Psychological Well-Being and Coping Strategies Among Indian Private Bank Employees: A Thematic Analysis

Abstract

The burnout level of bank employees is not a recently emerging phenomena rather a long-standing debatable concern. The cases of poor mental health, compromised work-life balance and regular pressure of achieving highest targets are leading to diminished psychological well-being. The objective of present study was to understand the factors associated with psychological well-being and coping strategies of Indian Bank Employees. The elaborated interviews from 8 bank employees were collected based on a semi structured questionnaire. These transcriptions were coded, themes and sub-themes were analysed after through understanding. The frequency analysis was done using an online software. The result findings reveal a total of 5 themes and 10 sub-themes, which give a broader picture of factors contributing to psychological well-being and coping strategies of Indian Bank Employees. The findings are suggestive of an urgent need to work towards enhancing overall well-being and help them get equipped with healthy coping strategies.