Personal Financial Management and Happiness at Work of Employees of the Provincial Waterworks Authority Region 4
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Abstract
The objectives of this study were: 1) to study the personal financial management of employees of the Provincial Waterworks Authority Region 4; 2) to study the happiness at work of employees of the Provincial Waterworks Authority Region 4; and 3) to study the relationship between personal financial management and happiness at work Provincial Waterworks Authority Region 4. The population used in the study were employees of the regional waterworks authority in District 4, totaling 1,189 people. The sample size of 300 was calculated using the formula of Taro Yamane, and a stratified random sampling method was used with a questionnaire as a tool for data collection. The value of the index of coincidence (IOC) is 1 and the confidence level is .977. Basic statistics were used for data analysis, mean, standard deviation, and inferential statistics, such as Pearson correlation coefficient analysis.
The results revealed that 1) Opinions of the majority of employees about the personal financial management of employees of the Provincial Waterworks Authority Region 4 were at a moderate level (= 3.20,S.D. = 0.67). 2) Most of the employees had opinions about the happiness at work of employees of the Provincial Waterworks Authority Region 4 at a high level (
= 4.08, (S.D. = 0.58). 3) There is a positive correlation at a low level between personal financial management factors and happiness at work (r = 0.417) significantly at 0.05 level. This means that poor financial management results in reduced happiness at work. Therefore, there should be guidelines recommended to employees to be cautious in their spending according to the principles of self-sufficiency economics. This includes keeping household accounts, as well as managing debt and building financial stability.
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