SPENDING PRACTICES FRAMEWORK AMONG JOB ORDER EMPLOYEES

In the Philippine Government office setting, at both local and national levels,there are employees referred to as Job Order (JO) employees who do not get the samebenefits as their permanent counterparts, leaving them in an even worse financialsituation. This study explores the spending practices of JO employees, aiming tounderstand the sources of their hardships concerning finances. With the gathered datafrom 150 respondents using an adapted survey questionnaire, a non-experimentalquantitative research design using exploratory factor analysis (EFA) was employed inthis study.The study details an in-depth analysis of JO employees’ distinct necessities andconstructs a sustainable financial planning framework. The findings of this study showthat the spending practices of JO employees are influenced by a combination offinancial literacy, income level, psychological factors, and social influences. Statisticalanalysis confirmed that financial literacy and psychological factors positively affectsavings and stress reduction, while income limitations and social influences often leadto poor financial decisions. These results highlight the complex nature of financialdecision-making, shaped by both internal and external factors. As Abellanosa et.al,(2020), explains that giving financial literacy classes as one of the benefits to every JOcould lead to improving their financial knowledge, addressing social influences onspending, and fostering psychological resilience in financial habits through targetedfinancial literacy programs within government institutions. The study argued that thedemand for such benefits in every JO could lead to policies and initiatives that expandthese workers' financial inclusion and security, elevate their financial income-relatedknowledge, navigate social influences on spending, and build psychological resilience inspending habits through a JO focus financial literacy program in every governmentinstitution.