Determinant of Job Satisfaction in Public and Private Sector: An Empirical Study
International Journal of Engineering Technology, Management and Applied Sciences, Vol 3, Issue 1 (2015)
12 Pages Posted: 2 May 2015
Date Written: November 25, 2014
The present study surveys both the sectors in most of the aspects of analysis. As the current findings show, jobholders vary regarding the extent of ambivalence experienced with respect to their attitude toward their job. The current findings also open up opportunities for further research regarding the consequences of job ambivalence. This paper has been designed with a view to investigate the satisfaction level of employees of Public Sector and Private Sector Banks, to find out the effect of various aspects of job satisfaction and difference in the level of job satisfaction between the employees of Public Sector Banks and Private Sector Banks. Sampling used in this research is simple random sampling. The survey is conducted on employees of Public Sector Bank and Private Sector Bank. The target audience was managers, officers and clerks. The diversity of the study is that it involves Bankers of all age groups and career levels. The study covers four Commercial Banks in all, taking two from Public Sector namely State Bank of India and Andhra Bank and two from Private Sector, HDFC and Axis Bank. One hundred and forty employees of selected Banks have been approached to ascertain their views on job satisfaction. The results indicate that significant differences exists between employees of Public Sector and Private Sector Banks regarding various aspects of job satisfaction, pays, supervision, security, acknowledgement. But they are significant in case of the aspects, secure, promotion, relation with co-workers, employee’s empowerment, supervision, and nature of job.
Keywords: Job Satisfaction, Public Sector Bank, Private Sector Bank, Bank Employees, and Satisfaction Level, Job Satisfaction Aspects
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