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BUDGET MANAGEMENT ON JOB SATISFACTION OF THE TALIBON


POLYTECHNIC COLLEGE PERSONNEL

______________

A Thesis Proposal
Presented to the Faculty of the
Bachelor of Science in Accounting
Information System
TALIBON POLYTECHNIC COLLEGE
San Isidro, Talibon, Bohol

______________

In Partial Fulfillment
of the Requirements for the Degree
in Bachelor of Science in Accounting
Information System

__________________

Raymond B. Abapo
Rodel C. Aneslagon
Jiessele A. Auza

October 2022
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APPROVAL SHEET

This thesis entitled, “BUDGET MANAGEMENT ON JOB SATISFACTION


OF THE TALIBON POLYTECHNIC COLLEGE PERSONNEL” prepared and
submitted by, Raymond B. Abapo, Rodel C. Aneslagon, Jiessele A. Auza in partial
fulfillment of the requirements for the Degree of Bachelor of Science in Accounting
and Information System (BSAIS) has been examined and recommended for
acceptance and approval for oral defense.

THESIS COMMITTEE
__________________________
Research Director
Chairman

RIELITO F. VALMORIA, C.P.A. NEL NOLAN CAJES, Ph. D.


Adviser/Statistician English Critic

MARIA FE P. COMAHIG, Ph.D. MARCELINA A. SALES, Ph.D.


Member Member

Approved by the Examining Panel during the Oral Examination conducted


on ________________ with a rating of ____.

EXAMINING PANEL
________________________________
Research Director
Chairman

MARIA FE P. COMAHIG, Ph.D. MARCELINA A. SALES, Ph.D.


Member Member

Accepted and approved in partial fulfillment of the requirements for the


degree of Bachelor of Arts in English Language.

________ 2022 MARIA FE P. COMAHIG, Ph.D.


Date of Oral Defense College President
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TABLE OF CONTENTS

TITLE PAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i

APPROVAL SHEET . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ii

TABLE OF CONTENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iii

LIST OF FIGURES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv

Chapter Page

I. THE PROBLEM AND ITS SCOPE

INTRODUCTION

Rationale. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Literature Background. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

THE PROBLEM

Statement of the Problem. . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Statement of Hypotheses . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Significance of the Study. . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Scope and Limitation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

RESEARCH METHODOLOGY

Design. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Environment and Respondents. . . . . . . . . . . . . . . . . . . . . . . . 13


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Instrument. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Data Gathering Procedure. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Statistical Treatment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

DEFINITION OF TERMS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18

REFERENCE LIST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

APPENDICES

A. Correspondence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

B. Research Instrument. . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

LIST OF FIGURES

Figure

1. Theoretical Framework. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
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Chapter 1

THE PROBLEM AND ITS SCOPE

INTRODUCTION

Rationale

Budget management is the process of comparing a budget's expected

expenditures and income for a certain time period with the actual financial

outcomes and making the required adjustments. According to the Indeed Editorial

Team (2021), being able to manage a budget is a useful skill for professionals in

almost any industry, especially for people who are in a supervisory role or have

inventory control or purchasing duties. Creating and monitoring a budget allows

you to facilitate the growth of a business and to promote its financial stability by

accurately managing monetary resources. Moreover, by budgeting, you know

exactly where your money is going each month. If you do not budget, you will find

yourself short on money and not properly saving either. Creating a budget and

sticking to it ensures you to not overspend, and it prevents you from living

paycheck to paycheck. Hence, budgeting helps you pay off debt, save money, and

helps you grow your money by investing. It can also help you learn how to live

below your means and stop spending your hard-earned cash on things you do not

need.

On the contrary, the researchers have observed that even though majority

knew the relevance of budget management, many tend to end up with a greater
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credit and no savings. This bad spending habits will lead to a poor performance

and eventually less satisfaction especially to those who are employed.

On the other hand, job satisfaction is defined as the level of contentment

employees feel with their job. This goes beyond their daily duties to cover

satisfaction with team members/managers, satisfaction with organizational

policies, and the impact of their job on employees’ personal lives (BasuMallick,

2021). Due the popularity of job satisfaction within the field of occupational and

organizational psychology (Spector, 1997) cited in Job satisfaction: theories and

definitions (2018); various researchers and practitioners have provided their own

definitions of what job satisfaction is. For instance, according to Hoppock (1935),

“Job satisfaction is any combination of psychological, physiological and

environmental circumstances that cause a person truthfully say “I am satisfied with

my job”. Such a description indicates the variety of variables that influence job

satisfaction. Blum (1968) conceptualized job satisfaction as “an attitude which

results from a balancing and summation of many specific likes and dislikes

experienced in connection with the job”. Vrom (1964) observes that job satisfaction

is, “the positive orientation of an individual towards all aspect of the work situation”,

as cited in the article of Dr. A. Thangaswamy, and D.Thiyagaraj. (2017).

Since the researchers want the personnel of Talibon Polytechnic College to

be the respondents of this study, we the researchers want to know if they are

efficiently practicing budget management. Further, this study will lead into an in-

depth investigation of personnel’s job satisfaction.


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The researchers wish to study the underlying connection between budget

management and job satisfaction and know if there is a linear correlation between

the two variables, which is the budget management and the job satisfaction. Also,

this study will only focus on the budget management practice of the TPC personnel

and as well as their level of satisfaction in doing their job.

Literature Background

Budgeting is the process of making a plan on how you will spend your

money wisely (Hugo Guerreiro, 2022). Guerreiro further asserted that it is

important to know how to budget your finances for this will allow you to determine

in advance if you have enough money to do everything you want in a specific

amount of time. Budgeting is important because it allows you to create a spending

plan, to control your money better, and to ensure if you have money for things

you need and want. A budgeting system helps you achieve your financial goals,

save money, get out of debt, prepare for emergencies, relieve financial stress, and

keep you organized. It prevents you from overspending, feeling financially

overwhelmed, and improving your overall life quality.

Budgeting allows you to monitor your progress on financial goals and stick

to your financial plan. Eventually, it creates opportunities to eliminate debt and to

build wealth. It is a powerful tool because allowing you to determine how and where

you want to spend your money. When you master budgeting, you make sure that
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every peso is being used how you want it, and can track your spending to

determine whether it matches your priorities. (Caldwell, 2022).

Caldwell further claimed that once you have your finances under control and

you understand your financial situation it will lead to a more satisfying performance

outcome.

This study is anchored in the Social Learning Theory (1977) by Albert

Bandura, as cited by Sutton (2021). Social Learning Theory suggests that one

interprets their experience in the cognitive process to behave. The financial

experience in the cognitive process of financial literacy will affect the financial

management behavior. The experience that a person has about the financial

aspects will bring about certain behaviors of money. A positive or negative financial

experience allows one to know what to do and what to avoid in managing finances.

More financial experience means having higher level of financial literacy resulting

to a good financial management behavior.

This theory is relevant to the study because this further supports the claims

which asserts that when personnel knew budget management the more likely he

or she is to experience job satisfaction.

Another theory that further supports the conduct of this study is the

Hierarchy of Financial Needs Theory is presented by Neufeld (2020). This theory

organizes human needs across five levels, where needs in the lower end must be

satisfied before progressing onto the next level. At one end are sleep and shelter,

while at the other end esteem and self-actualization.


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In the hierarchy of financial needs there are five levels. First is the cash flow

and basic needs which cover food, housing, and daily expenses. Ensuring the

fundamentals, including our physiological needs are covered financially. In this

level it is vital to fulfill the basic needs of human in order to survive. For humans to

survive financial matters are significant. The more a person fulfill his or her

physiological needs the more he or she is satisfied with his/her job.

Second financial safety covers insurance and an emergency fund to help

prepare for unforeseen events and risks. As a safety cushion, an emergency fund

should cover three months of living expenses in case of an accident, an

unexpected health or family issues, or losing job. Ensuring financial safety covers

is one way of handling finances properly. When a person is prepared for future

circumstances the more likely he is to be satisfied in his job.

Third is accumulating wealth that includes growing investments, paying

down debt, and saving for retirement. At this level, the focus shifts to growing

assets for long-term success and longevity. Investments such as purchase of asset

is one way of protecting our resources and at the same time maximizing its

potential. A person investing in any assets only means that he or she is financially

wise which further asserts that he or she have no financial worries.

Fourth level refers to financial freedom that covers long-term care and

children’s education along with retirement savings and vacation. These financial

needs also cover self-respect and personal accomplishment. If a person is

financially free, he or she tends to be more satisfied with his or her job.
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Budget Management:

• Social Learning Theory LEGAL BASES:


(1977)
• International Monetary
• The Hierarchy of Fund Section 3
Financial Needs Theory • Budget Reform Act of
(2020) 1974
• Frederick Herzberg Two
Factor Theory (1959)

Talibon Polytechnic College Staffs


and Personnel

Budget Management Job Satisfaction

\
Seminar Training on Proper Budget Management

Figure 1:

Theoretical Framework
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Fifth is legacy including estate planning, tax planning and business

succession planning related with self-actualization in Maslow’s pyramid. This level

asserts that self-actualization can further be achieved when a person has estate,

tax, and business plans. This can actually be directly linked to job satisfaction.

Moreover, Herzberg Two Factor Theory presented by Herzberg et. al.,

(1959), as cited by Nickerson, 2021 also supports the foundation of this study.

According to Herzberg there are two factors that mainly affect job satisfaction

among employees and these are the ‘motivators and the ‘hygiene’. According to

this theory, it is the motivating factors which generate job satisfaction. If these

motivators are met, job satisfaction follows.

First motivator is salary and benefits which refers to an employee’s basic

need which is insurance. If this motivator is met and experience by an employee,

the more he is inclined in his job, and the more he will be satisfied with his job.

The second motivator is job security. This refers to the amount of control

the employer has over keeping the position filled. The other motivator is work

environment, this is the amount of stress and travel required, as the office

environment (temperature, cleanliness, basic hygiene).

This study is also anchored on the following legal bases to strengthen its

conduct.

Section 3 of the International Monetary Fund, Guidelines for Public

Expenditure Management, declares that full understanding of the budget planning

and preparation system is essential, not just to derive expenditure projections but
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to be able to advise policymakers on the feasibility and desirability of specific

budget proposals, from a macroeconomic or microeconomic perspective. It is

much easier to control government expenditures at the "upstream" point of budget

preparation than later during the execution of the budget.

Additionally, budget planning and preparation are (or should be) at the heart

of good public expenditure management. To be fully effective, public expenditure

management systems require four forms of fiscal and financial discipline, first,

control of aggregate expenditure to ensure affordability; that is, consistency with

the macroeconomic constraints. Second is the effective means for achieving a

resource allocation that reflects expenditure policy priorities. Third is the efficient

delivery of public services (productive efficiency) and last is the minimization of the

financial costs of budgetary management (i.e., efficient budget execution and cash

and debt management practices).

Section 3 of the International Monetary Fund is related to the study because

this provides proper guidelines on how to prepare a budget. This also asserts that

budget preparation is essential not just on the feasibility and desirability of the

specific goal but also to the job satisfaction of all the parties involved.

Another legal basis that supports this study is the provision of the Budget

Reform Act of 1974. This act aims to strengthen the institutions, mechanisms and

processes involved in budget preparation, authorization, execution and

accountability. This will optimize the contributions of the budget to development. It

will strengthen the accountability to the people with Public Financial Management

(PFM) systems that not only promotes budget transparency but also ensure the
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efficient and effective delivery of services. So, this is needed to improve

effectiveness and transparency in budget preparation, to ensure efficient budget

execution to address the persisting problem of underspending of limited funds, and

to promote fiscal transparency and performance-based accountability of staffs or

employees.

MBA Skool Team 2022 defined job satisfaction as the extent to which an

employee feels self-motivated, content & satisfied with his/her job. Job satisfaction

happens when an employee feels that he/she is having job stability, career growth

and a comfortable work life balance. This implies that the employee is having

satisfaction at job as the work meets the expectations of the individual.

A satisfied employee is always important for an organization as he/she aims

to deliver the best of their capability. Every employee wants a strong career growth

and work life balance at workplace. If an employee feels happy with their company

& work, they look to give back to the company with all their efforts.

Budget management is highly related to the level of job satisfaction of the

employees. Since job satisfaction is associated to the psychology of an employee.

A happy & content employee at a job is always motivated to contribute more. On

the other hand, a dissatisfied employee is lethargic, makes mistakes & becomes

a burden to the company. Katie Jensen (2018) writes further that budgeting sets

direction by creating goals and objectives. This will encourage every employee to

contribute their input and meet the designed tasks and responsibilities their

company has designed for them.


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Lastly, Vebyana et al 2004, cited by Sim, S., & Utami, W. (2018) found that

budgeting has a positive effect on job satisfaction and on employee performance.

Vebyana indicated that the higher the employee engage on budgeting, the higher

is the rate of job satisfaction.

The theories, studies, and literature presented are vital to the conduct of

this research. These further provides the researcher with a framework for

understanding the underlying problems of this study. Further, these also provide

guide to the researcher in conducting their research.

THE PROBLEM

Statement of the problem

The main purpose of the study is to investigate how the personal budget

management affects the job satisfaction of the Talibon Polytechnic College (TPC)

personnel.

Furthermore, it seeks to answer the following questions:

1. What is the profile of the TPC personnel in terms of?

1.1 sex;

1.2 marital status;

1.3 highest educational attainment;

1.4 position of the personnel;

1.5 average monthly salary;


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2. What is the level of importance of budget management practices observed

by the TPC personnel?

3. What is the level of job satisfaction in relation to personal budgeting

observed by the TPC personnel?

4. Is there a significant degree of relationship between personal budgeting

management and job satisfaction among the TPC personnel?

5. What possible action plan can be proposed based upon the findings and

conclusions of the study?

Statement of Hypothesis

The current study hypothesized that:

1. There is no significant relationship between the budget management and job

satisfaction of the Talibon Polytechnic College personnel.

Significance of the Study

The researchers believe that every organizational management will benefit

greatly from the findings of this study. The researchers are hopeful that the

following will be utilized and be offered assistance in the most effective manner as

a result of the findings of the current study. Findings of this study will be of great

value and advantage to the following concerned parties:

TPC Employees. The study’s findings and recommendations will help

employees of the Talibon Polytechnic College (TPC) to improve their budget

management skills and at the same time attain job satisfaction.


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Future Researchers. This will serve as a basis for the conduct of new

research related to the problems encountered by the TPC faculty and staffs in

terms of personal budget management.

TPC Administration. The findings of the study will help the administration

of TPC to further impose right measures with the problems arising from the

financial literacy of its employees.

Scope and Limitation

The study is centered on the perception of the level of job satisfaction in

relation to personal budgeting observed by the TPC personnel. This study is only

limited to the Talibon Polytechnic College faculty and staffs.

Respondents’ various attitudes resulting to bias and untrue responses to

the questionnaire, which could affect the reliability, and a delay in collecting

questionnaires are expected by the researchers in the conduct of the actual

survey. This limitation will be overcomed by obtaining official approval from the

relevant authorities to perform the study. Moreover, the researchers stated the

importance of the outcome of the study to the respondents drawing their utmost

attention to the questionnaire.


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RESEARCH METHODOLOGY

This part deals with the method of research used in the conduct of the study

which includes the following: research design used, research environment of the

study, respondents of the study, research instrument, and research procedure.

Design

This is a quantitative study. The researchers will employ descriptive

research method by means of questionnaires in the collection of data. Descriptive

research is a reliable quantitative research method in helping the researchers to

determine the level of job satisfaction in relation to personal budgeting observed

by the TPC personnel.

Environment and Respondents

This study will be conducted specifically at Talibon Polytechnic College

(TPC), located in San Isidro, Talibon, Bohol.

The respondents of the study are the Talibon Polytechnic College (TPC)

Personnel consist of fifty-six (56) administration and faculty members including the

instructors and parttime instructors, deans, program heads, school nurse,

guidance, librarian, and the TPC president and eight (8) general services

personnel. It also includes the utility, finance and registrar aide.

The researcher will be using the stratified random sampling as the sampling

method. According to Adam Hayes, 2022 stratified random sampling is a method


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of sampling that involves the division of a population into smaller subgroups known

as strata. In stratified random sampling, or stratification, the strata are formed

based on members’ shared attributes or characteristics, such as income or

educational attainment.

Instruments

The researchers will utilize the importance of the questionnaire in the

collection of data. The research instrument consists four areas of concerns that

were made as the subject of inquiry. These are the profile of the respondents,

level of importance of budget management practices observed by the TPC

personnel, the level of job satisfaction in relation to personal budgeting observed

by the TPC personnel and the significant degree of relationship between personal

budgeting management and job satisfaction among the TPC personnel.

The Likert scale was used to sum up all the values of each selected options

and create a score for each respondent and this score is used to represent the

interpretation. The first one is Never Observed (1), Rarely Observed (2),

Sometimes Observed (3), Very Often Observed (4), Always Observed (5).

Data Gathering Procedure

The researchers will prepare a letter of request validated by the thesis

adviser and will be sent to the College Principal of the Talibon Polytechnic College

(TPC) asking permission to conduct the study inside the school campus.

As soon as the letter of approval will be signed by relevant authorities, the

researchers then proceed with the distribution of questionnaire.


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After gathering the relevant data, these will be examined and be analyzed.

Making recommendations based on the conclusions drawn from interpreting the

data.

Statistical Treatment

To know how many of the participants gave a particular answer. Percentage

is calculated by taking the frequency in the category divided by the total number of

participants and multiplying by 100%. The formula used to calculate percentage

is:

To determine the level of importance of budget management and the level

of job satisfaction in relation to personal budgeting the response data were

subjected to the weighted mean. The weighted mean is calculated by dividing the

summation of the product of the frequency of respondents in a certain group (f)

and the scale (x) by the product of the frequency of the group (f) and the number

of questions (n).

Formula of Weighted Mean:

∑𝒇𝒙
𝒘𝒙 =
𝐟𝐧
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Where:

wx = the value

f = frequency of respondents in a group

x = level of budget management

n = number of questions

Below is the scaling use to determine the level of importance of budget

management practices observed by the TPC personnel and the level of job

satisfaction in relation to personal budgeting.

Scale Range Description

5 4.21- 5.00 Always Observed

4 3.41- 4.20 Very Often Observed

3 2.61-3.40 Sometimes Observed

2 1.81- 2.60 Rarely Observed

1 1.00-1.80 Never Observed

To measure if there is a significant degree of relationship between personal

budgeting management and job satisfaction among the TPC personnel. We will be

going to use the Pearson Correlation Coefficient (r).

Formula:
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Where:

= correlation coefficient

= values of the x-variable in a sample

= mean of the values of the x-variable

= values of the y-variable in a sample

= mean of the values of the y-variable


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DEFINITION OF TERMS

Though the terms defined in this section already appeared in the body of

this chapter, the definition of the following terms, are important, taking into

consideration that these words provide an important part in this phase for the

readers’ ease of reference towards comprehending this research. These important

terms are the following:

Budget management.

The process by which the TPC faculty and staff oversee and track their

income and expenses.

Job Satisfaction.

Defined as the level of contentment employees feel with their job. This goes

beyond their daily duties to cover satisfaction with team members/managers,

satisfaction with organizational policies, and the impact of their job on employees’

personal lives.

Budget Participation.

Budget participation implies that top managers and their subordinates

jointly contribute in the determination process for resources use and generation in

their own activities and operations. In other words, budget participation has an

influence on managerial performance.


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Budget Preparation.

A process with designated organizations and individuals having defined

responsibilities that must be carried out within a given timetable. This process is

normally established and controlled by a legal and regulatory framework.

Financial Motivator.

Financial motivation involves motivating employees with money and things

associated with money. The main methods of financial motivation used in business

are wages, salaries, performance related pay, profit sharing, and financial fringe

benefits.

Financial Hygiene.

A broad term that refers to your overall financial viability and security. This

can include everything from maintaining a good credit score to organizing and

updating all financial asset information regularly.

Expenditure.

An expenditure represents a payment with either cash or credit to purchase

goods or services. It is recorded at a single point in time (the time of purchase),

compared to an expense that is recorded in a period where it has been used up or

expired.
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Public Financial Management.

It is Reform Program aims to improve efficiency, accountability and

transparency in public fund use in order to ensure the direct, immediate,

substantial and economical delivery of public services especially to the poor.

Accountability.

An assurance that an individual or an organization will be evaluated on their

performance or behavior related to something for which they are responsible.


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REFERENCE LIST

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2385679

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questionnaire-examples-templates-in-pdf-doc.html

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https://www.imf.org/external/pubs/ft/expend/guide3.htm
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Guerreiro, H. (2022, October 12). Why Is Budgeting Important? The 12

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budgeting-important/

Kasdin, S. (2017). An evaluation framework for budget reforms: A guide for

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job-
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ortable%20work%20life%20balance.

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SATISFACTION- A STUDY".

Vebyana, Siegers, Hubungan Partisipasi Anggaran Dengan Informasi Job

Relevan, Serta Pengaruhnya Terhadap Kepuasan Kerja Dan Kinerja Manajerial

Di Lingkungan Pemerintah Daerah (PEMDA) Yogyakarta, Tesis, Program

Pasca Sarjana Universitas Gadjah Mada, Yogyakarta, 2004.


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APPENDICES

APPENDIX A. 1
Republic of the Philippines
Province of Bohol
Municipality of Talibon
TALIBON POLYTECHNIC COLLEGE
San Isidro, Talibon, Bohol

Dear Respondents:

Greetings!

We are the Bachelor of Science in Accounting Information System, fourth-year


students of Talibon Polytechnic College (TPC) who are enrolled in Accounting
Information System Research. Presently, we are conducting a study entitled
“Budget Management on Job Satisfaction of the Talibon Polytechnic College
Personnel”

In this regard, we are asking for your precious time, and effort to answer all the
questions in the questionnaire that are important and helpful for the completion of
the study.

Rest assured that all data gathered from you will be kept in the highest level of
confidentiality.

Your positive response in this request will be a valuable contribution for the
success of the study and will highly be appreciated.
Thank you very much for your cooperation.

Respectfully yours,
(SGD) JIESSELE A. AUZA (SGD) RODEL C. ANESLAGON
Researcher Researcher

(SGD) RAYMOND B. ABAPO


Researcher

Noted by:
(SGD) DOMINGO A. CAJES (SGD)MARIA FE P. COMAHIG, Ph.D.
Acting Dean, BS Accounting IS College President
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APPENDIX A.2

TALIBON POLYTECHNIC COLLEGE


BACHELOR OF SCIENCE IN ACCOUNTING INFORMATION SYSTEM

SURVEY QUESTIONNAIRE

As a part of our research paper at Talibon Polytechnic College for the

completion of our course requirement, we are presently conducting the study

entitled “BUDGET MANAGEMENT ON JOB SATISFACTION OF THE TALIBON

POLYTECHNIC COLLEGE PERSONNEL”. We will highly appreciate your help

through answering all the questions asked and completing the following table. Rest

assured that every single information acquired from this survey that can be

identified with you will remain strictly confidential.

PART I. PROFILE OF THE TALIBON POLYTECHNIC COLLEGE (TPC)

PERSONNEL

1. Sex:

Male Female

2. Marital Status:

Single Married

Widowed Separated

3. Educational Attainment:

Elementary Graduate
31

High School Level

High School Graduate

College Level

College Graduate

Masteral

Full Pledged Masteral

Ph.D.

Others: _____________________ (please specify)

4. Position in School:

Instructor

Registrar’s Clerk

Guidance Councilor

Librarian

School Nurse

Others: _____________________ (please specify)

PART II. LEVEL OF BUDGET MANAGEMENT PRACTICES OBSERVED BY

THE TPC PERSONNEL.

Instruction: Please read the statement and put a checkmark (✓) in the column for

your answer that best describe your feeling in each statement about personal

budgeting by using the following rating scale.


32

Statements 5 4 3 2 1

Always Very Often Sometimes Rarely Never

Observed Observed Observer Observed Observed

Maintaining adequate financial

records

Spending less than your income

Maintaining adequate insurance

coverage

Planning and implementing a

regular savings/investment

program

I feel in control of my financial

situation

I feel capable of using my future

income to achieve my financial

goals

My finances are insignificant

source of worry or "hassle" for me

I am certain about where my

money is spent
33

I feel capable of handling my

financial future (e.g., buying

insurance or investments)

I am afraid of credit and credit

cards

I feel the cost of using a credit

card is too high

I feel putting away money each

month for savings or investments

is important

I am comfortable with not paying

my credit card bills in full each

month as long as I make the

minimum payment

I enjoy thinking about and have

interest in reading about money

management

I enjoy talking to my peers about

money management issues (i.e.

taxes, investing, credit cards)


34

Scale Range Description


5 4.21- 5.00 Always Observed
4 3.41- 4.20 Very Often Observed
3 2.61-3.40 Sometimes Observed
2 1.81- 2.60 Rarely Observed
1 1.00-1.80 Never Observed

PART III. PERSONAL BUDGETING IN RELATION TO JOB SATISFACTION

Instructions: Please read the statement and put a checkmark (✓) in the column

for your answer that best describe your feeling in each statement about

budgeting in relation to satisfaction in your current job by using the following

rating scale.

5 4 3 2 1

Statements Extremely Moderately Satisfied Slightly Not

Satisfied Satisfied Satisfied Satisfied

at All

The peace of mind I have

in my financial life and the

way I budget my money

My ability to meet my

financial obligation
35

The income potential my

current job or career

provides me

The job I have can make

me support my

necessities

The extras that I am able

to buy for myself and my

loved ones

The level and quality of

security of tenure I

currently have

The amount of money

that I save and invest on

a regular basis is enough

for my basic needs (food,

shelter, stability and

sanitation and healthcare)

My current investment

choices

My knowledge and use of

my employee benefits
36

The level of employee

benefits I receive

My plans for my children’s

education

My estate plan

The level of personal

financial education I have

attained

How I respond

emotionally to my

personal finance issues

The feelings I have about

my money life

Scale Range Description


5 4.21- 5.00 Extremely Satisfied
4 3.41- 4.20 Moderately Satisfied
3 2.61-3.40 Satisfied
2 1.81- 2.60 Slightly Satisfied
1 1.00-1.80 Not Satisfied at All
37

PART IV. INTERVENTION PROGRAM

☐ Assess financial resources

☐ Determine expenses

☐ Set goals

☐Create a plan

☐ Pay yourself first

☐ track your progress

☐ Attend seminar on personal

budgeting

☐ others: _______________

(please specify)
xxxviii

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