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BEHAVIOUR
TOPIC
IMPORTANCE OF JOB SATISFACTION FOR EMPLOYEES IN ORGANISATIONS
ROLL NO-106-2015
M.COM PART-I
POST GRADUATION
DEPARTMENT OF COMMERCE
ST. XAVIERS COLLEGE, MAPUSA GOA
ACADEMIC YEAR-2015-16
INDEX
SR. NO
CONTENT
PG.NO
INTRODUCTION
3-10
RESEARCH DESIGN
11
CASE STUDIES
12-18
CONCLUSION
19-20
BIBLIOGRAPHY
21
CHAPTER-I INTRODUCTION
INTRODUCTION TO JOB SATISFACTION
Historically, roots of the study of job satisfaction lie in the Hawthorne studies conducted during
1924-1933 and credited to Elton Mayo of the Harvard Business School. These studies
culminated into Hawthorne Effect which states that changes in work conditions temporarily
increase productivity. This marked the beginning to investigate factors of job satisfaction. In
addition to this, Taylorism of Frederick Taylor (1911) popularly known as scientific
management also become the source of studies on job satisfaction. For the last two decades, the
employees job satisfaction has been a focus of research and practice. 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: first, to what extent, job satisfaction is
determined by personal and social variables? Second, to what extent organizational variables
could be the building -blocks of job satisfaction? Job satisfaction is generally, understood an
attitude towards ones job. It simply indicates ones contentment with the job. Job satisfaction is
a constructive or positive thought about work and the work environment. On the other hand, job
dissatisfaction leads to negative or unhappy thoughts about the work or the working conditions.
Organization exists to achieve the highest profits and productivity. In many instances, most
organizations that focused on profit, neglected the factors that contribute to employee motivation
or employee satisfaction. However, during the company facing downstream of productivity
because of external factors such as economic downturn and strict competition regardless of local
or international companies and also internal factors such as high absenteeism, aggressive
employee turnover, and high cost of production, they realized the importance of their most
important assets, that are their employees. Job satisfaction is often determined by how well
outcome meet or exceed expectations. For instance, if organization participants feel that they are
working much harder than others in the department but are receiving fewer rewards they will
probably have a negative attitudes towards the work, the boss and or coworkers. On the other
hand, if they feel they are being treated very well and are being paid equitably, they are likely to
have positive attitudes towards the job. Job security has been the key component for job
satisfaction so the management of companies must maintain a safe environment for working so
that the worker does not feel insecure in terms of their service tenure or any other things.
3
job stresses, role conflicts, or role ambiguities can hinder an employee from meeting job
expectations.
Minnesota Satisfaction Questionnaire - The long form of this survey is made up of 100
questions based on 20 sub scales which measure satisfaction with ability, utilization,
achievement,
compensation,
activity,
advancement,
co-workers,
creativity,
authority,
company
independence,
policies
moral
and
values,
practices,
recognition,
If a company motivated their employees for get the job satisfaction the companies enjoying some
advantages. The advantages are:
If the manager and the management of the company meet their corporal and mental needs of
the employees, the employees happy to achieve the corporate rules.
For getting the best efforts of the staffs in the company, its need to improving the knowledge
and skills of the employees in the business. It decreases the employees turnover in the
company. If companies reduce the friction between the organisation and the management, it
reduces the employee complaints.
Every organisation needs to improve their quality service by giving the employees
satisfaction in work place. (Beardwell and Holden, 2001).
LITERATURE REVIEW
International Journal of Multidisciplinary Management Studies (DR. G. YOGANANDAN;
MS.R.DIVYA)
The aim of this research is to examine the contributing variables towards job satisfaction among
private sector bank employees working in Tiruchengode Tamil nadu. The effectiveness of the
service provided by the employees is influenced by many factors like promotion, job security,
working schedule etc., most of such factor can be directly attributed to the working environment
of private sector bank.. It is possible to relate the job satisfaction of employees with productivity
and customer satisfaction as satisfied employees create a congenial environment for the bank
customers not only in the banking sector but in any service industry. The sample size of the study
was 129. The study highlighted the demographic profile of the employees working in the private
sector banks in the Tiruchengode town and points outs that they are very much satisfied with
their job. The banks need to the constantly emerging need of the employees and take utmost
steps in ensuring those expectations are fulfilled so as to make them more satisfied with their job.
The Effects of Employee Satisfaction on Company Financial Performance
T-Mobile USA As one of nations fastest growing providers of communications services, TMobile has more than 20 million customers and more than 13,000 customer service employees.
After ranking low in customer satisfaction surveys, the company analyzed the gap between their
brand promise and employee engagement, and instituted a strategy to close the gap. The results
have been dramatic. T-Mobiles rewards and recognition program resulted in the company
ranking highest in JD Power and Associates Wireless Customer Care Performance Study three
years in a row. Employee attrition has also been reduced by more than 15%, and employee
satisfaction has increased by 10%. Performance improvement results at this level come from
effective incentive programming. T-Mobiles program achieved its success through several key
elements: performing up-front research (one-to-one interviews/ surveys and focus groups) to
determine the best awards and program structure; segmenting the audience and encouraging
incremental improvements for different levels; having a strong service mission and reinforcing
company values; linking the brand to mobilize the team and drive external excitement internally;
and recognizing top performers but also encouraging team results. Finally, incentive
programming is but one part of T-Mobiles comprehensive effort but it is a critical part in
motivating employees to deliver results.
Australian Journal of Business and Management Research
Mosammod Mahamuda Parvin Lecturer, Department of Management and Finance Sher-eBangla Agricultural University, Dhaka
The Pharmaceutical sector plays a vital role in underpinning the economic development of a
country. This research paper highlights some of these problems and presents a picture of level of
job satisfaction among employees of pharmaceutical companies. It also identifies unique issues
of job satisfaction in the companies. It focuses on the relative importance of job satisfaction
factors and their impacts on the overall job satisfaction of employees. It also investigates the
impacts of pharmaceutical type, work experience, age, and sex differences on the attitudes
toward job Satisfaction. The result shows that salary, efficiency in work, fringe supervision, and
co-worker relation are the most important factors contributing to job satisfaction. The overall job
satisfaction of the employees in pharmaceutical sector is at the positive level. The nature of
business operation, the work culture and the level of job satisfaction have undergone sea change
for the pharmaceutical companies. As a business proposition initiated huge investment whereas
majority of their stocks is going down bringing a high level of apprehension related to job
security among its employees.
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The scope of the study has been limited to only a 4 case studies regarding importance of job
satisfaction of employees in an organization.
RESEARCH METHODOLOGY
Sources of data
Secondary data- The study has been conducted using secondary data i.e. through internet.
Time was an important limiting factor in deciding the scope of the study
The compiled data is based on secondary data i.e. internet and May not always be true and
fair or a true representation of the study
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money she would have gotten for signing new partners. Megan has also been frustrated with the
lack of growth opportunities within the company. The company is small, so after working for the
company for three years, she has already reached the peak of her job responsibilities.
Recently, Megan has contemplated looking for a new job. Although Megan loves the spotlight
and physically working the shows, she has become dissatisfied with her job. Because of recent
and ongoing frustrations, she is no longer motivated to go "above and beyond" on or off the
stage. She has started to resent giving up her weekends for half of the year. She is fed up with her
manager and the way she controls every decision, especially when it affects Megan's paycheck.
Finally, Megan realizes that there are no growth opportunities and doesn't know how much
longer she can continue doing the same thing over and over.
Megan loves the type of job she is doing; she also has a good relationship with her co-workers
and finds her pay adequate, most of the time. She has worked with the company for three years
and doesn't feel much autonomy in her work. She continues to perform well despite her
supervisor's micro-management. This lack of freedom to make decisions has resulted in Megan
missing out on several bonus opportunities, as well as acquiring valuable new partners for the
company. More recently, Megan became dissatisfied with her work schedule as well. She didn't
mind spending most of her weekends traveling but she always assumed that if she had to take
one weekend off to tend to personal business, she would be able to. The refusal of her manager
to give her a weekend off for her friend's wedding contributed greatly to Megan's growing
dissatisfaction with her job. Another aspect of her job that became dissatisfying is the lack of
growth and promotion opportunities. Even though Megan loves what she does, she is not willing
to do the same thing over and over indefinitely. Megan is considering finding a new job because
she is dissatisfied with too many important aspects of her work for her current company,
including supervision, promotional opportunities, autonomy, and pay. Loving the type of work
alone is just not enough anymore.
In conclusion, it may be necessary for Megan to tell her manager that she is dissatisfied in order
to seek resolution. This way, the manager knows exactly what is wrong and can work to make
improvements. If Megan doesn't speak up, the manager may never realize that there is a problem
and will not be able to correct it. Megan is an exceptional worker, and what she and the other
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employees are asking for is not unreasonable. It would be unwise to ignore the situation any
longer as the company would lose a valuable worker should Megan decide to quit her position.
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Job Satisfaction
Salary
50.00
41.25
Nature of Job
31.25
48.75
Inter-personal Relationship
70.00
Job Security
32.50
Communication
62.50
Autonomy
37.50
Morale
38.75
38.75
Attitude of Superiors
67.5
Role Clarity
40.00
Working Conditions
55.00
Team Work
51.25
Promotion
32.50
15
80
Job Satisfaction
60
40
20
0
Job Satisfaction
Majority (70.00%) of the respondent employees were happy and satisfied with relationship with
their colleagues at their work place. This they felt is a healthy sign of development of an
organization. This they viewed leads to discharge their responsibilities better and in this task they
get cooperation and guidance of other colleagues. It also felt that employees relationship with
management and other co- employees as one of the major factor for improving job satisfaction of
employees, while It appears that a little over 30 percent of respondents were contented with the
nature of job which includes flexibility, workload on the employees, working hours etc. Those
who were not contented often felt overloaded with work of different kinds in addition to their
own work.
After the analysis of statistical data and findings arrived, it can be concluded that employees in
the ICICI bank in Himachal Pradesh nurture differential level of satisfaction across
organizational variables, such as, salary/ compensation, training and development, the nature of
job, work life balance, colleagues relationship, job security, chain of communication or
relationships, decision-making, welfare measures, rewards and recognition, attitude of superiors,
roles of the employees, working conditions, team work promotion policies etc. On the face of
statistical findings, difference in percentage between satisfaction and dissatisfaction suggests that
factors of salary, inter-personal relationship, communication, attitude of superiors, working
conditions and team work are more significant in determining job satisfaction of employees of
the ICICI bank in Himachal Pradesh. It can be pointed out that improvement in organizational
16
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not flexible. The company need to improve their salary structure according to the employees
demands. When an employee does not get their salary as their expectation then they are
dissatisfy in their work. The worker work hard and work in the different department as the
company needs and the worker use their every second for achieve the company goals and give
the best service. But when they saw that the salary competitively low from others retails
company then they are dissatisfied. For the employees satisfaction Apple needs to pay the perfect
salary as the market demands.
Some of the employees satisfaction related with the financial support like: get bonus and
intensive, pension after retired, get safety from the company, etc.
E.g. one of the employees who work in the Apple Company Stratford (Westfield) UK branch last
three years give answered the researcher question that:
We are whose are work in the Apple company come from different countries. Our culture, our
religion is different and also our life style capabilities are different from each others. But the
Apple store treat us a same scale that we are work in a same company. Its very grateful for every
employee in the Apple Company.
This indicates that Environmental issues are also the factors of employees job satisfaction. For
getting the job satisfaction in the job place every organization need to arrange comfortable and
secure environments. For the age difference and gender difference job satisfactions are vary in
the company. Managers helping behaviors can improve the job satisfactions in the company.
Training improves the working capability of the staffs and can give understanding about the job
satisfaction.
Recommendation-Salary is very important for an employee. For the workload Apple Company
need to consider the Apple companies employee salary. Its found that maximum job
dissatisfaction cause for the salary. Every employee requires their specific need. Managers need
to check the employees ability and take action about the salary according to the staffs ability.
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CHAPTER IV-CONCLUSION
Achieving a high level of employee performance is considered the common goal for many
organizations. Employees satisfaction is the gateway to the success of an organization. This is
because employees who exhibit a higher level of satisfaction tend to put more effort in their jobs
that may then lead to better job performance. Hence, for an organization to achieve a higher level
of performance, a satisfying working context is required. Job satisfaction as the attitude and
feeling employees has towards their job. The feelings and attitudes are divided into two
categories which are the positive and negative attitudes. Pleasant feelings and positive attitudes
tend to show that employees are satisfied while negative and unpleasant feelings exhibit
dissatisfaction of employees. Briefly, job satisfaction refers to how employees feel about the job
and to which extent the value of the job is consistent to the employees needs.
An organization will not work without the contribution from the employees as the employees
could lead the organization to a better position in the highly competitive market nowadays.
Employees satisfaction in a company is very important for a company. For the market
competition the employees give the best and effective service to the customer The managers of
the company decide to achieve the company goals by giving their employees inspiration.
Employee productivity depends on the employee satisfactions. There is a system in a company
which is must follow by the employees. The managers and the employees of the company are
more committed, qualified and more effective for willing to work in the company in the case of
applying the employees satisfactions. Employees satisfactions carry the employees Job
Satisfaction. Organizational success depends on the employees success of useful Job
Satisfactions
A well-managed business organization normally considers the average employees as the primary
source of productivity gains. These organizations consider employees rather than capital as the
core foundation of the business and contributors to firm development. To ensure the achievement
of firm goals, the organisation creates an atmosphere of commitment and cooperation for its
employees through policies that facilitate employee satisfaction. Satisfaction of human resource
finds close links to highly motivated employees. Motivated employees then develop loyalty or
commitment to the firm resulting to greater productivity and lower turnover rates.
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SUGGESTIONS
In a company its important for a manager to know that how the employees are satisfied in the
company. For that reasons the practice of employees satisfactions is very important in a
company. If a company want to get full benefits from the employees its needs to satisfy the
employee in the workplace by inspecting the responsibilities.
Working conditions in terms of flexibility, workload and working hours should be tuned in
such a way that they do not serve as barriers in maintaining work life balance which is
essential for individual and social development.
Seniors should inculcate positive attitude towards their subordinates in helping them to
perform assigned tasks with increased efficiency and in turn learn comfortably
There should be a special focus on Appraisal System, Work Place and Training and
Development
Management behavior should be monitored to get the high performance from satisfied
workers.
Employees have a strong concern regarding workplace so this factor should also be a focus
of the organizations.
If the employees are satisfied, they are supposed to contribute more for their organizations
competitive edge.
Employees of the private organization should have clear goals and objectives by other
management, so that they can participate in growth of the organization.
In the job place every employees are important as they are men or as they are women. Job
satisfactions need all gender for doing their work frequently and work for achieve the
companys expectations. In a company men and women work together and they work equally
in the company. Therefore no gender bias should be made.
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BIBLIOGRAPHY
http://www.iiste.org/Journals/index.php/EJBM/article/viewFile/20527/21472
http://www.ajbmr.com/files/download/bdee2481abfb941
http://www.eajournals.org/wp-content/uploads/Job-Satisfaction-Bankers-Turnover-A-CaseStudy-On-Bangladesh-Commerce-Bank-Limited.pdf
http://www.zenithresearch.org.in/images/stories/pdf/2015/FEB/EIJMMS/4_EIJMMS_VOL5
_ISSUE2_FEBRUARY2015.pdf
www.wikepedia.com
www.encyclopedia.com
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