Breaking the Chains: The Toll of Workaholism on Bankers' Occupational Burnout

Abstract

Banking professionals are at danger of burnout due to the high stress and long hours. Studying the prevalence of workaholism and employee burnout in the banking industry was the focus of this study. Data on workaholism, burnout, and associated traits was gathered from a sample of bankers using validated questionnaires. Workaholism and burnout were positively correlated indicating that those who engaged in more workaholism were also more likely to become burnout by their occupations. The importance of workaholic tendencies in encouraging the development of burnout symptoms was further highlighted by the results of the regression analysis, which demonstrated a significant effect of workaholism on burnout. This study employed a quantitative research approach to investigate the relationship between workaholism, and occupational burnout. The sample included 200 male and female bank workers. Participants were selected using a convenience sample technique, meaning that they were chosen because they were both available and interested in taking part in the study. These findings underscore the importance of recognizing workaholism as a risk factor for burnout and the necessity for programs in the banking industry to address work-life balance and promote well-being. Banks may improve their ability to recruit and retain top talent by implementing strategies that lessen workaholism and foster a more positive work environment, all of which have been shown to minimize burnout and boost job satisfaction. The findings are the addition to the existing theory as well has practical implication for the managers and future researchers.