WORK STRESS AND SUBJECTIVE/PSYCHOLOGICAL WELL-BEING OF EMPLOYEES OF STATE HOLDING COMPANY IN TIMES OF CHANGE

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.