Discuss about the Quantitative and Qualitative Job Insecurity.
The sample size that is required in order to represent a population is based on the population size of the subject which is of interest to a study. A sample of size larger than the required size will involve greater cost and will consume larger time for the data collection process. This will be inconvenient for the study purpose. Again a sample of size smaller than the required sample size will not be able to represent the total population properly (Hopkins, 2017). Thus, the results obtained will not be reliable.
In this study, the size of the population, that is the total number of employees in all the 63 Belgian Banks is 69,000. A sample of size 15,000 which is approximately 21 percent of the whole population is selected for the study. But this sample size is too large to study a population of size 69,000. The sample size that can represent this population is 384 (Chow et al., 2017). A sample of size 400 can be considered for the survey, but more than that will cause inconvenience to the study.
In the current scenario, there are 63 Belgian Banks and it was compulsory for all the banks to participate in the study. 21 percent of the total number of employees working in these 63 Belgian Banks have been selected as the sample. The sampling was done in such a way that roughly 21 percent employees were selected from each of the banks. 21 percent of the employees were selected from within each bank randomly from all the employees in that particular bank. No preference was given to any other factors such as gender of the employees, age of the employees or the level of the employees at the time of sampling. Thus, a sampling of this type is known as stratified random sampling (Robinson, 2014). Here, all the 63 banks were the 63 strata to which the population was divided and 21 percent of the employees were selected randomly from each stratum.
Stratified random sampling is a particular type of probabilistic random sampling (Hill & Brierley, 2017). There are certain advantages and disadvantages of this particular type of sampling. The respective advantages and disadvantages are discussed as below:
Cronbach’s alpha is a measure which gives an idea about how much reliable the question is to the study. The more the value of the Cronbach’s alpha is close to 1, the more reliable the data is (Bonett & Wright, 2015). In this study, for the measure of qualitative job insecurity, it can be seen that the Cronbach’s alpha value is 0.87 which is quite close to 1. Thus the data on qualitative job insecurity is quite reliable.
Similarly, for the quantitative job insecurity measure, it can be seen that the Cronbach’s alpha value is 0.89 which is quite close to 1. Thus the data on quantitative job insecurity is quite reliable.
For the measure of psychological distress, the Cronbach’s alpha value has been obtained to be 0.89, which indicates that the data on psychological distress is also quite reliable.
One of the most important characteristics of the population that has to be studied are the demographics of the population. Different characteristics such as age, gender, occupation, income, race, etc. are some examples of population demographics that are usually considered for a research. Thus, it can be said that when a research is conducted, it is important to evaluate the population of interest for the particular study, how the responses of the survey will be broken down to form meaningful groups. Both of these two evaluations are made based on the demographic profile of the respondents of the survey (Aelenei, Lewis Jr. & Oyserman, 2017). The importance of some demographic questions are discussed below:
Gender: One of the most common question which is used almost in most surveys is the sex or the gender of the participants. It is known that the gender of a person has a huge impact on their way of thinking. This affects the survey results. The left hemisphere of the brain of men is stronger than that of the right hemisphere and both the hemisphere can be equally balanced by women. For this reason, the common emotions are more common to women while the thinking method of men is much more task oriented, from the point of view of an objective management (Ingalhalikar et al, 2014).
Age: Another important question that can be seen in almost every survey is the age of the participants. Age makes a huge difference in surveys while it may not make any difference in other events in life (Omar & de Belder, 2016). For example, in a research study about films, a teenager will be more comfortable with information about recent films than a film released 10 or 20 years back. Similarly, a senior citizen will have more information about the films released in their teen ages rather than the films that has been released recently. Thus, age does make a huge difference in opinions.
Education: Education is another common question asked in surveys. The education level of the respondents also makes a huge difference in their opinions. The point of view of a person who is highly educated will always be different from the point of view of a person who is illiterate or very little education (Conde et al., 2016).
The research design that is used for this study is survey design. It is not always possible to study the whole population as it will be costly and time consuming as well. Thus, sampling is required. For the purpose of different studies, different types of information are required from the participants of the study. Collecting information from the participants of the study is known as survey (Patten, 2016). In this study, all the 21 percent participants from each bank were provided with a questionnaire which contained questions that the employees had to answer. Based on the answers given by the employees, analysis will be performed.
There are several merits for this survey research design. Along with the merits, there are several demerits to this method as well. Both the merits and the demerits of this type of research design are discussed below:
In this study, data from participants all around the world is not required. Data is only required from 63 Belgian Banks. Thus, the participants were provided with the questionnaires through the regular mail as all the participants were accessible to the researcher. The completed survey forms were collected by the researcher by visiting each of the banks.
References
Aelenei, C., Lewis Jr, N. A., & Oyserman, D. (2017). No pain no gain? Social demographic correlates and identity consequences of interpreting experienced difficulty as importance. Contemporary Educational Psychology, 48, 43-55.
Avery, T. E., & Burkhart, H. E. (2015). Forest measurements. Waveland Press.
Bonett, D. G., & Wright, T. A. (2015). Cronbach’s alpha reliability: Interval estimation, hypothesis testing, and sample size planning. Journal of Organizational Behavior, 36(1), 3-15.
Bryman, A. (2015). Social research methods. Oxford university press.
Bryman, A., & Bell, E. (2015). Business research methods. Oxford University Press, USA.
Chow, S. C., Shao, J., Wang, H., & Lokhnygina, Y. (2017). Sample size calculations in clinical research. Chapman and Hall/CRC.
Conde, D. A., Colchero, F., Silva, R., Syed, H., Jongejans, E., Jouvet, L., … & Steiner, U. (2016, October). Exploring Data Gaps at the Species Level: Starting with demographic knowledge. In TDWG 2016 ANNUAL CONFERENCE.
Denscombe, M. (2014). The good research guide: for small-scale social research projects management. McGraw-Hill Education (UK).
Heeringa, S. G., West, B. T., & Berglund, P. A. (2017). Applied survey data analysis. Chapman and Hall/CRC.
Hill, N., & Brierley, J. (2017). How to measure customer satisfaction. Routledge.
Hopkins, W. G. (2017). Estimating Sample Size for Magnitude-Based Inferences. Sportscience, 21.
Ingalhalikar, M., Smith, A., Parker, D., Satterthwaite, T. D., Elliott, M. A., Ruparel, K., … & Verma, R. (2014). Sex differences in the structural connectome of the human brain. Proceedings of the National Academy of Sciences, 111(2), 823-828.
Omar, S. A., & de Belder, A. (2016). Expert Opinion Percutaneous Coronary Intervention in Older People: Does Age Make a Difference?. Interventional Cardiology Review, 11(2), 93.
Patten, M. L. (2016). Questionnaire research: A practical guide. Routledge.
Robinson, O. C. (2014). Sampling in interview-based qualitative research: A theoretical and practical guide. Qualitative Research in Psychology, 11(1), 25-41.
Sekaran, U., & Bougie, R. (2016). Research methods for business: A skill building approach. John Wiley & Sons.
Shipman, M. D. (2014). The limitations of social research. Routledge.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download