NAŠE GOSPODARSTVO / 
OUR ECONOMY

Effect of Self-esteem on Perceived Job Insecurity: The Moderating Role of Self-efficacy and Gender

Adewale A. Adekiya

Abstract


The high rate of job loss in most crude oil dependent countries, which may be
attributed to the recent drop in the price of this commodity in international
markets, has intensified the perception of threats associated with potential
job loss among the employees who are still employed. Hence, perceived job
insecurity, its associated outcome, coupled with how it can be mitigated has
become a global phenomenon, which requires the attention of managers and
practitioners alike. In this work, we built upon Hobfall’s conservation of resource
theory (CRT) to present a research model that links employee’s self-efficacy and
gender to the strength or weakness of the relationship between self-esteem and
self-perceived job insecurity. Research data were collected from 153 randomly
selected Nigerian Bank employees out of 217 drawn from a total population
of 509. Based on the results from relevant statistical analysis, it is discovered
that, while increase in self-esteem would lead to a significant decrease in job
insecurity perception, such significant decrease is, however, not associated with
self-efficacy and gender meaning that these variables are not moderators in the
self-esteem/perceived job insecurity relationship. In line with these outcomes,
we conclude by recommending that managers should focus on developing
intervention strategies aimed at improving employee self-esteem with a view of
reducing perceived job insecurity. In addition, important areas in need of future
research were also identified.


Keywords


self-esteem, perceived job insecurity, self-efficacy, gender, moderator

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