Factors influencing employee job satisfaction at commercial Banks in Bangladesh
Job satisfaction is a common issue in banks throughout the world. For the past couple of decades, various studies endeavored to investigate the relative significance of understanding job satisfaction. The employer of banks has given importance on job satisfaction of employees in order to remain c...
Main Authors: | , , , , |
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Format: | Conference or Workshop Item |
Language: | English English |
Published: |
2019
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Subjects: | |
Online Access: | http://irep.iium.edu.my/78056/ http://irep.iium.edu.my/78056/15/78056%20Abstract.pdf http://irep.iium.edu.my/78056/16/78056%20poceeding.pdf |
Summary: | Job satisfaction is a common issue in banks throughout the world. For the past couple of decades,
various studies endeavored to investigate the relative significance of understanding job
satisfaction. The employer of banks has given importance on job satisfaction of employees in
order to remain competitive. In the perspective of Bangladesh, the present scenario of
employees’ job satisfaction is appalling. The employers of commercial banks have little attention
toward the job satisfaction of their employees. Thus, it is necessary to make sure and improve
job satisfaction of employees to benefit employees and organization. This study has been
conducted with the aim of identifying factors of job satisfaction in commercial banks. Employees
from commercial banks have been selected as respondents on the basis of simple random
sampling technique. Initially, reliability test has been conducted in determining the factors of job
satisfaction. Then, factor analysis has been carried out to identify the factors by analyzing data
and interpret the findings. Five factors have been found from the factor analysis namely
managerial support, training and career development, salary and benefits, work environment and
hour, and coworker relationship. The cumulative variance of these five factors is 70.186% which
indicates that five factors are mostly influential on job satisfaction of employees in commercial
banks. In this way, commercial banks are able to increase employees’ job satisfaction and
employees’ inspiration by working on these five factors for achieving its ultimate success. |
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