Antecedents and Consequences of Occupational Stress in the Life Insurance Sector
Published: 2013
Author(s) Name: Sakshi Sharma, Rajvir Kaur |
Author(s) Affiliation: Dr. Sakshi is Asst. Prof. & Ms. Kaur is Research Scholar at Lovely Professional University, India
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Abstract
This study aims at examining the antecedents and consequences of occupational stress among the employees of life insurance
companies. A sample of 374 life insurance employees was surveyed through a structured interview schedule using census method. Factor
analysis was carried out to identify the perceived sources and consequences of occupational stress. The findings reveal that ‘ineffective
leadership style’ is the major source of stress, apart from ‘lack of control at work’, ‘poor relationship with supervisor’ and ‘lack of advancement
opportunities’. The study also shows that occupational stress has high negative impact on psychological health but have no impact on physical
health of life insurance employees. The practical implications for managing occupational stress in insurance sector are discussed at the end of
the paper along with the limitations and opportunities for further research.
Keywords: Occupational Stressors, Physical Ill-Heath, Psychological Ill-Health, Life Insurance Employees
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