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Inappropriate financial performance evaluation: based on statistical analysis of employee anxiety disorders

Published online by Cambridge University Press:  27 October 2023

Hang Zhang*
Affiliation:
Ningbo University of Finance & Economics, Ningbo 315175, China
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Abstract

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Background

In modern enterprise management, financial performance evaluation is one of the main evaluation tools for employees and teams. However, when these evaluation methods are inappropriate or too strict, they may have a negative impact on employees. In addition, improper management and unclear systems in enterprises may lead to negative emotions among employees, especially anxiety disorders. Based on this, this study explores how inappropriate financial performance evaluation can affect employees’ mental health, with the expectation of obtaining reasonable results.

Subjects and Methods

Five large companies were selected for the experiment, and 500 employees were randomly selected for anonymous surveys. The questionnaire includes experiences in financial performance evaluation, personal opinions on the evaluation, and scores on the Self-Rating Anxiety Scale (SAS). Use Excel and SPSS24.0 to statistically process the data.

Results

The survey results showed that 60% of employees who experienced inappropriate financial performance evaluations reported significant anxiety symptoms during and after the evaluation period. In contrast, only 20% of employees who believe that performance evaluation is appropriate reported experiencing similar anxiety experiences. In addition, for employees who believe that the evaluation is unfair or too strict, the severity of their anxiety symptoms is significantly higher than that of other populations.

Conclusions

Improper financial performance evaluation may increase employees’ mental health risks, especially the risk of anxiety disorders. It is recommended that enterprises ensure fairness, transparency, and rationality when conducting performance evaluations to maintain the psychological health of employees.

Type
Abstracts
Copyright
© The Author(s), 2023. Published by Cambridge University Press