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Organisational commitment of financial planners in Australia

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conference contribution
posted on 2006-01-01, 00:00 authored by Bruce Clayton, Stan PetzallStan Petzall, J Margret, Barbara Lynch
The purpose of this paper is to determine whether the demographic variables of age, gender and length of service can be shown to be related to the organisational commitment (OC) of financial planners in Australia. The financial planners were surveyed using an instrument derived from established questionnaires. It was mailed nationally to 312 financial planners. A response rate of 36% was achieved, equating to 113 useable responses. The analyses revealed statistically significant results at the 90% confidence level (p=0.10), that respondents over the age of 35 demonstrated a significantly higher level of OC than did those under the age of 35, and at the same level of confidence, females demonstrated a statistically significant higher level of OC than did their male counterparts.

Such findings contribute to our understanding of the organisational commitment of Financial Planners, and have implications for employers in terms of hiring and retention of employees. The analyses are also important from a public policy perspective in an era of increasing attention given to, and likely increased regulation of, the financial planning industry.

History

Location

Melbourne, Vic.

Open access

  • Yes

Start date

2006-11-20

End date

2006-11-26

ISBN-13

9780646467597

ISBN-10

064646759X

Language

eng

Notes

Reproduced with the kind permission of the copyright owner.

Publication classification

E1 Full written paper - refereed

Copyright notice

2006, World Business Institute

Editor/Contributor(s)

M Hoque

Title of proceedings

Proceedings of Third International Business Research Conference

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