Open AccessMEASURING FINANCIAL WELLNESS OF THE MALAYSIAN EMPLOYEES
Author(s) -
Rossazana Ab Rahim
Publication year - 2020
Publication title -
unimas review of accounting and finance
Language(s) - English
Resource type - Journals
ISSN - 2590-3543
DOI - 10.33736/uraf.2863.2020
Subject(s) - financial literacy , business , finance , financial analysis , affect (linguistics) , work (physics) , psychology , engineering , mechanical engineering , communication
The purpose of this paper is to assess the determinants of financial wellness among employees in Sarawak. Samples are selected using multi-stage sampling technique among employees work at Kuching City and regression analysis is applied to examine the impacts of financial literacy, financial stress, and financial behavior towards the financial wellness among employees. A total of 300 questionnaires was distributed to the public and private sector employees with a response rate at 71 per cent. Generally, the results suggest that all determinants significantly affect the financial wellness of the workers. Additionally, education level is found important to the financial wellness among employees in Kuching, Sarawak.