Home / Current Issue / Paper 1711256
Impact of Remote Work On Employee Wellbeing in Deposit Money Banks in Nigeria: A Case Study of First Bank of Nigeria PLC.
Subject area: Management and Commerce · Area of research: Human Resource Management
Abstract
The rapid shift towards remote work has been intensified by the COVID-19 pandemic, and it has completely changed organisational practices with long-lasting implications for employee well-being. While several researchers across the world have studied the results of remote work, empirical studies on the developing economies, including the banking sector in Nigeria, where office culture and customer interaction prevail, are scarce. The aim of this study is to investigate the effects of remote work on the well-being of employees working in Deposit Money Banks (DMBs) in Nigeria, using First Bank of Nigeria Plc. as a case study. Theoretically, this study draws on the Job Demands?Resources (JD?R) model, which posits that work outcomes are shaped by the interaction between job demands (e.g., workload, role conflict, and digital overload) and job resources (e.g., autonomy, organizational support, and access to ICT tools). The descriptive survey design was used, and 120 employees of First Bank of Nigeria were surveyed using structured questionnaires, but secondary sources were also used to supplement it. To ensure departmental and job role representation, a stratified random sampling technique was employed, whereas descriptive statistics, Pearson correlation and regression analysis were employed to analyse the data. Findings indicates that remote working leads to improved work life balance, productivity and job satisfaction, while digital burnout, work-life imbalance and social isolation were identified as possible limitations. The results further revealed that technological and infrastructural constraints inhibit its sustainability in the long-term perspective. The study suggests that to ensure employee welfare and optimal organisational performance, management of Nigerian banks should consider incorporating a hybrid work system, strengthening operational support systems, providing technological architecture, and well-being initiatives. With this, Nigerian Banks can strike a balance between being flexible and caring about the well-being of their employees in a digitally evolving economy.
Keywords
Digital infrastructure, Employee wellbeing, Productivity, Remote work, Work-life balance.
References
[1] Adebayo, K., & Akinola, R. (2023). Remote work and employee job satisfaction in Deposit Money Banks in Nigeria. African Journal of Business and Management Research, 11(1), 88–103.
[2] Adeleke, T., & Salami, O. (2023). The role of Deposit Money Banks in Nigeria’s financial stability. Journal of African Financial Studies, 15(2), 55–70.
[3] Allen, T. D., Golden, T. D., & Shockley, K. M. (2015). How effective is telecommuting? Assessing the status of our scientific findings. Psychological Science in the Public Interest, 16(2), 40–68. https://doi.org/10.1177/1529100615593273
[4] Babatunde, F. (2024). The impact of remote work on employee mental health: a study of selected employees of United Bank for Africa in Kogi State, Nigeria (university thesis / report). (2024).
[5] Babarinde, A., & Ojo, S. (2022). Understanding the effect of occupational stress on employee performance at Covid-19 treatment centers. Academy of Strategic Management Journal, 21(4), 1–13.
[6] Bakker, A. B., & Demerouti, E. (2017). Job demands–resources theory: Taking stock and looking forward. Journal of Occupational Health Psychology, 22(3), 273–285. https://doi.org/10.1037/ocp0000056
[7] Bloom, N., Liang, J., Roberts, J., & Ying, Z. J. (2015). Does working from home work? Evidence from a Chinese experiment. Quarterly Journal of Economics, 130(1), 165–218. https://doi.org/10.1093/qje/qju032.
[8] Chovwen, C. O. (2024). The Work-from-Home Experience of Bank Employees During COVID-19 Pandemic in Nigeria: Insights into Workplace Factors. PYC Nepal Journal of Management, 17(1), 160–176. https://doi.org/10.3126/pycnjm.v17i1.76875.
[9] Chukwu, O., & Uche, C. (2022). Remote working and employee performance in Nigeria: Lessons from the pandemic. African Journal of Management Studies, 5(3), 45–59.
[10] Clark, S. C. (2000). Work/family border theory: A new theory of work/family balance. Human Relations, 53(6), 747–770. https://doi.org/10.1177/0018726700536001
[11] Danna, K., & Griffin, R. W. (1999). Health and wellbeing in the workplace: A review and synthesis. Journal of Management, 25(3), 357–384.
[12] Felstead, A., & Henseke, G. (2017). Assessing the growth of remote working and its consequences for effort, well-being and work-life balance. New Technology, Work and Employment, 32(3), 195–212.
[13] International Labour Organization. (2021). Teleworking arrangements during the COVID-19 crisis and beyond. Geneva: ILO.
[14] Kossek, E. E., & Lautsch, B. A. (2012). Work-family boundary management styles in organizations: A cross-level model. Organizational Psychology Review, 2(2), 152-171.
[15] Messenger, J. C. (2019). Telework in the 21st century: An evolutionary perspective. Geneva: International Labour Office.
[16] Molino, M., Ingusci, E., Signore, F., Manuti, A., Giancaspro, M. L., Russo, V., Zito, M., & Cortese, C. G. (2020). Wellbeing costs of technology use during remote working: An investigation using the JD–R model. International Journal of Environmental Research and Public Health, 17(23), 1–18. https://doi.org/10.3390/ijerph17238930
[17] Okeke, C., Nnadi, F., & Onuoha, J. (2023). Hybrid work adoption and employee productivity in Nigeria’s banking sector. Nigerian Journal of Human Resource Management, 7(2), 112–127.
[18] Okoro, E., & Odozi, F. (2021). Remote work adoption and employee productivity in Nigeria’s banking sector. Journal of African Business Research, 12(2), 101–118.
[19] Okoye, P., & Adebayo, T. S. (2022). Remote work adoption in Nigerian banking sector: Challenges and opportunities. Journal of African Business Studies, 13(2), 145–163.
[20] Onyishi, C. N., Victor-Aigbodion, V., Diale B. M., Sefotho, M. M. (2022). Depression, Anxiety, and Stress among Employees in Nigeria. Journal of Social Sciences and Humanities Research.
[21] Oyeyemi, T. (2022). Digital fatigue and employee wellbeing in Nigerian service firms. Journal of Contemporary African Studies, 40(4), 589–604.
[22] Tarafdar, M., Pullins, E. B., & Ragu-Nathan, T. S. (2015). Technostress: Negative effect on performance and possible mitigations. Information Systems Journal, 25(2), 103–132. https://doi.org/10.1111/isj.12042
[23] Taser, S., Aydin, E., & Tufekci, C. (2022). Technostress and burnout during remote working: The moderating role of digital self-efficacy. Technology in Society, 68, 101875. https://doi.org/10.1016/j.techsoc.2022.101875
How to cite this paper
@article{1711256,
author = {Charles Edebiri, Assoc. Prof. Imuetinyan, J. Ugiagbe},
title = {Impact of Remote Work On Employee Wellbeing in Deposit Money Banks in Nigeria: A Case Study of First Bank of Nigeria PLC.},
journal = {Iconic Research And Engineering Journals},
year = {2025},
volume = {9},
number = {4},
pages = {601-609},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1711256.pdf},
abstract = {The rapid shift towards remote work has been intensified by the COVID-19 pandemic, and it has completely changed organisational practices with long-lasting implications for employee well-being. While several researchers across the world have studied the results of remote work, empirical studies on the developing economies, including the banking sector in Nigeria, where office culture and customer interaction prevail, are scarce. The aim of this study is to investigate the effects of remote work on the well-being of employees working in Deposit Money Banks (DMBs) in Nigeria, using First Bank of Nigeria Plc. as a case study. Theoretically, this study draws on the Job Demands?Resources (JD?R) model, which posits that work outcomes are shaped by the interaction between job demands (e.g., workload, role conflict, and digital overload) and job resources (e.g., autonomy, organizational support, and access to ICT tools). The descriptive survey design was used, and 120 employees of First Bank of Nigeria were surveyed using structured questionnaires, but secondary sources were also used to supplement it. To ensure departmental and job role representation, a stratified random sampling technique was employed, whereas descriptive statistics, Pearson correlation and regression analysis were employed to analyse the data. Findings indicates that remote working leads to improved work life balance, productivity and job satisfaction, while digital burnout, work-life imbalance and social isolation were identified as possible limitations. The results further revealed that technological and infrastructural constraints inhibit its sustainability in the long-term perspective. The study suggests that to ensure employee welfare and optimal organisational performance, management of Nigerian banks should consider incorporating a hybrid work system, strengthening operational support systems, providing technological architecture, and well-being initiatives. With this, Nigerian Banks can strike a balance between being flexible and caring about the well-being of their employees in a digitally evolving economy.},
keywords = {Digital infrastructure, Employee wellbeing, Productivity, Remote work, Work-life balance.},
month = {October},
}