Abstract
State Holding Company makes a number of improvements, followed by a process of changes each year. This study was conducted to understand how the changes in the company affect the employees working in it and how the employees deal with the stress caused by such changes. The purpose of the study was to investigate the links between personnel work stress, subjective and psychological well-being of employees during changes in State Holding Company. The research undertakes issues such as: the levels of employee stress and subjective well-being, the levels of employee psychological well-being, links, if any, between subjective and psychological well-being and work stress, and the methods used in the research study. The survey was created with reference to works of other authors such as “Professional Life Stress Scale”, “Life Satisfaction Scale” and “Psychological Well-being Survey”. It was concluded that the employees had medium levels of stress, medium levels of life satisfaction, and medium levels of overall psychological well-being. There are statistically significant links between subjective well-being, psychological well-being and work stress. Recommendations were prepared for the Human Resources Department to reduce stress levels of personnel working and successful management of changes.
Highlights
In their job, personnel now-adays experience various changes being made in the company because the development of new technologies and the changing economic situation in the country lead to implementation of changes to improve job processes and quality, and carry out evaluations for efficient use of the resources
The research questions were the following: What are the levels of employee stress? What are the levels of employee subjective wellbeing? What are the levels of employee psychological well-being? Are there links between subjective and psychological well-being? Are there links between subjective/psychological well-being and work stress?
By carrying out data analyses and interpretation, the authors identified that the employees of State Holding Company had medium levels of stress and that stress in the employees was primarily caused by unclear job assignments, work volumes and insufficient appreciation by the management
Summary
Personnel now-adays experience various changes being made in the company because the development of new technologies and the changing economic situation in the country lead to implementation of changes to improve job processes and quality, and carry out evaluations for efficient use of the resources. State Holding Company makes a number of improvements and introduce new services each year. This study aims at understanding how these changes made in State Holding Company affect the employees working in the company and how the employees deal with the stress caused by these changes. It is a major problem these days. Work stress may be caused by changed processes, style of management, communication with the employees and company culture (Stranks, 2005). Workplace stress is caused by communication, mutual relationship between the colleagues, whether the individual feels understood, appreciated and accepted as a personality and as a professional, and by the physical factors associated with the well-being of the body (Coja, 2008)
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