Stress management is the framework for re-engineering. Recently has been the forgotten piece of workplace transformation, prevention of loss and management of people issues. People are the most important resource in the workplace and are therefore entitled to a safe and healthful place in which to work. Institutions‟ principal responsibility is the safety and health of their employees. Undoubtedly, employee stress is a growing concern for most organizations today worldwide. Therefore, the decision to meet the challenge of escalating costs is making employers in realizing the advantage of reducing their employees‟ demand for healthcare.
The market-oriented economy creates a plethora of opportunities both for public and private sector banks to operate in different economic activities. Private sector banks are eager to make a debut, with a higher rate of returns on investments in a short span. Obviously, with the limited infrastructure, they strive hard to achieve their goals within a specific time frame. In the process of achieving the goal of the organizations, set unrealistic targets for the employees, which they cannot accomplish for inter and intra reasons. Stress, a part of behavioral science is a silent killer and it becomes gangrene for the individual and the organization if it is left uncontrolled. The positive stress leads to productivity, anything over and above the level of optimal stress will become distressed which is considered to be a catastrophe
The banking sector employees facing stress in the implementation of new technologies, virtually across every sector of economies have contributed significantly to work stress and other health issues. The financial sector today is experiencing a more complex working environment than it was a few decades ago. The working environment is changing; adopting modern technology it affects the workforce in many ways. It poses a great challenge as well as a threat in terms of efficiency and health.