Research On The Interaction Between Work Stress And Emolument Satisfaction On Job Happiness Of DY Trust Financial Managers

So far,with the recent global economy becoming quite uncertain,people have much more rapid increasing requirements for wealth preservation and growth.Trust,as is one of 4 Financial Pillar Industries,is now shrinking marketing scales and changing into detailed operation instead of expanding scales and homogenization.It has also suffered lots of transformation stress and faced unprecedented challenges under the outbreak of COVID-19 and effects of new rules on asset management in Property Area.Transformation and development are the top hot key words in Trust industry,which are the imperative mission to face and resolve.Nowadays,both wealth management and trust transformation are facing the same difficulties,therefore,they must help and assign to each other and it is the win-win that will come finally!DY Trust is the one integrated financial service institution with long history,full strength,excellent brand and advanced leadership.However,the domestic and overseas markets are still in the doldrums and general anxiety and panic are rampant.Besides,under the uncertain economic situation and severe competitive environment in the industry,DY Trust practitioners still face a lot of work pressure in the process of work.The author of this paper is employed in Wealth Management Headquarters of DY Trust as an operation manager.The major jobs are the link between financial managers of foreground business departments and background operation departments to support information transmission.So the author is familiar with financial managers’ situation.This paper intends to select DY Trust financial managers as the research object.The financial manager is chosen as the research object of this paper mainly because financial manager is the major new force of DY Trust marketing and sales.As the foreground core employees of DY Trust,they are usually in charge of expanding business,customer maintenance,channel building and brand publicity for the company,in particular,they have a large number of core resources of the company.However,in recent years,due to the influence of regulatory guidance,economic development and other factors,the supply of non-standard products at the asset end continues to decline,and the transformation pressure of the trust industry,the development and growth of financial managers are not smooth and stable.On one hand,financial managers are facing more external pressure,such as,strict Policy supervision,unstable marketing,less and single structure of Product supplies,low industry competition,changes on awareness of Investors.Even all these work stress will limit the whole development of financial managers,which may do harm to financial managers’ self-acceptance mentally and job happiness consequently.On the other hand,financial managers also face more internal pressure,for example,products,capacity,IT system,service,evaluation mode and welfare.If the factors above are properly designed and covered,the financial managers can work well to get better job happiness.Otherwise,under such great work pressure,financial managers face the pressure of high entry rate and high elimination rate,so it is difficult to achieve the performance target,which makes the financial managers can only get low performance.The basic salary is the guarantee factor,which can guarantee the basic needs of financial managers in work and life,while Performance commission is a motivating factor,which can make financial managers feel content,improve emolument satisfaction,and then improve work enthusiasm,so as to achieve work performance goals.The level of salary satisfaction of financial managers will affect their work attitude,work behavior,and then work performance,and the final work performance can also reflect the degree of salary satisfaction.Appropriate salary can bring basic satisfaction to financial managers and represent the identity and status of financial managers to a certain extent.Moreover,the success in work is also one of the most sufficient ways for employees to realize their self-need and self-respect.Therefore,financial managers’ satisfaction with their salary,namely as their feelings about their salary and income,will also have an important impact on their subsequent job happiness.Through research,it is found that financial managers’ job stress and work happiness fluctuate from day to day.The salary is relatively stable,usually adjusted by half year or year,so the emolument satisfaction is also relatively stable.The increase of salary satisfaction can effectively alleviate the negative impact of daily work pressure and improve daily work happiness.Because of low numbers of DY trust financial managers,taking them all members as the research objects,this paper has learned about the status quo of work stress and emolument satisfaction through interviews,and investigated the impact of interaction between work stress and emolument satisfaction on daily work happiness through questionnaires,and concluded the status quo of work happiness of DY trust financial managers by means of Cross-layer analysis.Data analysis of questionnaires,deal with the SW named stata,indicates that,implement and promotion of optimizations on internal and external work stress and emolument satisfaction can highly enhance job happiness of financial managers.Therefore,they can promote work motivation and help DY Trust with developing further wealth management business,so as to strengthen competitiveness and become a more powerful corporation.