Stress in Banking Industry

Stress is a part of everyday life and as such is a part of all organisations. Cole in his 2004 book ‘Management Theory and Practice’ describes stress as:

Introduction Stress affects millions of people. One of the most common forms of stress is that related to our careers and the workplace. In today 's economic difficulty, work related stress is even more pronounced than ever before. Everyone who has ever held a job has, felt the pressure of work-related stress. Any job can have stressful elements, even if you love what you do. According to the American Psychological Association 's (APA) annual Stress in America Survey. Only 37 percent of Americans surveyed said they were doing

Stress can be caused in the working and even in the academic environment which is why the aim of this annotated bibliography will advise on how to manage and cope with stress in an academic environment from different authors and researchers with the conclusion of whether it is a useful advice and tool for reducing and relieving stress symptoms.

These financial institutions are seeking out people to assist them with requirements such as: Sarbanes-Oxley, Dodd-Frank, and continued regulatory pressure. Banks have learned the downside to overconfident and neglectful management of important aspects of financial activity (Melwani, 2015).

Attempts are made to keep employees focused by frequent staff meetings, but people only partially pay attention as managers announce company developments. Management’s perceived need to continually push employees to act right is apparent in the way they handles the missing cover page on Peter’s TPS report. Stress To study stress in the work place, researchers often measure the existing stressors being dealt with by employees. The stressors may be either physical or psychological demands to which an individual responds and, if chronic or persistent, can lead to negative reactions or responses called strains. Physical task stressors include excessive heat, noise, and light, as well as job demands such as a time-pressured work pace, heavier workload, and the amount of hours worked.

In The Divide, author Matt Taibbi portrays the effects of the Recession on the employees of the large bank firms that committed fraud. Taibbi discusses the life of Linda Almonte, a former executive for JPMorgan Chase. Originally, Linda worked for Washington Mutual, but a large amount of fraudulent activity happened at the bank firm and caused the bank to fail. They were giving loans to “anything that moved” (357) without looking at the consequences. However, the massive amounts of loan were not what “killed the company” (358), it was destroyed because of their inability to rid of their “defective product” (358). After Linda discovered that JPMorgan Chase was committing suspicious acts, she decided to investigate. Not only did she find

Sara Munns in her essay “Keep Calm And Stress On”, argues the negative perception of stress, propagated by modern society has led to an unnecessary push towards lifestyles aimed at mitigating stress in daily life. To give her readers a new perspective of stress, she focuses on the positive aspects of stress and how with the proper view it can benefit its recipient. In this essay I will first, analyze the various claims made by Miss Munns, as well as the assumptions that correspond with these claims, and finally I will conclude by giving a personal account of the overall effectiveness this essay has had on my perception of stress.

This reading focuses on a few principles which would help one to turn their stress into asset:

Extensive research has determined that the banking industry is in an unstable state. The industry’s profits have

Any work environment can have stressful aspects that can negatively affect the employees’ performance and may lead to burnout. Oftentimes when employees are stressed or burnout their commitment at the job may begin to weaken and they may lose satisfaction. Many organizations have recognized that workers burnout is the result of aggravated chronic work stressors and embodied by enervation and inefficacy. This author will discuss the impact of stress and worker burnout on organizations. Moreover, this author will consider the implication of stress and worker burnout on the employee, as well as the short- and long-term productivity of a business.

Studies from different parts of the world made by different health organizations have showed that long working hours and pressured work lead to stress which affects the employees mentally and physically and leads indirectly to low productivity levels. Not only stress, but it can cause a lot more of health issues like extreme fatigue including sleepiness, poor concentration, and increased susceptibility to illness. These symptoms can a have a noticed effect on the general productivity of an organization.

For instance, Mr Tan and his wife will organise a small party and consider giving extra bonus to motivate their employees, enhance positive emotion and decrease stress level. Mrs Tan desires to organise some travel plans and let their employees to relax. Daily hassles mean unhappy or undesirable events that make employees in bad mood (Greenberg, 2011). Daily hassles can develop as a major source of stress when employees experience them constantly or in large amounts (Otis & Pelletier, 2005). For example, Ms Yati fails in hitting her target sales due to poor communicating skills. Once she achieves the target sales, Mr Tan will set a higher goal for

Organizational behavior is the study of individuals and their behavior within an organized work environment. Many different facets of the business world make up organizational behavior including: motivation, personality, leadership, communication, and so much more. However, I plan to focus on the topic of stress within organizational behavior. Depending on how it is handled stress can be both positive and negative. However, when it is not recognized and handled properly stress can cause serious problems. Throughout this paper I

Stress is not only affecting individuals, but also affects how are businesses function and how our society operates (Morrison 1).

Stress is a killer. There is doubt that stress can cause health problems. Daily stressors lead into major health problems. Therefore if you can manage your daily stress you can promote a healthier life. The American Medial Association defines stress, as being any disruptions of a person’s mental and physical well being. (4.) My position is that if you balance the stress in your life you can live healthier and prevent certain sicknesses.