ORGANIZATIONAL STRESS: A COMPARATIVE STUDY OF PUBLIC AND PRIVATE SECTOR BANK EMPLOYEES IN JORHAT DISTRICT

Abstract

The study explores the comparative dynamics of the source of organisational stress and its impact on wellbeing among public and private sector bank employees in Jorhat district of Assam. Firstly, using the Udai Pareek Organisational Stress Scale, it analyses the relative influence of individual role stressors on organisational stress level sector wise. Further, it tries to investigate the influence of organisational stress on physiological and psychological wellbeing of the bank employees. Stratified Proportionate Random Sampling method was employed to select finally 414 desired sample and tools used of analysis purpose were Ordinal Logistic Regression and Multinominal Logistic Regression. The findings of the study clearly unveils that role erosion emerged to be the most prominent stressor among both the sectors; however, the relative order of the influence of stressor shows that stress is driven by performance related pressures in private banks and systemic issues like resource inadequacy and bureaucratic delay in public banks. It also reveals that organisational stress leads to impairment in both physiological and psychological wellbeing, more particularly in private sector banks. Based on the findings, the researcher offered certain sector specific recommendations such as wellness programme, workload balancing, participative management, etc. Thus, the research contributes to understand the sector specific patterns in stress, thereby suggesting actionable interventions that will not only enhance employee resilience but also improve the organisational health, as a whole.