FAFURE, Bamidele Adeyinka
Department of Management Studies
Nigerian Defence Academy Kaduna
royalty.alade@gmail.com
ABUBAKAR, Mustapha
Department of Business Administration ABU Business School
Ahmadu Bello University Zaria
mustapha_az@yahoo.com
ABDULLAH, Skeikh
Department of Business Administration ABU Business School
Ahmadu Bello University Zaria
profsheikh@yahoo.com
ABSTRACT
This study investigated effects of provision of welfare facilities on financial stress of employees. It
examines how provision of transportation facilities, provision of medical facilities and provision of
housing facilities affect employees’ financial stress. The study employed a survey method and used
structured questionnaire to collect data. A total of 306 participants were sampled using purposive
sampling technique. The sample consist 153 full time civilian staff and 153 military personnel of the
Nigerian Defence Academy Kaduna. Responses were collated, screened and sorted. Data analysis was
conducted using Multiple Linear Regression technique at 0.05 level of significance, and was done with
the aid of the Statistical Package for Social Sciences (SPSS) version 26.0. The results revealed that
provision of transportation facilities, medical facilities and housing facilities have significant effect on
employees’ financial stress. Moreover, the coefficients of provision of transportation facilities, medical
facilities and housing facilities are -1.459, -1.266 and -0.656. This suggests that the effect is negative
such that, increase in provision of transportation, medical and housing facilities will result in decrease
in employees’ financial stress. Hence, the study recommends that employees’ welfare facilities like
transportation, medical and housing facilities should be given sustainable attention in order to check
financial stress of employees, and promote their wellbeing for better productivity.
Keywords: Financial stress, housing facilities, medical facilities, transportation facilities