Financial Prudence as Determinant of Employees’ Interest in Graduate Study

Abstract

The study aimed to looked into the influence of financial prudence of employees towards employees’ interest towards graduate study. In this study, the researcher selected the 100 government employees in Local Government Unit (LGU) in Koronadal City as the respondents of the study. Stratified random sampling technique was utilized in the selection of the respondents. Non-experimental quantitative research design using descriptive-correlational method was employed. The data collected were subjected to the following statistical tools: Mean, Pearson Moment Product Correlation and Regression Analysis. Findings revealed that financial prudence and employees’ interest in graduate study were rated as extensive. Further, correlation analysis demonstrated that there is a significant relationship between financial prudence and employees’ interest towards graduate study in Koronadal City. Evidently, regression analysis proved that financial prudence in terms of financial resources and financial goals identification significantly influenced the employees’ interest towards graduate study in Koronadal City. Local Government Unit (LGU) should introduce initiatives that promote financial literacy and prudence among employees, including workshops, seminars, and educational resources tailored to the specific financial needs and challenges associated with pursuing graduate study.