Issue

Factors Affecting Employee Absenteeism in Nepalese Commercial Banks

Ms. Samjhana Banjade*
MBS-F Finance, Lumbini Banijya Campus, Butwal, Nepal

Mr. Sandip Paudel
Asst. Lecturer in Management, Lumbini Banijya Campus, Butwal, Nepal
*Corresponding author

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Abstract
Absenteeism is a major problem faced by almost all employers of today. Employee absenteeism is a costly personnel issue that has drawn the attention of both theorists and practitioners. Employee absence rates and their impact on productivity are hot topics in many countries, as high rates of employee absence may indicate poor management relations, resulting in low productivity. The goal of this study is to investigate and comprehend the most prevalent factors that have a significant impact on absenteeism among commercial bank employees. The purpose of this study, confirmatory factor analysis was performed. In addition to that, independent t-test, and One-way ANOVA, was conducted to find out the group difference among the variable. A questionnaire is being developed to investigate the cause of absenteeism. The questionnaire is distributed to a convenience sample of 101 commercial bank employees. The specific goals were to examine employee attitudes towards absenteeism and the impact of demographic factors on absenteeism. In SPSS, descriptive statistics, factor analysis, and reliability analysis were used to analyses the results. The study looked at the relationship between employee absenteeism and job satisfaction, health status, family responsibility, working conditions, employee relations, and occupational stress. The findings of this study will be useful in addressing absenteeism and improving productivity in Nepal's commercial banking sector. Working conditions, job satisfaction, health status, family responsibilities, employee relations, and occupational stress were found to have a significant impact on employee absenteeism. The study highlights the importance of addressing these factors to improve the work environment, reduce stress, and decrease absenteeism. The study provides valuable insights for managers and policymakers to tackle employee absenteeism and improve organizational performance in the Nepalese banking sector. Future research should consider a larger sample size and more factors to enhance accuracy. Key words: Employee Absenteeism, Job satisfaction, Factor analysis and Commercial bank.