Author : Jason V. Dollente 1
Date of Publication :30th May 2021
Abstract: This study was conducted to determine the employees’ awareness and effectiveness level of Electronics Risk Management Practices (ERMP) of selected semiconductor companies in Laguna. A descriptive correlational method was utilized as the research design. The researcher used G* Power analysis to determine the sample size of the study. Moreover, this study employed a stratified random sampling procedure for selecting the participants. The study was conducted in three manufacturing companies; American, Japanese, and Filipino-owned semiconductor firms situated at Cabuyao, Sta. Rosa, and Biňan respectively. The respondents were the rank and file employees who are the beneficiaries of risk management practices. Quantitative data were collected utilizing a technique of researcher-made structured survey as an instrument. Using the four-point Likert Scale and the simple mean, Analysis of Variance, and Pearson-r correlation coefficient, findings revealed that the respondents were aware in terms of the nature of electronic risk, risk vulnerability, and risk management. There was no significant difference in the level of awareness among the group of respondents in terms of the nature of electronic risk and risk management, while there was a significant difference in terms of risk vulnerability. The effectiveness level of ERMP in terms of risk identification, assessment, treatment, policy, and governance was effective as assessed by the respondents. Furthermore, the employees’ awareness level has a significant relationship to the effectiveness level of ERMP. As an output of the study, an enhancement program that can address the needs of employees to maximize risk awareness towards maximum effectiveness of ERMP was proposed.
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