore, it is very difficult for the management to find means to motivate bank employees to keep upgrading their skills in order to perform better within the organization under such conditions. The study addresses the specific problems of private bank employees related to occupational stress. This throws light on various problems related to occupational stress in the banking industry.