LBEF RESEARCH JOURNAL OF SCIENCE, TECHNOLOGY AND MANAGEMENT

Author(s):Rita Maiya Gora, Dr Prity Birla

Abstract:This study mainly focuses on 20 commercial banks mostly in Kathmandu, Nepal. It mainly examines the personality traits of employees in the banking industry who are encouraged to take risks. Applying SPSS software for statistical analysis and reliability testing, the study comprised 401 participants from different positions inside these banks. This study uses an online questionnaire survey (Google Docs) to investigate the unique personality traits of workers who are encouraged to take risks at their work. Using well-known Big Five models of personality traits, the research explores qualities; neuroticism, agreeableness, conscientiousness, extraversion, and openness to new experiences. In the Nepalese banking industry, personality features and risk taking tendencies are observed using applied statistical tests such as regression models and correlation examination. Sample of 421 responses were collected through Google docs and SPSS software was used to analyze the findings. The results offer perceptive information on the psychological traits that influence employee’s propensity for taking risks in this situation. The study’s recommendations for HRM procedures that support and encourage risk-taking in financial institutions are provided at the research’s conclusion. Through knowledge of the relationship between personality characteristics and risk tendency, banks may improve their employee’s management plans and cultivate an environment that endorses development.

Keywords:Five Personality Traits, Risk Taking Behavior, Banking industry, SPSS Software Analysis