Perceived Stress Among Bank Employees in Vijayawada, A.P. – A Public vs. Private Sector Analysis

Abstract

This study assesses perceived stress levels among different category of employees in public and private sector banks. It also examines the stress levels was due to helplessness or self-efficacy among these two groups. Based on the strata through convenience sampling method, data were collected from 300 bank employees (150 from public banks and 150 from private banks) in Vijayawada City. The study employed the PSS-10 developed by Sheldon Cohen. Data were scored and analyzed in accordance with the instrument’s guidelines, utilizing R studio for statistical analysis. The results indicate that perceived stress levels are higher among public sector bank employees than among their public sector counterparts. Significant differences were also observed in the mean stress scores of employees across the two sectors. Moreover, the mean scores of Self-efficacy and Helplessness were found to be higher in public sector employees than private sector employees. Thus, public sector employees perceive their stress negatively and thus they tend to have high stress levels while the private sector bank employees also perceive their stress negatively but comparatively their factors of perception differs and thus there is significant difference in their perceived levels.