Factors Motivating Employees in Public Sector Banks: An Empirical Investigation

Abstract

The aim of the study is to determine the Factors Motivating employees in the Banking Sector of Pakistan with respect to their demographic Reflections, In order to achieve the purpose the researcher was required to get the questionnaire filled from employees working at different organizational level in banks of Pakistan such as namely First Women Bank, National Bank of Pakistan and Sindh Bank. In order to get result different test were performed which shows that all the motivational factors and Hygiene factors taken in to account which include “Fair wages and Promotion,” “Health and other services,” “Work environment,” “Job Specification,” “Prestige and Request,” “Management Policies and Style,” “Non-Cash Benefits,” “Sports” and lastly “Setting and Defining Goals” play a significant role in motivating employees. Thus helping Public banks of Pakistan to direct their focus on the above mentioned factors in order to not only retain employees but also increase their performance.

Keywords: Motivation, Banks, Pakistan, Hygiene factors, Public Sector

JEL Classification: C12, C42, M12, O15