According to a recent study, one of the ten most stressful occupations in the USA is that of a financial services salesperson. Severe job stress has been linked to decreased satisfaction, commitment and productivity, and increased absenteeism, burnout and turnover. Aims to test a model of job stress in the financial services profession, focussing on two central sources of stress: individual characteristics and organizational factors. Based on a sample of 288 stockbrokers in nine mid‐south metropolitan areas, finds that the major determinant of job stress is role overload. Recommends that managers impart better time management skills to salespeople, and hire highly competent sales assistants to handle much of the routine work. In order to reduce role conflict and role ambiguity, suggests that sales managers grant salespeople a high degree of autonomy and provide a high level of constructive feedback.
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1 June 1996
Research Article|
June 01 1996
A model of financial securities salespersons’ job stress
Daniel Cameron Montgomery;
Daniel Cameron Montgomery
Assistant Professor at Delta State University, Cleveland, Mississippi, USA.
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Jeffrey G. Blodgett;
Jeffrey G. Blodgett
Management of Marketing Department, School of Business Administration, The University of Mississippi, Mississippi, USA
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James H. Barnes
James H. Barnes
Management of Marketing Department, School of Business Administration, The University of Mississippi, Mississippi, USA
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Publisher: Emerald Publishing
Online ISSN: 2054-1651
Print ISSN: 0887-6045
© MCB UP Limited
1996
Journal of Services Marketing (1996) 10 (3): 21–38.
Citation
Cameron Montgomery D, Blodgett JG, Barnes JH (1996), "A model of financial securities salespersons’ job stress". Journal of Services Marketing, Vol. 10 No. 3 pp. 21–38, doi: https://doi.org/10.1108/08876049610119776
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