The Impact of Leader’s Emotional Intelligence on Employee’s Well-Being in Ethiopian Banking Industry
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Date
2024-02
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Addis Ababa University
Abstract
This research examine the connection between leader’s emotional intelligence with employees well-being in the case of the Ethiopian banking industry, in addition to this objective it also specify which emotional intelligence component have stronger influence on employees well-being. Data was collected through a survey administered to 202 employees from fifteen banks in the Ethiopian banking industry. Purposive sampling was used to select participants who were deemed most suitable for the study. A quantitative research design was employed, and the data was analyzed using descriptive statistics, correlation analysis, and regression analysis.
Results showed a positive connection between leader’s emotional intelligence and employee well-being exists, suggesting leaders with higher emotional intelligence create greater well-being for subordinates working below them. All emotional intelligence components specifically self-awareness, social awareness, motivation & self-management positively correlated with well-being, and all emotional intelligence components significantly predicted it. These findings highlight the importance of developing leadership programs that enhance emotional intelligence within Ethiopian banks to promote employee well-being.
Keywords: Leader, Emotional intelligence, Employee well-being