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Health Effects of Stress and Insecurity among Employees in the Banking Sector - Comparison with Employees in other Sectors

Author

Listed:
  • Gianfranco Domenighetti
  • Jacqueline Quaglia
  • Annamaria Fahrlaender
  • Michele Tomamichel
  • Alain Kiener

Abstract

This study measures, on a representative sample of employees in the banking sector (N=428), the prevalence of 18 work condition factors which may have an influence on the levels of stress and insecurity. The analysis then points out the relationship between these two latter factors and 16 health indicators of subjective morbidity and medical consumption. The main results show a significant increase in the prevalence of subjective morbidity and medical consumption with the increase in exposure to a "medium to high" level of fear of dismissal and to a continuous level of stress in the previous 12 months. The comparative analysis carried out on a representative sample of employees in other economic sectors (N=859) shows that employees in the banking sector declare higher levels of stress and insecurity and show evidence of significantly worse health indicators with respect to those of employees working in other sectors.

Suggested Citation

  • Gianfranco Domenighetti & Jacqueline Quaglia & Annamaria Fahrlaender & Michele Tomamichel & Alain Kiener, 2004. "Health Effects of Stress and Insecurity among Employees in the Banking Sector - Comparison with Employees in other Sectors," Cahiers de Recherches Economiques du Département d'économie 04.14, Université de Lausanne, Faculté des HEC, Département d’économie.
    • Handle: RePEc:lau:crdeep:04.14
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    File URL: http://www.hec.unil.ch/deep/textes/04.14.pdf
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    Citations

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    Cited by:

    1. Lakhwinder Singh Kang & Rashpal Singh Sandhu, 2012. "Impact of Stress on Health: A Study of Bank Branch Managers in India," Global Business Review, International Management Institute, vol. 13(2), pages 285-296, June.
    2. Giudici, Francesco & Morselli, Davide, 2019. "20 Years in the world of work: A study of (nonstandard) occupational trajectories and health," Social Science & Medicine, Elsevier, vol. 224(C), pages 138-148.

    More about this item

    Keywords

    economic development; labour market; unemployment; job insecurity; deprivation; health; public health; health impact assessment;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • K2 - Law and Economics - - Regulation and Business Law
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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