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Effect of Eudaemonic Factors on the Well-Being of Bank Employees

Volume: 135  ,  Issue: 1 , October    Published Date: 17 October 2023
Publisher Name: IJRP
Views: 155  ,  Download: 80 , Pages: 5 - 18    
DOI: 10.47119/IJRP10013511020235567


# Author Name
1 Anna Leigh Samantha D. Dimatatac


In the Philippines, the banking industry is portrayed by a culture of long hours, heavy workloads, and social isolation practices during office hours at the expense of other facets of life, most notably family and social life. This study made use of the eudaemonic concept of well-being in the workplace. As employment now occupies a significant portion of most peoples lives and has a significant impact on their well-being, this research investigated the effect of eudaemonic factors on the well-being of the top five based on assets commercial bank employees working in Metro Manila. The study followed descriptive and causal research designs employing mean and regression. Furthermore, the findings of the study indicated that among these nine eudaemonic factors, engagement, relationships, meaning, mindset, and environment were not significantly predicting well-being, while positive emotions, accomplishment, physical health, and economic security were revealed as significant predictors of well-being. This suggests that these are the factors that need prioritization by the banks if they would like to promote the well-being of bank employees. Notably, economic security was identified as having the greatest contribution to well-being. With this, the main output of this study is designed as a CAPSTONE project in the form of a wellness allowance, an innovative, adjusted holistic wellness program proposal with the objective of improving the well-being of employees in the banking industry. With an effective wellness program in place, it will improve the lives of the bank employees and help drive the banks success.


  • PERMA+4
  • positive emotions
  • engagement
  • relationships
  • meaning
  • accomplishment
  • physical health
  • mindset
  • work environment
  • economic security
  • well-being
  • wellness program