Factors influencing employee engagement: a case study in XY Bank Berhad

The primary aim of this quantitative research is to examine the factors that influence employee engagement in XY Bank Berhad. Almost all of the industries have given proper space to employee engagement but banking industry has started to focus on this aspect with greater emphasis as the turnover rat...

Full description

Saved in:
Bibliographic Details
Main Author: Noorimah, Mohd Mustaffa
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
Online Access:https://etd.uum.edu.my/7216/1/s818734_01.pdf
https://etd.uum.edu.my/7216/2/s818734_02.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uum-etd.7216
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Azizan, Norizan
topic HF5549-5549.5 Personnel Management
Employment
spellingShingle HF5549-5549.5 Personnel Management
Employment
Noorimah, Mohd Mustaffa
Factors influencing employee engagement: a case study in XY Bank Berhad
description The primary aim of this quantitative research is to examine the factors that influence employee engagement in XY Bank Berhad. Almost all of the industries have given proper space to employee engagement but banking industry has started to focus on this aspect with greater emphasis as the turnover rate of employees is comparatively high in this industry. So it is a matter of interest for conducting this research because of the employee engagement is an absolute essential factor determines sustainability and success of the company. It is owing to the fact that it much relies on its main asset: The employee. A total of 148 respondents from XY Bank Berhad participated in this study and data was gathered using structured questionnaires and analyzed using Statistical Package for Social Science (SPSS) version 21.0. Throughout the statistical analysis – correlation analysis, it is found that there is a positive significant relationship between the three independent variables namely employee communication, employee development and rewards and recognition with the dependent variable, employee engagement. Among all three independent variables, employee development is found to be the mostindependent variable in influencing the employee engagement in XY Bank Berhad. Based on findings of the study, the theoretical and possibility implication are discussed. Limitations and recommendations for future research are also underlined.
format Thesis
qualification_name other
qualification_level Master's degree
author Noorimah, Mohd Mustaffa
author_facet Noorimah, Mohd Mustaffa
author_sort Noorimah, Mohd Mustaffa
title Factors influencing employee engagement: a case study in XY Bank Berhad
title_short Factors influencing employee engagement: a case study in XY Bank Berhad
title_full Factors influencing employee engagement: a case study in XY Bank Berhad
title_fullStr Factors influencing employee engagement: a case study in XY Bank Berhad
title_full_unstemmed Factors influencing employee engagement: a case study in XY Bank Berhad
title_sort factors influencing employee engagement: a case study in xy bank berhad
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2017
url https://etd.uum.edu.my/7216/1/s818734_01.pdf
https://etd.uum.edu.my/7216/2/s818734_02.pdf
_version_ 1747828175170174976
spelling my-uum-etd.72162021-05-10T07:57:49Z Factors influencing employee engagement: a case study in XY Bank Berhad 2017 Noorimah, Mohd Mustaffa Azizan, Norizan Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5549-5549.5 Personnel Management. Employment The primary aim of this quantitative research is to examine the factors that influence employee engagement in XY Bank Berhad. Almost all of the industries have given proper space to employee engagement but banking industry has started to focus on this aspect with greater emphasis as the turnover rate of employees is comparatively high in this industry. So it is a matter of interest for conducting this research because of the employee engagement is an absolute essential factor determines sustainability and success of the company. It is owing to the fact that it much relies on its main asset: The employee. A total of 148 respondents from XY Bank Berhad participated in this study and data was gathered using structured questionnaires and analyzed using Statistical Package for Social Science (SPSS) version 21.0. Throughout the statistical analysis – correlation analysis, it is found that there is a positive significant relationship between the three independent variables namely employee communication, employee development and rewards and recognition with the dependent variable, employee engagement. Among all three independent variables, employee development is found to be the mostindependent variable in influencing the employee engagement in XY Bank Berhad. Based on findings of the study, the theoretical and possibility implication are discussed. Limitations and recommendations for future research are also underlined. 2017 Thesis https://etd.uum.edu.my/7216/ https://etd.uum.edu.my/7216/1/s818734_01.pdf text eng public https://etd.uum.edu.my/7216/2/s818734_02.pdf text eng public other masters Universiti Utara Malaysia Ang, J. B., W.J. McKibbin, (2007). “Financial Liberalization, Financial Sector Development and Growth: Evidence from Malaysia”. Journal of Development Economics, 84: 215-233. 2007. Abassi, S. M., & Hollman, K. W. (2000). Turnover: The Real Bottom Line. Public Personnel Management, 29 (3). AON Hewitt. (2014). 2014 Trends in Global Employee Engagement. U.S: AON Hewitt. Armstrong, M. (2009). Armstrong's Handbook of Human stockel Resource Management (11th Ed). London: Kogan Page. Arrowsmith, J., & Parker, J. (2013). The MeaninFunctiong of 'Employee Engagement' for the Values and Roles of the HRM Function. The International of Human Resource Management, 24(2), 692-712. Atieh AlQuabeh, S. (2016). Strategies that Influence Employee Engagement: A Study of the Jordanian Electric Power Company Limited (JEPCO). Avey, J. B., Luthans, F., & Mhatre, K. H. (2008). A call for longitudinal research in positive organizational behavior. Journal of Organizational Behavior, 29(5), 705–711. https://doi.org/10.1002/job.517 Aziz, A. A. (2012). The influence of employees communication, rewards and recognition and employee development on employees engagement in Newfield Exploration (Malaysia). Bailey, C., Madden, A., Alfes, K., Fletcher, L., Robinson, D., Holmes, J., et al. (2015). Evaluating the Evidence on Employee Engagement and its Potential Benefits to NHS Staff: A Narrative Synthesis of the Literature. Health Services and Delivery Research, 3 (26). Bakker, A. B., & Demerouti, E. (2007). The Job Demands-Resources Model: State of the Art. Journal of Managerial Psychology, 22(3), 309-328. Bakker, A. B., & Schaufeli, W. B. (2008). Positive Organizational Behavior: Engaged Employees in Flourishing Organizations. Journal of Organizational Behavior, 29, 147-154. Bakker, A. B., & Demerouti, E. (2007). The Job Demands-Resources Model: State of the Art.. Journal of Managerial Psychology, 22, 309-328. Bakar, A. R. (2013). Factors Influencing Employee Engagement: A Study of the Financial Sector in Malayisa. Bates, S. (2004). Getting Engaged: Half of your Workforce may be just going through the Motions. HR Magazine , 49, 44-51. Baumruk, R. (2004). The Missing Link: The Role of Employee Engagement (report of a Hewiitt Associates/Michael Treacy Studies). Wirkspan, 48-53. Baumruk, R., & Gorman, B. (2006). Why Managers Are Crucial to Increasing Engagement. Melcrum Publishing. Bersin, J. (2014). It's Time To Rethink The 'Employee Engagement' Issue. Retrieved from Leadership. Blessing W. (2008). Employer Engagement Report 2005 & 2008. Princeton NJ: Princeton University. Britt, T., Castro, C., & Adler, A. (2005). Self-Engagement, Stressors and Health: A Longitudinal Study. Personality and Social Psychology Bulletin, 31 (11), 14751486. Buckingham, M., & Curt, C. (1999). First, Break All the Rules: What the World's Greatest Managers Do Differently. Simon dan Schuster. Buckingham M., and Coffman C. (2005). First, break all the rules. Pocket Books, London. Cattermole, D., Johnson, J., & Roberts, K. (2013). Employee Engagement Welcomes The Dawn of An Empowerment Culture. Strategic HR Review, 12(5), 250-254. Choo, L. S. (2009). Factors That Influence Employee Engagement. CIPD (Chartered Institute of Personnel Development). (2006). Reflections on Employee Engagement: Change Agenda. London. Cooper, D. R., & Schindler, P. S. (2008). Business Research Methods (11 ed.). New York: McGraw Hill Companies, Inc. Devi, V. R. (2009). Employee Engagement is a Two-Way Street. Human Resource Management International Digest, 17 (2), 3-4. Ellis, C. M., & Sorensen, A. (2007). Assessing Employee Engagement: The Key to Improving Productivity. Perspectives, 15 (1). Employees, E., & Performance, B. (n.d.). Workingpaper. Endres, G. M., & Mancheno-Smoak, L. (2008). The Human Resource Craze: Human Performance Improvement and Employee Engagement. Organizational Development Journal, 26 (1), 69-78. Ford. (2015). Sustainability Report Summary 2015/2016: Accelerating Today for a Better Tomorrow. Ford. Gallup. (2006). Gallup Study: Engaged Employees Inspire Company Innovation Retrieved March 10, 2017, from Gallup: http://gmj.gallup.com/content/24880/gallup-study-engaged-employees-inspire-company.aspx Gallup. (2014). Majority of U.S. Employees Not Engaged Despite Gains in 2014. Retrieved February 21, 2017, from Gallup: http://www.gallup.com/poll/181289/majority-employees-not-engaged-despite-gains-2014.aspx. Gallup. (2017). State of the American Workplace Report. Retrieved July 24, 2017, from Gallup: http://www.gallup.com/services/178514/state-american-workplace.aspx?g_source=latest+report &g_medium=search&g_campaign=tiles. Gallup. (2017). Gallup Employee Engagement: The Engaged Workplace. Retrieved June 20, 2017, from Gallup: http://www.gallup.com/services/190118/engaged-workplace.aspx. Gallup Business Journal. (2012). Engaged Employees Inspire Company Innovation. www.Gallup.Com. Garson, G. D. (2010). Retrieved March 23, 2017, from Multiple Regression: http://faculty.chass.nscu.edu/garson/PA765/ regress.html Gebauer, J. (2007). Towers Perin Global Workforce Study. Retrieved March 20, 2017, from The Muticultural Advantage: http://www.multiculturaladvantage.com/recruit/ diversity/global-diversity/Towers-Perrin-Global-Workforce-Study.asp Goh, L. (2012). Why Job-Hoppershop. Retrieved May 20, 2017, from TheSTAR online: http://www.thestar.com.my/News/Nation/2012/02/ 19/Why-jobhoppers-hop Groenewald, D. (2010). Chapter 5: Research Design and Methodology of the Study. Retrieved April 21, 2017, from http://upetd.up.ac.za/thesis/available/etd- 04282010-085324/unrestricted/0 Guildford, J. P. (1973). Fundamental Statistics in Psychology and Education (5th ed.). New York: McGraw-Hill. Hair, J., Bush, R., & Ortinau, D. (2006). Marketing Research: Within Changing Information Environment (3rd ed.). New York: McGraw-Hill. Harter, J. K., Schmidt, F. L., Killham, E. A., & Agrawal, S. (2009). Q12® Meta-Analysis: The Relationship Between Engagement at Work and Organizational Outcomes. Retrieved March 12, 2017, from www.gallup.com/consulting/File/126806/Meta Analysis_Q12_WhitePaper_2009.pdf Hassan, S., Hassan, M., & Shoaib, M. (2014). Measuring the Impact of Perceived Organization Support, Psychological Empowerment and Rewards on Employees' Satisfaction: Testing the Mediating Impact on Employee Engagement. World Applied Sciences Journal, 30 (5), 652-660. HayGroup. (2001). Engage Employees and Boost Performance. Retrieved June 20, 2017, from HayGroup: https://home.ubalt.edu/tmitch/642/ Articles%20syllabus/Hay%20assoc%20engaged performance 120401.pdf. Jamal. (2011). Factors influencing employee enaggement: a study among employees of a printing company. Jenkins, S., & Delbridge, R. (2013). Context Matters: Examining 'Soft' and 'Hard' Approaches to Employee Engagement in Two Workplaces. The International Journal of Human Resource Management, 24 (14), 670-691. Jogi, R. A., Srivastava, A.K. (2015). Determinants of Employee Engagement in Banking Sector : A Multivariate Study in Central Chhattisgarh, 8(3), 66–70. Kahn, W. A. (1990). Psycological Conditions of Personal Engagement and Disengagement At Work. The Academy of Management Journal, 33 (4), 692-724. Karanges, E., Johnston, K., Beatson, A., & Lings, I. (2015). The Influence of Internal Communication on Employee Engagement: A Pilot Study. Public Relations Review, 41 (1), 129-131. Karatepe, O. M., & Olugbade, O. A. (2009). The Effects of Job and Personal Resources on Hotel Employees' Work Engagement. International Journal of Hospitality Management, 28 (4), 504-512. Khan, M. W., & Altaf, M. (2015). Important Dimensions Influencing Employee Engagement in Organizations of Pakistan. Journal of Business and Management Research, 9 (1), 270-275. Kim, W. C., & Mauborgne, R. (2005). Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant. Boston, Mass: Harvard Business School Press. Krejcie, R. V, & Morgan, D. W. (1970). Determining Sample Size for Research Activities Robert. Educational and Psychological Measurement, 38(1), 607–610. https://doi.org/10.1177/001316447003000308 Kokemuller, N. (2010). Internal & External Factors Affecting Employee Engagement. Demand Media. Krishnaveni, R., & Monica, R. (2016). Identifying the Drivers for Developing and Sustaining Engagement Among Employee. IUP Journal of Organizational Behaviour, Hyderabad , 15 (3), 7-15. Kruse, K. E. (2012). Employee Engagement 2.0: How to Motivate your Team for High Performance (A Real World Guide for Busy Managers). Kruse Group. Lee, J. J., & Ok, M. C. (2015). Drivers of Work Engagement: An Examination of Core Self-Evaluations and Psychological Climate Among Hotel Employees. International Journal of Hospitality Management, 44, 84-98. Little, B., & Little, P. (2006). Employee Engagement: Conceptual Issues. Journal of Organizational Culture, Communications and Conflict , 10, 111-120. Luthans, F., & Avolio, B. J. (2009). The “Point” of positive organizational behavior. Journal of Organizational Behavior, 30(2), 291–307. https://doi.org/10.1002/job.589 Luthans, F., & Youssef, C. M. (2007). Emerging Positive Organizational Behavior. Journal of Management, 33(3), 321–349. https://doi.org/10.1177/0149206307300814 Macey, W., & Schneider, B. (2008). The Meaning of Employee Engagement. Industrial and Organizational Psychology, 1(1), 3-30. Malhotra, N. K. (1999). Marketing Research: An Applied Orientation. New Jersey: Prentice Hall, Inc. Markos, S., Sandhya, M., & Professor, S. (2010). Employee Engagement: The Key to Improving Performance. International Journal of Business and Management, 5(12), 89. https://doi.org/E-ISSN 1833-8119 MEF. (2016). MEF Salary Survey for Executives 2016. Kuala Lumpur: MEF. Mishra, K., Boynton, L., & Mishra, A. (2014). Driving Employee Engagement: The Expanded Role of Internal Communications. International Journal of Business Communication, 51 (2), 183-202. Nnenna, E. U. (2011). The Causes of Low Motivation within Cape Town's Fast Food Industry. CPUT Theses & Dissertations, 379. Ologbo, A. C., & Sofian, S. (2012). Individual Factors and Work Outcomes of Employee Engagement. Procedia - Social and Behavioral Sciences, 40, 498–508. Othman, S. Z., & Mohd Shkuri, N. S. (2015). Predicting Turnover Intention Through Organizational Support and Organizational Commitment: The Case of Manufacturing Company. IJMS, 22 (1), 33-45. Parsley, A. (2006). A Roadmap for Employee Engagement. Retrieved April 27, 2017, from http://www.management-issues.com/2006/5/25/ opinion/a-road-map-foremployeeengagement.asp Ram, P., & Prabhakar, G. V. (2011). The Role of Employee Engagement in Work-Related Outcomes. Interdisciplinary Journal of Reserach in Business, 1(3), 47-61. Rasli, A., Hon, H., Ai, T., Khalaf, B., Karanges, E., Johnston, K., … Markos, S. (2015). Effective employee engagement and organizational success : a case study. Procedia - Social and Behavioral Sciences, 172(1), 161–168. https://doi.org/10.1016/j.sbspro.2015.01.350 Reio, T., & Sanders, R. J. (2011). Thinking about Workplace Engagement: Does Supervisor and Co-Worker Incivility Really Matter. Advances in Develping Human Resources, 13, 462-478. Reissner, S., & Pagan, V. (2013). Generating Employee Engagement in a Public-Private Partnership: Management Communication Activities and Employee Experiences. The International Journal of Human Resource Management, 24 (14), 2741-2759. Revine, S. R. (2014). Strategic Communication is Key to Employee Engagement. Retrieved from https://www.cuinsight.com/strategic-communication-is-key-to-employee-engagement.html Rich, B. L., Lepine, J. A., & Crawford, E. R. (2010). Job Engagement: Antecedents and Effects on Job Performance. Academy of Management Journal, 53, 617-635. Robinson, D., Perryman, S., & Hayday, S. (2004). The Drivers of Employee Engagement Report 408. Institute for Employment Studies, UK. Ryynanen, H., Pekkarinen, O., & Salminen, T. R. (2012). Supplier's Internal Communication in Change Process to Solution Business: Challenges and Tentative Research Agenda. Journal of Business Market Management, 5 (3), 154-172. Saks, A. (2006). Antecedents and Consequenses of Employee Engagement. Journal of Managerial Psychology, 21, 600-619. Salanova, M., & Schaufeli, W. B. (2008). A Cross-National Study of Work Engagement as a Mediator Between Job Resources and Proactive Behaviour. The International Journal of Human Resource Management, 19(1), 116. Retrieved from http://eserv.uum.edu.my/docview/218125474? accountid=42599. Sarangi, S., & Srivastava, K. R. (2012). Impact of Organaizational Culture and Communication on Employee Engagement: An Investigation of Indian Private Banks. South Asian Journal of Management, 19 (3), 19-33. Schaufeli, W., Salanova, M., Gonzalez-Roma, V., & Bakker, A. (2002). The Measurement of Engagement and Burnout: A Two Sample Comfirmatory Analytic Approach. Journal of Happiness Studies, 3, 71-92. Scott, D., & McMullen, T. (2010). The Impact of Rewards Programs on Employee Engagement. Retrieved from http://goo.gl/7Siipy Sekaran, U. (2003). Research Methods for Business: A Skill Building Approach (4th ed.). USA: John Wiley & Sons (ASIA) Pte Ltd. Seligman, M. E. P., Steen, T. A., Park, N., & Peterson, C. (2005). Positive psychology progress: Empirical validation of interventions. The American Psychologist, 60(5), 410–21. https://doi.org/10.1037/0003-066X.60.5.410 Selmer, J., Jonasson, C., & Lauring, J. (2013). Group Conflict and Faculty Engagement: Is there a Moderating Effect of Group Trust? Journal of Higher Education Policy and Management, 35(1), 95-109. Sharmila, V.J. (2013). Employee Engagement - An Approach to Organizational Excellence. International Journal of Social Science & Interdisciplinary Research, 2(5), 111-117 Shropshire, J., & Kadlec, C. (2012). Where are you going? A comparative analysis of job and career change intentions among USA it workers. Journal of Internet Banking and Commerce, 17(2), 1–20. https://doi.org/10.1002/job Shuck, B., & Wollard, K. (2010). Employee Engagement and HRD: A Seminal Review of the Foundations. Human Resource Development Review , 9(1), 89-110. Shuck, B., & Rocco, T. S. (2014). Human Resource Development and Employee Engagement. Employee Engagement in Theory and Practice, 116-130. Sia, J. Y. (2012). A Survey of Factors Influencing Employee Engagement. Soane, E., Truss, C., Alfes, K., Shantz, A., C, R., & Gatenby, M. (2012). Development and Application of a New Measure of Employee Engagement: The ISA Engagement Scale. Human Resource Development International, 15, 529-547. Solomon, M., & M. Sandhya, S. (2010). Employee Engagement: The Key to Improving Performance. International Journal of Business and Management, 5 (12). Spellman, R. (2007). Meaning at work research report - CIO development. E-Penna, 2–22. Retrieved from http://ciodevelopment.com/wp-content/uploads/ 2011/10/2006-10-08-08-36-31_Penna-Meaning-at-Work-Report.pdf Stack, L. (2009). Engaged Employeed are more Productive. Stockley, D. (2007). Employee Engagement and Organisational Pride. Swanberg, J., Mckechnie, S., Ojha, M., & James, J. (2011). Schedule Control, Supervisor Support and Work Engagement: A Winning Combination for Workers in Hourly Jobs? Journal of Vocational Behaviour, 79(3), 613-624. Swathi, S. (2013). Effecting employee engagement factors. International Journal of Scientific and Research Publications, 3(8), 3–5. https://doi.org/2250-3153 Tabachnick, B. G., & Fidell, L. S. (2006). Multivariate Analysis of Grouped Data. Invited Workshop Presented to the Meeting of the Western Psychological Association. CA: Palm Springs. Teng, C., Kuei-Wen Huang, & I-Ling, T. (2007). Effects of Personality on Service Quality in Business Transactions. The Service Industries Journal, 27(7), 849. Retrieved from http://eserv.uum.edu.my/docview/203342452? accountid=42599. Thomson Reuters (2016). State of the Global Islamic Economy Report 2015/2016. Retrieved May 20, 2017, from Thomson Reuters: http://www.dinarstandard.com/state-of-the-global-islamic-economy-report-2015/. Torben, R. (2012). Top 10+ Reasons Why Employee Engagement is Important. Retrieved July 30, 2017, from Meliorate: https://www.torbenrick.eu/blog/leadership/10- reasons-why-employee-engagement-is-important/ Towers Perrin. (2003). Working Today: Understanding What Drives Employee Engagement: The 2003 Towers Perrin Talent Report. Retrieved June 8, 2017, from Towers Perrin: http://www.keepem.com/doc_files/Towers_Perrin_ Talent_2003%28TheFinal%29.pdf. Towers Perrin. (2008). Towers Perrin Global Workforce Study. Retrieved April 21, 2017, from Towers Perrin: http://towersperrin.com/tp/ showhtml.jsp?url=global/publications/gws/index Towers Perrin. (2008). Confronting Myths: What Really Matters in Attracting, Engaging and Retaining your Workforce? New York: Global Workforce Study. Vance R. J. (2006). Employee Engagement and Commitment: A Guide to Understanding, Measuring, and Increasing Engagement in your Organization. Alexandria, VA: SHRM Foundation Vazirani, N., (2005). Employee Engagement. SIES College of Management Studies. Working paper series. Wayne, J. S., Shore, L. M., & Liden, R. C. (1997). Perceived Organizational Support and Leader-Member Exchange. Academy of Management Journal, 40, 82-111. Wefald, A. J., & Downey, R. G. (2009). Job Engagement in Organizations: fad, fashion, or folderol? Journal of Organizational Behaviour, 30 (1), 141-145. Welch, M. (2011). The Evolution of the Employee Engagement Concept: Communication Implications. Corporate Communication: An Internal Journal, 16(4), 328-346. Wellins, R., & Concelman, J. (2005). Creating a Culture for Engagement. Workforce Performance Solutions, 141-143. Willis Towers Watson. (2010). 2010 Global Workforce Study. Retrieved February 5, 2017, from Willis Tower Watson: http://www.towerswatson.com/Insights/IC-Types/ Survey-Research-Results/2012/07/2012-Towers-Watson-Global-Workforce-Study. Willis Towers Watson. (2014). 2014 Global Workforce Study. Retrieved February 5, 2017 from Willis Tower Watson: http://www.towerswatson.com/en/Insights/IC-Types/. Wyatt Watson. (2008). 2008/2009 Wyatt Watson: Driving Business Results Through Continuos Engagement. Retrieved May 11, 2017, from http://www.watsonwyatt.com/research/pdfs/ 2008-US-0232.pdf. Yusof, Z. A., Hussin, A.A., Alowi, I., Lim, C. and Singh, S. (1994). Financial Reform in Malaysia. Financial reform: theory and experience. Cambridge University Press, UK, 276-320. Zikmund, W. G., Babin, B. J., Carr, J. C., & Griffin, M. (2010). Business Research Methods. New York: South-Western/Cengage Learning.