Owners of small businesses should endeavor to increase job satisfaction so employee motivation will also improve, resulting in better job performance and increased efficiency. Concentrate on creating enthusiasm, optimism, contentment and feelings of teamwork to help your company flourish. Commitment Employee commitment is enhanced when an employee feels motivated and satisfied at his job.
Limitations of the Study 1. Introduction Historically, roots of the study of job satisfaction lie in the Hawthorne studies conducted during and credited to Elton Mayo of the Harvard Business School.
This marked the beginning to investigate factors of job satisfaction. It is considered to be a critical issue in organizational performance. It continues to be rhetoric in the minds of scholars and management practitioners, because of two questions: Second, to what extent organizational variables could be the building -blocks of job satisfaction?
The most accepted meaning in literature, according to Cranny et. Sharma in his study of school teachers in Himachal Pradesh revealed that they were satisfied with their work, working conditions, salary structure, job security, promotional policies, institutional plans and policies, relationship with their co-workers, functioning of authorities head and their compatibility.
Asondariya and Kumar in Saurashtra region and Kutch district in the state of Gujarat. Abbas reported that financial factors, working conditions, supervision and advancement opportunities are associated with the overall satisfaction of the banking professionals.
Archana Singh et al. Jagannathan and Sunder in their study of employees of the Life Insurance Corporation of India in Tamil Nadu reported that the job security, recognition for work, supervision, pay, grievance handling procedures and other financial facilities had significant impact on their job satisfaction.
Shariq in study of the impact of gender and attitude in banking professionals observed that female employees showed less satisfaction as compared to male respondents.
Soumendu Biswas reported that psychological climate proved to be a significant positive predictor of job satisfaction. Shallu Sehgal her study of private and public sector banks employees in Shimla district of Himachal Pradesh indicated that socio-economic variable, such as, age, sex, and income were significantly correlated with job satisfaction of employees.
The researcher reported that employees in old age group category were more satisfied than others. Suman Devi and Suneja witnessed that significant difference exists between employees of public and private sector banks in various aspects of job satisfaction, pay and fringe benefits, supervision, training and development.
They reported that school policies, supervision, pay, interpersonal relations, opportunities for promotions and growth, working conditions, work itself, achievement, recognition, and responsibility were significantly associated with job satisfaction of teachers.
From the above it becomes clear that studies on job satisfaction of bank employees are sporadic in nature. There seems one study Shallu Sehgal, reported form Himachal Pradesh.
Hence, differential nature of samples, groups and regions, provides a ground for more researches on job satisfaction of employees of banking sector in the state of Himachal Pradesh.
Rationale of the study Since the Hawthorne studies in early twentieth centuryjob satisfaction continues to occupy the center stage of debate in academic circles and the world of work. Attrition, retention, recruitment, training, growth and development of employees, all converge directly or indirectly into the domain of job satisfaction Hence, understanding job satisfaction, is crucial, for effective management of diverse human resource, in the private and the public sector.
The modern era is marked by a cut-throat competition in the market place. The market situations, technology, labour, work environment, and work culture are changing very rapidly. To retain existing and attracting potential candidates having high dedication towards work is the key to success for any organization including the banking sector.
The need for such studies also stems from the fact that organizations try to devise effective mechanisms to make work environment congenial for employees. Such studies help organizations to devise ways to motivate employees to inculcate belongingness and improve health of organization.
Banks like many other organizations are also faced with resistance to change, rewards, promotion policies, working conditions etc. Sporadic agitations by banking employees are indicative of the fact that understanding satisfaction of employees is very vital. The scope of this extends to all aspects of working environment and across various categories of employees within and outside banking organizations.
It is India's largest private sector bank with total assets of Rs. The Bank has a network of 3, branches and 11, ATMs in India, and has a presence in 19 countries, including India.
The ICICI bank has witnessed tremendous change in terms of human resource, technology intervention and changing nature job in the context of market demands.The job satisfaction have been analysed under two main variables namely organization structure and policy related factors and pharmacist’ specific factors.
The study has sampled sixty. JOB SATISFACTION IN BANKING: A STUDY OF PRIVATE AND PUBLIC SECTOR BANKS (COMPARATIVE STUDY) motivation, although it is clearly linked. understand employees‟ job satisfaction level at banks and difference in level at public and.
JOB SATISFACTION IN BANKING: A STUDY OF PRIVATE AND PUBLIC SECTOR BANKS (COMPARATIVE STUDY) motivation, although it is clearly linked. understand employees‟ job satisfaction level at banks and difference in level at public and.
MOTIVATION AND JOB SATISFACTION: A STUDY OF PHARMACISTS IN PRIVATE HOSPITALS. Dr. D. Rajan, BPT, MBA (HA), MBA (HR), PGDMM, attheheels.com, Ph.D., Lecturer, Department Motivation and job satisfaction are like two sides of the same coin.
Both of them have direct impact among the employees. Lack of motivation or. Job satisfaction is the collection of feeling and beliefs that people have about their current job. People’s levels of degrees of job satisfaction can range from extreme satisfaction to extreme dissatisfaction.
Commitment. Employee commitment is enhanced when an employee feels motivated and satisfied at his job. The link between motivation and satisfaction is, therefore, illustrated by the commitment a.