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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

Evaluation of the Employees’ Provident Fund in Jordanian Public Universities

Fawzi Al Sawalqa, Ghazy Al-Badainah

http://dx.doi.org/10.6007/IJARAFMS/v10-i3/7900

Open access

The current initial study comes to explore the current status and the future trend of the Employees’ Provident Fund (EPF) among Jordanian public universities. Based on the responses of 167 employees from two public universities, the results show a weak investment policy in EPF and a general unsatisfactory attitude towards the current status of EPF investments. Uncertainty in the future of EPF and the scarcity of financial resources are the main barriers of investing in EPF. Employees stress numerous future corrective actions to enhance the role of EPF in serving the members. Results also show that the monthly salary is the key factor that affects the perception of employees towards the current status of EPF investments, barriers of investments in EPF, and the future corrective actions of EPF. As a rare study in EPF in universities, it offers valuable recommendations to policy-makers to develop the different perspectives of EPF.

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In-Text Citation: (Al Sawalqa, & Al-Badainah, 2020)
To Cite this Article: Al Sawalqa, F. A., & Al-Badainah, G. A. (2020). Evaluation of the Employees’ Provident Fund in Jordanian Public Universities. International Journal of Academic Research in Accounting, Finance and Management Sciences. 10(3), 256-277.