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Influence of job satisfaction on employee retention
A cross dimensional analysis with reference to SBI
bank, BAJAJ ALLIANZ, HILL METALS, UTKAL
AUTOMOBIL
Submitted by
SUBHASIS DAS
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1.AMANAGEMENTTHESIS1.1. ON
Influence of job satisfaction
on employee retention A
cross dimensional analysis
with reference to SBI bank,
BAJAJ ALLIANZ, HILL METALS,
UTKAL AUTOMOBIL
Submitted ySUBHASIS DAS
II YEAR MBA
8NBBB027
INC BHUABANESWAR
Under Guidance Of
Snigdha Mohapatra
(Faculty of HR)A report submitted in partial fulfillment of the
requirements of MBA program (2008-10)
DEVIKA TOWER,BOMIKHAL, BHUBANESWAR
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ANNEXURE 99
DECLARATION 102
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ACKNOWLEDGEMENT
I express my gratitude and sincere
thanks to Snigdha Mohapatra, my faculty
guide for their guidance, suggestions and
advice rendered during each step of this thesis
report. At the same time I am grateful to the
staffs, people of different banks who
supported me during the training and getting
important information. And at last but not the
least I thank my batch mates and colleagues
for their invaluable support and
encouragement during the executive
training.
Thanking You.
1.3.
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1.4. THE REASONS FORCHOOSING THIS TOPIC
The following data collected from
different media and internet highlight the
impotence of employee retention.
Average employee turnover is 14.4% annually,
according to the Bureau of National Affairs. And,
turnover rates are on the rise, the Bureau now
reports; turnover also varies widely among
different industries.
The blow to morale and increased job stress when
remaining employees are burdened with the
distribution of the departed employees workload,
the negative impact on customer service is a
direct result of their high turnover.
Replacement costs for a departing employee are
estimated at one-third of his or her salary. This
also leads to future turnover of employees who
are lured to other organizations by their friendswho have departed.
Estimates have determined that lost knowledge
that leaves with the departing employee can be as
high as 50% of the exiting employees salary for
one year of service; and, this figure grows by 10%
for each year of employment.
On average, 30% of a financial advisors clients will
move with their advisor if he or she changes firms.
The total cost of turnover is estimated to be
somewhere between 30 percent of the annual
salary of hourly employees (Cornell University)
and 150 percent as estimated by the SaratogaInstitute (Price Waterhouse Coopers). Taking a
fairly conservative estimate that the financial loss
from one employee is equal to his or her annual
salary, the negative financial impact of turnover to
the bottom line can be substantial.
Most of the HR functions of IT organizations spend
more than 50 % their time and energy in hiring
new resources without investing much time in theway their human resources can be retained. Fact
is, it takes 25 to 30 % more for organization to
retain the existing qualified resource as compare
to spending more than 50 % in getting new
resource as a replacement of an existing resource.
Now a days the main topic of discussion
is employee retention . There are many
factor that influence employee retention.
Among those factors I considered job
satisfaction and tried to find out the
influence of job satisfaction on employee
retention in my research.
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1.1 Definitions:Job satisfaction does not seem to reduce
absence, turnover and perhaps accident
rates.
-Robert L. KahnJob satisfaction is a general attitude
towards ones job: the differencebetween
the amount of reward workers receive and
the amount they believe they should
receive.
-P.Robbins
Job satisfaction defines as The amount of
over all positive affect (or feeling) that
individuals have toward their jobs.
-
Hugh J. Arnold and Daniel C.Feldman
Job satisfaction is the amount of pleasure
or contentment associated with a job. If
you like your job intensely, you will
experience high job satisfaction. If you
dislike your job intensely, you will
experience job dissatisfaction.
ByAndrew J DuBrins,
The practice of supervision
Different authors give various definitions
of job satisfaction. Some of them are
taken from the book of D.M. Pestonjee
Motivation and Job Satisfaction which
are given below: Job satisfaction is
defined as a pleasurable, emotional, state
resulting from appraisal of ones job. An
effective reaction to ones job.
WeissJob satisfaction is defined, as it is result
of various attitudes the person hold
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towards the job, towards the related
factors and towards the life in general.
Glimmer
Job satisfaction is defined as any
contribution, psychological, physical, and
environmental circumstances that cause a
person truthfully say, I am satisfied with
my job. And Job satisfaction is defined,
as employees judgment of how well his
job on a whole is satisfying his various
needs
Mr.Smith
Job satisfaction is defined as a
pleasurable or positive state of mind
resulting from appraisal of ones job or
job experiences.
Locke
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1.2INTRODUCTION
Job satisfaction describes how content an
individual is with his or her job. It is a
relatively recent term since in previous
centuries the jobs available to a particular
person were often predetermined by the
occupation of that persons parent. There
are a variety of factors that can influence
a persons levelof job satisfaction. Some
of these factors include the level of pay
and benefits, the perceived fairness o the
promotion system within a company, the
quality of the working conditions,
leadership and social relationships, the
job itself (the variety of tasks involved,
the interest and challenge the job
generates, and the clarity of the job
description/requirements).
The happier people are within their job,
the more satisfied they are said to be. Job
satisfaction is not the same as motivation,
although it is clearly linked. Job design
aims to enhance job satisfaction and
performance methods include job
rotation, job enlargement and job
enrichment. Other influences on
satisfaction include the management style
and culture, employee involvement,
empowerment and autonomous
workgroups. Job satisfaction is a very
important attribute which is frequently
measured by organizations. The most
common way of measurement is the use
of rating scales where employees report
their reactions to their jobs. Questions
relate to relate of pay, work
responsibilities, variety of tasks,
promotional opportunities the work itself
and co-workers.
Job satisfaction has been defined as a
pleasurable emotional state resulting
from the appraisal of ones job; an
affective reaction to ones job; and an
attitude towards ones job. Weiss (2007)
has argued that job satisfaction is an
attitude but points out that researchers
should clearly distinguish the objects of
cognitive evaluation which are affect
(emotion), beliefs and behaviors. This
definition suggests that we from attitudes
towards our jobs by taking into account
our feelings, our beliefs, and our
behaviors.
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Affect TheoryEdwin A. Lockes Range of Affect Theory
(1976) is arguably the most famous job
satisfaction model. The main premises of
this theory is that satisfaction is
determined by a discrepancy between
what one wants in a job and what one has
in a job. Further, the theory states that
how much one values a given facet of
work (e.e. the degree of autonomy in a
position) moderates how
satisfied/dissatisfied one becomes when
expectations are/are not met. When a
person values a particular facet of a job,
his satisfaction is more greatly impacted
both positively (when expectations are
met) and negatively (when expectations
are not met), compared to one who does
not value that facet. To illustrate, if
Employee A values autonomy in the
workplace and Employee B is indifferent
about autonomy, then Employee A would
be more satisfied in a position that offers
a high degree of autonomy compared to
Employee B. this theory also states that
too much of a particular facet will
produces stronger feelings of
dissatisfaction the more a
Dispositional TheoryAnother well known job satisfaction
theory is the Dispositional Theory. It is a
very general theory that suggests that
people have innate dispositions that
cause them to have tendencies toward a
certain level of satisfaction, regardless of
ones job. This approach became a
notable explanation of job satisfaction in
light evidence that job satisfaction tends
to be stable over time and across careers
and jobs. Research also indicates that
identical twins have similar levels of job
satisfaction.
A significant model that narrowed the
scope of the Dispositional Theory was the
core Selfevaluations Model, proposed by
Timorthy A. Judge in 1998. Judge argued
that there are four Core Self-evaluations
that determine ones disposition towards
job satisfaction: self-esteem, general
self-efficacy, locus of control, and
neuroticism. This model states that
higher levels of self-esteem (the value
one places on his self) and general self-
efficacy (the belief in ones own
competence) lead to higher work
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satisfaction. Having an internal locus of
control (believing one has control over
her/his own life, as opposed to outside
forces having control) leads to higher job
satisfaction. Finally, lower levels of
neuroticism lead to higher job
satisfaction.
Job satisfaction has been defined as a
pleasurable emotional state resulting
from the appraisal of ones job; an
affective reaction to ones job; and an
attitude towards ones job. Weiss (2007)
has argued that job satisfaction is an
attitude but points out that researchers
should clearly distinguish the objects of
cognitive evaluation which are affect
(emotion), beliefs and behaviors. This
definition suggests that we from attitudes
towards our jobs by taking into account
our feelings, our beliefs, and our
behaviors.
Job satisfaction describes how content an
individual is with his or her job. It is a
relatively recent term since in previous
centuries the jobs available to a particular
person were often predetermined by the
occupation of that persons parent. There
are a variety of factors that can influence
a persons level of job satisfaction. Some
of these factors include the level of pay
and benefits, the perceived fairness o the
promotion system within a company, the
quality of the working conditions,
leadership and social relationships, the
job itself (the variety of tasks involved,
the interest and challenge the job
generates and
the clarity of the job
description/requirements).
The happier people are within their job,
the more satisfied they are said to be. Job
satisfaction is not the same as motivation,
although it is clearly linked. Job design
aims to enhance job satisfaction and
performance methods include job
rotation, job enlargement and job
enrichment. Other influences on
satisfaction include the management style
and culture, employee involvement,
empowerment and autonomous
workgroups. Job satisfaction is a very
important attribute which is frequently
measured by organizations. The most
common way of measurement is the use
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dealer for Mahindra, Hyundai and Yamaha
in the state of Orissa and a market leader
for each of the manufacturer it
represents.
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Bajaj AllianzBajaj Allianz life insurance co. Ltd. Is a
joint venture between allianz se, one of
the world's largest insurance companies,
and bajaj finserv. Allianz se is a leading
insurance corporation globally and one of
the largest asset managers in the world,
that manage assets worth over a trillion.
With over 115 years of financial
experience, allianz se is present in over
70 countries around the world. Bajaj
allianz is into both life insurance and
general insurance. Today, bajaj allianz is
one of Indias leading and fastest growing
insurance companies. Currently, it has
presence in more than 550 locations with
over 60,000 insurance consultants.
In June 2008, Bajaj Allianz entered into
partnership with Thomas cook India to
provide travel finance. Bajaj Allianz life
insurance ensures excellent insuranceand investment solutions by offering
customized products, supported by the
best technology.
SBIThe roots of the State Bank of India rest in
the first decade of 19th century, when the
Bank of Calcutta, later renamed the Bankof Bengal, was established on 2 June
1806. The Bank of Bengal and two other
Presidency banks, namely, the Bank of
Bombay (incorporated on 15 April 1840)
and the Bank of Madras (incorporated on
1 July 1843). All three Presidency banks
were incorporated as joint stock
companies, and were the result of theroyal charters. These three banks received
the exclusive right to issue paper
currency in 1861 with the Paper Currency
Act, a right they retained until the
formation of the Reserve Bank of India.
The Presidency banks amalgamated on 27
January 1921, and the reorganized
banking entity took as its name Imperial
Bank of India. The Imperial Bank of India
continued to remain a joint stock
company.
Pursuant to the provisions of the State
Bank of India Act (1955), the Reserve
Bank of India, which is India's central
bank, acquired a controlling interest in
the Imperial Bank of India. On 30 April
1955 the Imperial Bank of India became
the State Bank of India. The Govt. of India
recently acquired the Reserve Bank of
India's stake in SBI so as to remove any
conflict of interest because the RBI is the
country's banking regulatory authority.
Offices of the Bank of BengalIn 1959 the
Government passed the State Bank ofIndia (Subsidiary Banks) Act, enabling the
State Bank of India to take over eight
former State-associated banks as its
subsidiaries. On Sept 13, 2008, State
Bank of Saurashtra, one of its Associate
Banks, merged with State Bank of India.
SBI has acquired local banks in rescues.
For instance, in 1985, it acquired Bank of
Cochin in Kerala, which had 120
branches. SBI was the acquirer as its
affiliate, State Bank of Travancore, already
had an extensive network in Kerala.
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1.4Research Objective Of The Study
The objective of the study is as follows
To assess the satisfaction level of
employees at SBI bank, Bajaj Allianz, hill
Metals, Utkal Automobile.
To identify the factors which influence
the job satisfaction of employees.
To identify the factors which will
improves the satisfaction level of
employees.
To know the employee satisfaction
towards the facilities.
To offer valuable suggestions to improve
the satisfaction level of employees.
To find out the gaps between satisfaction
level and dissatisfaction level and its
influence in employee turnover.
1.5 Scope Of The ResearchThis study examines the prospects of
employees at SBI bank, Bajaj Allianz, Hill
Metals, Utkal automobile, particularly the
relationship between the level of job
satisfaction and work commitment among
the employees assigned at SBI bank, Bajaj
Allianz, hill metals, and Utkal automobile
in Bhubaneswar city.
This study emphasis in the following
scope:
To identify the employees level of
satisfaction upon that job.
This study is helpful to that organizationfor conducting further research.
It is helpful to identify the employers
level of satisfaction towards welfare
measure.
This study is helpful to the organization
for identifying the area of dissatisfaction
of job of the employees. This study helps to make a managerial
decision to the company.
1.6 Process of the research
The following steps were followed during
the research work in the given sequence.
Identifying and defining the actual
problem in hand.
Defining the objectives clearly.
Planning the research design.
Selecting a research technique.
Selecting a sampling procedure.
Collecting the data.
Analyzing and evaluating the Data.
Finding the inferences.
Putting forward the suggestions andconclusion
1.7 LIMITATIONS OF THE STUDY
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Data collected is based on questionnaire.
The research exercise was conducted
within a limited duration. So a detailed
study could not be made.
The numbers of employees are more, so
sample size is limited by 100.
The information collected by the
observation method is very limited.
The result would be varying according to
the individuals as well as time.
Some respondents hesitated to give the
actual situation; they feared that
management would take any action
against them
The findings and conclusions are based
on knowledge and experience of the
respondents sometime may subject to
bias
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1.8 PROGRESS REPORT
.
o
pha
se
Duration
Details
1.
1s
t
Dece
mber
10
24,
2009
Selecting theManagementthesis-1 titleby discussingwith thefacultysupervisor
2
.
2n
d
Januar
y 01
9,
2010
Gathering of
informationfrom thecustomerdata basethroughdifferentmodels
3.
3r
d
Januar
y 09 14,
2010
Preparationof thequestionnaire
4.
4t
h
Januar
y 14 22,
2010
Collectingthe data onthe basis ofquestionnaire
5.
5t
h
January 25 -
29,
2010
InterimEvaluation
6 6t
h
&
7
t
h
Febru
ary 15
March
5
Data
Analysis &
Findings of
Study
7 8th
March811
FinalEvaluation
8 9 March End of MT-II
H11-15
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1.9 Structure Of The Thesis Report
The study is structured into eight
chapters organized to present the study
utilizing a methodology that allows it to
flow from a basic introduction to
empirical findings. Table 1.1 below
displays the organization of the study.
This research introduces the study and
sets the focus and direction to be taken
to for an empirical study exploring
nominally researched or unrehearsed
areas of service quality. The chapter
focuses upon giving the reader an
overview of the studys development.
Table 1.1 Organization of the Study
Chapter I The research context
Chapter II Literature review
Chapter 3 Theoretical framework
Chapter 4 Research design and methodology
Chapter 5 Discussion of data analysis
Chapter 6 Results and analysis of findings
Chapter 7 Suggestion and recommendations
Chapter 8 Conclusion
Chapter OneThis chapter includes the introduction of
the research, some general background of
the research, research objectives and
limitations. The research process and a
report overview are also provided to guide
the direction of the whole thesis report.
Chapter Two
Chapter two provides a framework to help
describe theoretical concepts of service
quality dimensions and related
terminology. It also forms the delimitation
and the basis of analysis and conclusion it
attempts to provide a holistic view by
integrating isolated concepts within the
field of service quality in an embedded
structure. Consequently it forms the
initial theoretical foundation for analysis,
interpretation and reflection.
Chapter Three Chapter three provides theliterature review that throws some light
on the history of the researches done on
the service quality and related areas.
Chapter four Chapter four highlights themethodology followed during the
research work. This section brings how
the enquiry was carried out, interviews
were carried out and the design of
questionnaire. A survey using the
SERVQUAL questionnaire method with a
sample size of around 100 will be utilized
in the survey. The SERVQUAL method
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typically measures the service quality of
any service organization with respect to
five dimensions i.e. Tangible, Reliability,
Responsiveness, Assurance and Empathy.
Chapter five: Chapter five contains theanalysis of data collected during the data
collection stage.
Chapter six: Chapter six lists theinferences and findings from the data
analysis.
Chapter seven: This chapter puts forwardthe suggestions and recommendations
obtained from the study.
Chapter Eight: This chapter concludes theresearch process with the conclusionsfrom the research. It also briefly describesthe implications of the findings of theresearch work.
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Structure Of The Thesis Report
Chapter I: The research context
Chapter- II : Literature review
Chapter-III: Theoretical framework
Chapter-VI: Results and analysis offindings
Chapter-IV: Research design and
methodology
Chapter-VII: conclusion
Conceptual
development
Chapter-V: Discussion of data analysis
Chapter-VII:Suggestion and
recommendations
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EVIEW OF LITERATURE
Job satisfaction represents the
constellations of persons attitude
towards or about the job. In general, job
satisfaction is the attitude towards the job
as a whole. Job satisfaction is a function
of satisfaction with different aspects of
job, i.e. supervision, pay, works itself, co-
workers, promotion, etc., and of the
particular weighting or importance one
attaches to these respective components.
The study of job satisfaction is a relatively
recent phenomenon. It can perhaps be
said to have begun in earnest with the
famous Hawthorne studies conducted by
Elton Mayo at the western Electronic
Company in 1920s during the course of
investigations. However they become
convinced that factors of a social nature
were affecting satisfaction with the job
and productivity. Since the Hawthorne
studies there has been an enormous
output of work on the nature, causes and
correlates of job satisfaction. The
traditional model of job satisfaction is
that it consists of the total body of
feelings that an individual has about his
job. This total body of feelings involves,
in effect, weighting up the sum total of
influences of the job, the nature of job
itself, the pay, the promotion. The
promotion prospects, the nature of
supervision and so on. Where the sum
total of influences gives rise to feelings of
satisfactions the individual is job
satisfied.
Where in total they give rise to feelings
of job dissatisfaction the individual is job
dissatisfied. Improving any one of these
influences will lead in the direction of job
satisfaction, making less satisfactory any
one of the influences will lead in the
direction of the job dissatisfaction.
However, what makes a job satisfying
does not depends only on the nature of
the job, but on the job expectations that
individuals have of what their job should
provide. Expectancy theory points to the
importance of the individuals
expectations of his job in determining job
satisfaction. For individuals who have
expectations that their job should give
them opportunities for pay, challenge, a
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failure of the job to meet this expectation
will lead to dissatisfaction compared to a
situation where no such expectation is
involved. What expect expectation of
individuals will have of a job may vary.
For a large number of reasons, some
deriving form social others from
individual causes. These proposing an
expectancy theory usually regarded over
all job satisfaction as a function of
satisfaction with various elements of the
job. Another theory that has dominated
the study of the nature of job satisfaction
is Herzbergs famous Two factory
Theorys of job satisfaction. In this he
claims that the factors which cause job
satisfaction are separate and distinct from
the factors which job dissatisfaction. The
factors causing job satisfaction, which
level factors such as there relating to
satisfaction with the job itself. The factors
which cause job dissatisfaction called
hygiene factors are more concerned with
conditions of work such as pay and
supervision. At no time does Herzberg
argue a job satisfactory, except may be
for a short run.
Philip apple while has listed five major
components of job satisfaction as,
1. Attitude towards work group.
2. General workings conditions.
3. Attitude towards company.
4. Monetary benefits and
5. Attitude towards supervision
Other components that should be added
to these five are the individuals state of
mind about the work itself and about life
in general. The individuals health, age,
level of aspiration, social status and
political and social activities can all
contribute to job satisfaction.
A person attitude toward the job may be
positive or negative. Job satisfaction is
not synonymous with organizational
morale, which is the possession of felling
of being accepted by and belonging to a
group of employees through adherence to
common goals and confidence in
desirability of these goals. Morale is the
byproduct of a group, while job
satisfaction is more of an individual stage
of mind.
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form those that determine whether he or
she is motivated. The level of satisfaction
is largely determined by the comforts
offered by the environment and situation.
Motivation on the other hand, is largely
determined by the value of rewards and
their contingency on performance.
Motivation results is added effort that is
turn leads to increased performance if the
individual has the ability and result of
high satisfaction is increased commitment
to the organized which may or may not
result is better performance. The
increased commitment normally will
lessen the number of personnel related
problems, Such as strikes, excessive
absenteeism, tardiness and turnover.
The industrial and business sectors of
various countries specially developing
countries including Pakistan (where per
capita income is very low) are facing the
problem of job dissatisfaction among the
employees and high rate of turnover. JOBSATISFACTION is regard to ones feelingor state of mind regarding the nature of
their work. Job satisfaction can be
influenced by variety of factors such as
kind of supervision, organization policies
& administration, salary & quality of life
etc.
Employers have a need to keep employee
from leaving and going to work for other
organizations. The best way of retaining
employees is to provide the job
satisfaction and opportunities to build up
their careers.The good hope is hard to
find, is even truer these days than ever
before because the job market in
becoming increasingly tight. (Eskildesen,Hammer)
Theresa gave the study to examine the job
satisfaction and intent to turnover using
the co relational design. He takes the
sample (n = 107) consist of direct
support professional who worked for non
profit organization located in South
Carolina that served People with
disabilities development. Two instruments
were utilized that measure the overall
(Specter job satisfaction) and facet job
satisfaction and intent to turnover
(Michigan Organizational Assessment
Questionnaire). Demographic information
regarding age and tenure were examined.
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Data analysis includes descriptive and
inferential statistics. The result from the
study suggests that there is a significant
and negative correlation between job
satisfaction and intent to turnover. It was
demonstrated that tenure is related to job
satisfaction and having positive & low
relation. There was little evidence that
suggest that age was significantly related
to either job satisfaction or intent to
turnover. Theresa take sample from
single organization which in non profit
organization. The non profit
organizations are some extent running by
the charity & donation and the
remunerations for the employees in such
organizations are low.1
Bhatti & Qureshi collect the information
regarding the Name of organization, Life
of organization in years, Number of
employee, Employee participation, Job
satisfaction, Employee commitment &
Employee Productivity from the first line
managers and their immediate bosses.
The Managers were given a questionnaire
1TheresaRicke-Kely.USA
and were asked to give the answer at their
best knowledge with reference to working
conditions in their organization.
Questionnaire was divided in to two
portions. First line manager had to
answer the question regarding name of
organization, life of organization, number
of employees, employee participation,
and job satisfaction and employee
commitment. While the immediate bosses
was to answer the question from the
portion of employee productivity.
The questionnaire consists on
relationship among job satisfaction,
employee commitment, and employee
productivity. They used Likard scale
questionnaire. They take sample from
communication sector, banking sector
and oil & gas sector of Pakistan. 34
organizations were selected for study.
They measured job satisfaction by using
the variables, employee productivity,
employee commitment and employee
participation and their hypothetical
research found strong and positive
relationship between the job satisfaction
and mentioned variables. The finding
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suggests that management of
organization should increase the
satisfaction among employees with
compensation, policies and working
conditions in order to attain high level of
employee commitment and reduce
turnover.2
The sample size was not enough to reflect
image of the organizations functioning in
Pakistan. Data collection method for
research is very common. Other methods
could have been used for this research
study like group discussion / discussion
forum.
The late 1920s one of the first studies of
job satisfaction undertaken by Mayo &
Hawthorne. This study referred to &
focused on employee attitude and its
impact on production levels. The study
highlighted that employees & workers
develop their own perceptions of the work
situation and the social environment,
which affects their attitudes towards their
work. The findings of the study provided
consistent results with the observations
2KomalKhalidBhatti&TahirMasoodQureshi.
of Taylor in 1911, that individual workers
wants economic incentives/monetary
rewards and are willing to work harder for
it. He used the global approach to
measure job satisfaction. The study found
that 88% of the surveyed were classified
as being satisfied, and there was a direct
linear relationship between occupational
level and job satisfaction3
This section examines the literature
regarding theories and models used to
explain the determinants of job
satisfaction. There are two broad
categories to classify job satisfaction
theories, that is, process and contenttheories.
Content theories are predominantlyconcerned with the identification of
specific needs or motives most conducive
to job satisfaction. The Maslows Need
Hierarchy and Herzbergs Two-Factor
theory are examples of content theories.
Process theories go further thanidentifying basic needs that motivate
3Mayo & Hawthorne study
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people. They focus on the individuals
dynamic thought processes and how they
produce certain types of
behavior/attitudes.
Equity Theory, Need-Fulfillment Theory,
Social Comparison Theory, Facet-
Satisfaction Model, Job Characteristics
Model.
To better understand employee attitudes
and motivation, Frederick Herzberg
performed studies to determine which
factors in an employee's work
environment caused satisfaction or
dissatisfaction. The studies included
interviews in which employees where
asked what pleased and displeased them
about their work. Herzberg found that the
factors causing job satisfaction were
different from that causing job
dissatisfaction. He developed the
motivation-hygiene theory to explainthese results. He called the satisfiers
motivators and the dissatisfies hygiene
factors, using the term "hygiene" in the
sense that they are considered
maintenance factors that are necessary to
avoid dissatisfaction but that by
themselves do not provide satisfaction.
He describes that factors leads to job
satisfaction are Achievement,
Recognition, Work itself, Responsibility,
Advancement and Growth and the factors
which leads to dissatisfaction are
Company policy, Supervision, Relationship
with Boss, Work conditions, Salary,
Relationship with co workers
Herzberg argued that management not
only must provide hygiene factors to
avoid employee dissatisfaction, but also
must provide factors intrinsic to the work
itself in order for employees to be
satisfied with their jobs. 4
The two-factor result is observed because
it is natural for people to take credit for
satisfaction and to blame dissatisfaction
on external factors. Furthermore, job
satisfaction does not necessarily create a
high level of motivation or productivity.
Herzberg's theory has been broadly read
and despite its weaknesses. True
motivation comes from within a person
4-Frederick Herzberg 1959
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and not from KITA factors (Kicks in the
Pants).
Maslow suggested that there exists a
hierarchy of human needs, commencing
with physiological needs then safety,
social, esteem and at last self
actualization need. He says that these
needs must be satisfied in the order
listed. Maslow's theory says, there are
some important implications for
management. There are opportunities to
motivate employees and provide them job
satisfaction through management style,
job design, company events, and
compensation packages.5
Physiological needs provide lunch breaks,
rest breaks, and wages that are sufficient
to purchase the essentials of life. Safety
needs provide a safe working
environment, retirement benefits, and job
security. Social needs create a sense of
community via team-based projects and
social events. Esteem needs recognize
achievements to make employees feel
5- Maslow 1943
appreciated and valued. Offer job titles
that convey the importance of the
position. Self-Actualization provides
employees a challenge and the
opportunity to reach their full career
potential
2.1 Definitions of job satisfaction
I have There are a plethora of definitions
of job satisfaction, some of which are
contradictory in nature. Spector (1997)
refers to job satisfaction in terms of how
people feel about their jobs and different
aspects of their jobs. Ellickson and
Logsdon(2002) support this view by
defining job satisfaction as the extent to
which employees like their work.
Schermerhorn (1993) defines job
satisfaction as an affective or emotional
response towards various aspects of an
employees work. The author emphasizes
that likely causes of job satisfaction
include status, supervision, co-worker
relationships, job content, remuneration
and extrinsic rewards, promotion and
physical conditions of the work
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environment, as well as organizational
structure.
Similarly, Mc Namara (n.d.) points out that
job satisfaction refers to an individuals
feeling or state of mind giving heed to the
nature of the individuals work. The
author further explains that job
satisfaction can be influenced by a
diversity of job dimensions, inter alia, the
quality of the employees relationship
with their supervisor, the status of the
physical environment in which the
individual works, degree of fulfillment in
work.
In direct contrast, Rue and Byars (1992)
refer to job satisfaction as an individuals
mental state about the job. Robbins et al.
(2003) add that an individual with high
job satisfaction will display a positive
attitude towards their job, and the
individual who is dissatisfied will have a
negative attitude about the job. This
definition is expanded by Greenberg and
Baron (1995) who define job satisfaction
as an individuals cognitive, affective and
evaluative reactions toward their jobs.
According to Coster (1992 cited in
Sempane, Rieger & Roodt, 2002), the
work itself could have an effect on the
total quality of life of the employee.
Schneider and Snyder (1975 cited in
Sempane et al., 2002) conclude job
satisfaction is an individuals personal
assessment of conditions prevalent in the
job, thus evaluation occurs on the basis
of factors, which they regard as important
to them.
2.2 Evaluation of Literature Review.
I have read almost 14 articles &
theories about my topic and discussed
some of them which were easy to
understand for me. The Source which I
used for study was internet. The literature
review given above is easy to understand
and covered findings of home (Orissa and
India) and abroad researcher also. At the
end of every researchers finding the
criticism on their research is also given in
such a comprehensive manner that it
shows the clear picture of all findings and
lacking area of research. I used the way
which attract the readers and tried to
carry them till end. The variables used by
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the researchers are discussed in detail
and their dependency & impact on
problem. Some researcher used single
variable to check the job satisfaction and
some use two or more. I discussed both.
The review given tells that there are
many factors which influence the job
satisfaction in an organization but in India
are remunerations and monetary rewards
as the research work done by Komal
Khalid Bhatti & Tahir Masood Qureshi.
The literature shows the clarity and
accuracy. It provides the base for further
working and having complete knowledge
about the topic that what has been done
in the field so far. I tried to avoid the
reputation of statements and convey the
whole story in short wordings.
The bad factor of my literature review is
that I have only discussed three
researches & Theories but that was only
because of shortage of time and
restrictions. I have chosen these three
because I felt that these three are relevant
to my topic.
A study on job satisfaction among
workers in chemical unit (M/S. Shri Veeco
Chems Corporation, CBE) Done by Mr.
C.M. RAVIKUMAR (MBA project) in the year
1985.
The techniques used by the Researcher
for analyzing the data were personal
interview. The Researcher interviewed
sixty workers on the basis of sex, age,
educational qualification, experience,
monthly income, marital status and family
income. The tools adopted by the
Researcherwas percentage method of
tabulation to find job satisfaction.
A study on job satisfaction among bank
officers in State Bank of India, Jabalpur
none by Mr. S. NAREND in his MBA
project, in the year 1990.
The techniques used by the Researcher
for analyzing the data were through
questionnaire method. The Researcher
interviewed forty respondents on the
basis of sex, age, educational
qualification, experience, monthly
income, marital status and family income.
The tools adopted by the Researcher were
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average scoring and two-way table
method to find out job satisfaction.
A study on job satisfaction of Tea
Plantation Workers with special reference
to Sheikalmudi Estate, Valparai Taluk,
done by Mr.K.Madhu, In the year 1986
(M.Com project).
The techniques used by the Researcher
for analyzing the data were through
questionnaire and personal interview
method. The Researcher interviewed sixty
respondents on the basis of sex, age,
educational qualification, experience,
monthly income, marital status and family
income. The tools adopted by the
researcher were average scoring and two-
way table method. The hypothesis was
tested through chi-squire test and
correlation to find out job satisfaction.
The researcher had made previous study
on job satisfaction in various areas.
Additional to these theory I had collected
data from the below definitions and
research
2.1 Summary of Literature Review.
The chapter introduced the concept of
job satisfaction and highlighted the
different motivational theories relating to
job satisfaction. Furthermore, it sought to
provide an overview of the literature
pertaining to job satisfaction antecedents,
whereby personal determinants and
organizational factors impacting on job
satisfaction were discussed. In terms of
the job satisfaction antecedents and job
satisfaction consequences, various areas
where research has been conducted have
been referred to. From the literature
review it is evident that job satisfaction is
a phenomenon that has been extensively
researched and is of significant
importance to employees and managers
alike. In this regard, the literature
concludes with the relevance of job
satisfaction on the physical and
psychological health of employees and
the effect it has on productivity, turnover
and absenteeism.
The industrial and business sectors of
various countries especially developing
countries including India (where per
capita income is very low) are facing the
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problem of job dissatisfaction among the
employees which is causing the less
productivity, less job commitment, and
increasing turnover.
Employers have a need to keep
employee from leaving and going to work
for other organizations. The best way of
retaining employees is to provide the job
satisfaction and opportunities to build up
their careers.
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THEORETICAL FRAMEWORK3.1 INTRODUCTION
Human life has become very complex and
completed in now-a-days. In modern
society the needs and requirements of the
people are ever increasing and ever
changing. When the people are ever
increasing and ever changing, when the
peoples needs are not fulfilled they
become dissatisfied. Dissatisfied people
are likely to contribute very little for any
purpose. Job satisfaction of industrial
workers us very important for the industry
to function successfully.
Apart from managerial and technical
aspects, employers can be considered as
backbone of any industrial development.
To utilize their contribution they should
be provided with good working conditions
to boost their job satisfaction. Any
business cab achieve success and peace
only when the problem of satisfaction and
dissatisfaction of workers are felt
understood and solved, problem of
efficiency absenteeism labour turnover
require a social skill of understanding
human problems and dealing with them
scientific investigation serves the purpose
to solve the human problems in the
industry.
a) Pay.
b) The work itself.
c) Promotion
d) The work group.
e) Working condition.
f) Supervision.
PAYWages do play a significant role in
determining of satisfaction. Pay is
instrumental in fulfilling so many needs.
Money facilities the obtaining of food,
shelter, and clothing and provides the
means to enjoy valued leisure interest
outside of work. More over, pay can serve
as symbol of achievement and a source of
recognition. Employees often see pay as a
reflection of organization. Fringe benefits
have not been found to have strong
influence on job satisfaction as direct
wages.
THE WORK ITSELFAlong with pay, the content of the work
itself plays a very major role in
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people are require to work long hours and
/ or overtime, they will have very little felt
for their families, friends and recreation
outside
3.2 HISTORY OF JOB SATISFACTIONThe term job satisfaction was brought to
lime light by hoppock (1935). He revived
35 studies on job satisfaction conducted
prior to 1933 and observes that Job
satisfaction is combination of
psychological, physiological and
environmental circumstances. That causes
a person to say. I m satisfied with my
job. Such a description indicate the
variety of variables that influence the
satisfaction of the individual but tell us
nothing about the nature of Job
satisfaction.
Job satisfaction has been most aptly
defined by pestonjee (1973) as a job,
management, personal adjustment &
social requirement. Morse (1953)
considers Job satisfaction as dependent
upon job content, identification with the
co., financial & job status & priding group
cohesiveness
One of the biggest preludes to the study
of job satisfaction was the Hawthorne
study. These studies (1924-1933),
primarily credited to Elton Mayo of the
Harvard Business School, sought to find
the effects of various conditions (most
notably illumination) on workers
productivity.
These studies ultimately showed that
novel changes in work conditions
temporarily increase productivity (called
the Hawthorne Effect). It was later found
that this increase resulted, not from the
new conditions, but from the knowledge
of being observed.
This finding provided strong evidence
that people work for purposes other than
pay, which paved the way for researchers
to investigate other factors in job
satisfaction.
Scientific management (aka Taylorism)
also had a significant impact on the study
of job satisfaction. Frederick Winslow
Taylors 1911 book, Principles of
Scientific Management, argued that there
was a single best way to perform any
given work task. This book contributed to
http://en.wikipedia.org/wiki/Elton_Mayohttp://en.wikipedia.org/wiki/Harvard_Business_Schoolhttp://en.wikipedia.org/wiki/Hawthorne_Effecthttp://en.wikipedia.org/wiki/Scientific_managementhttp://en.wikipedia.org/wiki/Taylorismhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Frederick_Winslow_Taylorhttp://en.wikipedia.org/wiki/Taylorismhttp://en.wikipedia.org/wiki/Scientific_managementhttp://en.wikipedia.org/wiki/Hawthorne_Effecthttp://en.wikipedia.org/wiki/Harvard_Business_Schoolhttp://en.wikipedia.org/wiki/Elton_Mayo -
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a change in industrial production
philosophies, causing a shift from skilled
labor and piecework towards the more
modern approach of assembly lines and
hourly wages.
The initial use of scientific management
by industries greatly increased
productivity because workers were forced
to work at a faster pace. However,
workers became exhausted and
dissatisfied, thus leaving researchers with
new questions to answer regarding job
satisfaction.
It should also be noted that the work of
W.L. Bryan, Walter Dill Scott, and Hugo
Munsterberg set the tone for Taylors
work.
Some argue that Maslows hierarchy of
needs theory, a motivation theory, laid
the foundation for job satisfaction theory.
This theory explains that people seek to
satisfy five specific needs in life
physiological needs, safety needs, social
needs, self-esteem needs, and self-
actualization. This model served as a
good basis from which early researchers
could develop job satisfaction theories.
3.3 IMPORTANCE OF JOB SATISFACTION Job satisfaction is an important indicator
of how employees feel about their job and
a predictor of work behavior such as
organizational, citizenship,
Absenteeism, Turnover.
Job satisfaction can partially mediate the
relationship of personality variables and
deviant work behavior.
Common research finding is that job
satisfaction is correlated with life style.
This correlation is reciprocal meaning the
people who are satisfied with the life
tends to be satisfied with their jobs and
the people who are satisfied their jobs
tends to satisfied with their life.
This is vital piece of information that is
job satisfaction and job performance is
directly related to one another. Thus it
can be said that, A happy worker is a
productive worker.
It gives clear evidence that dissatisfied
employees skip work more often and
more like to resign and satisfied worker
likely to work longer with the
organization.
3.4 IMPORTANCE TO WORKER ANDORGANIZATION
http://en.wikipedia.org/wiki/Pieceworkhttp://en.wikipedia.org/wiki/Assembly_lineshttp://en.wikipedia.org/wiki/Hourly_wagehttp://en.wikipedia.org/wiki/Walter_Dill_Scotthttp://en.wikipedia.org/wiki/Hugo_M%C3%BCnsterberghttp://en.wikipedia.org/wiki/Hugo_M%C3%BCnsterberghttp://en.wikipedia.org/wiki/Maslow%E2%80%99s_hierarchy_of_needshttp://en.wikipedia.org/wiki/Maslow%E2%80%99s_hierarchy_of_needshttp://en.wikipedia.org/wiki/Maslow%E2%80%99s_hierarchy_of_needshttp://en.wikipedia.org/wiki/Maslow%E2%80%99s_hierarchy_of_needshttp://en.wikipedia.org/wiki/Hugo_M%C3%BCnsterberghttp://en.wikipedia.org/wiki/Hugo_M%C3%BCnsterberghttp://en.wikipedia.org/wiki/Walter_Dill_Scotthttp://en.wikipedia.org/wiki/Hourly_wagehttp://en.wikipedia.org/wiki/Assembly_lineshttp://en.wikipedia.org/wiki/Piecework -
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Job satisfaction and occupational success
are major factors in personal satisfaction,
self-respect, self-esteem, and self-
development. To the worker, job
satisfaction brings a pleasurable
emotional state that can often leads to a
positive work attitude. A satisfied worker
is more likely to be creative, flexible,
innovative, and loyal.
For the organization, job satisfaction
of its workers means a work force that is
motivated and committed to high quality
performance. Increased productivity- the
quantity and quality of output per hour
worked- seems to be a byproduct of
improved quality of working life. It is
important to note that the literature on
the relationship between job satisfaction
and productivity is neither conclusive nor
consistent.
However, studies dating back to
Herzbergs (1957) have shown at least
low correlation between high morale and
high productivity and it does seem logical
that more satisfied workers will tend to
add more value to an organization.
Unhappy employees, who are
motivated by fear of loss of job, will not
give 100 percent of their effort for very
long. Though fear is a powerful motivator,
it is also a temporary one, and also as
soon as the threat is lifted performance
will decline.
Job satisfaction benefits the
organization includes reduction in
complaints and grievances, absenteeism,
turnover, and termination; as well as
improved punctuality and worker morale.
Job satisfaction is also linked with a
healthier work force and has been found
to be a good indicator of longevity.
Although only little correlation has
been found between job satisfaction and
productivity, Brown (1996) notes that
some employers have found that
satisfying or delighting employees is a
prerequisite to satisfying or delighting
customers, thus protecting the bottom
line.
3.5 WORKERS ROLE IN JOB SATISFACTION
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If job satisfaction is a worker benefit,
surely the worker must be able to
contribute to his or her own satisfaction
and well being on the job. The following
suggestions can help a worker find
personal job satisfaction: Seek
opportunities to demonstrate skills and
talents. This often leads to more
challenging work and greater
responsibilities, with attendant increases
in pay and other recognition. Develop
excellent communication skills.
Employers value and rewards excellent
reading, listening, writing and speaking
skills.
Know more. Acquire new job related
knowledge that helps you to perform
tasks more efficiently and effectively. This
will relive boredom and often gets one
noticed. Demonstrate creativity and
initiative. Qualities like these are valued
by most organizations and often results
in recognition as well as in increased
responsibilities and rewards. Develop
teamwork and people skills. A large part
of job success is the ability to work well
with others to get the job done.
Accept the diversity in people. Accept
people with their differences and their
imperfections and learn how to give and
receive criticism constructively. See the
value in your work. Appreciating the
significance of what one does can lead to
satisfaction with the work itself. This help
to give meaning to ones existence, thus
playing a vital role in job satisfaction.
Learn to de-stress. Plan to avoid burn out
by developing healthy stress management
techniques.
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2.6 FACTORS OF JOB SATISFACTIONHoppock, the earliest investigator in this
field, in 1935 suggested that there are six
major components of job satisfaction.
These are as under:
The way the individual reacts to
unpleasant situations,
The facility with which he adjusted
himself with other person
The relative status in the social and
economic group with which he identifies
himself
The nature of work in relation to abilities,
interest and preparation of worker
Security
Loyalty
Herberg, mausaer, Peterson and capwell
in 1957 reviewed more than 150 studies
and listed various job factors of job
satisfaction. These are briefly defined one
by one as follows:
1. Intrinsic aspect of jobIt includes all of the many aspects of the
work, which would tend to be constant for
the work regardless of where the work
was performed.
2. SupervisionThis aspect of job satisfaction pertains to
relationship of worker with his immediate
superiors. Supervision, as a factor,
generally influences job satisfaction.
3. Working conditionsThis includes those physical aspects of
environment which are not necessary a
part of the work. Hours are included this
factor because it is primarily a function of
organization, affecting the individuals
comfort and convenience in much the
same way as other physical working
conditions.
4. Wage and salariesThis factor includes all aspect of job
involving present monitory remuneration
for work done.
5. Opportunities for advancementIt includes all aspect of job which
individual sees as potential sources of
betterment of economic position,
organizational status or professional
experience.
6. SecurityIt is defined to include that feature of job
situation, which leads to assurance for
continued employment, either within the
same company or within same type of
work profession.
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7. Company managementIt includes the aspect of workers
immediate situation, which is a function
of organizational administration and
policy. It also involves the relationship of
employee with all company superiors
above level of immediate supervision.
8. Social aspect of jobIt includes relationship of worker with the
employees specially those employees at
same or nearly same level within the
organization.
9. CommunicationIt includes job situation, which involves
spreading the information in any direction
within the organization. Terms such as
information of employees status,
information on new developments,
information on company line of authority,
suggestion system, etc, are used in
literature to represent this factor.
10. BenefitsIt includes those special phases of
company policy, which attempts to
prepare the worker for emergencies,
illness, old age, also. Company
allowances for holidays, leaves and
vacations are included within this factor.
3.7 REASONS OF LOW JOB SATISFACTIONReasons why employees may not becompletely satisfied with their jobs:
1. Conflict between co-workers.
2. Conflict between supervisors.
3. Not being opportunity paid for what they
do.
4. Have little or no say in decision making
that affect employees.
5. Fear of loosing their job.
3.8 EFFECTS OF LOW JOBSATISFACTION
1. HIGH ABSENTEEISMAbsenteeism means it is a habitual
pattern of absence from duty or
obligation.
If there will be low job satisfaction
among the employees the rate of
absenteeism will definitely increase and it
also affects on productivity of
organization.
In the above diagram line AB shows
inverse relationship between job
satisfaction and rate of turn over and rate
of absenteeism.
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As th job satisfaction is high the rate of
both turn over and absenteeism is low
and vise a versa.
2.HIGH TURNOVERIn human resource refers to
characteristics of a given company or
industry relative to the rate at which an
employer gains and losses the staff.
If the employer is said to be have a
high turnover of employees of that
company have shorter tenure than those
of other companies.
3.TRAINING COST INCREASESAs employees leaves organization due to
lack of job satisfaction. Then Human
resource manager has to recruit new
employees. So that the training
expenditure will increases.
2.9 INFLUENCES ON JOB SATISFACTION
here are no. of factors that influence job
tisfaction. For example, one recent study even
und that if college students majors coincided
th their job , this relationship will predicted
bsequent job satisfaction. However, the main
influences can be summarized along with the
dimensions identified above.
The work itselfThe concept of work itself is a major
source of satisfaction. For example,
research related to the job characteristics
approach to job design, shows that
feedback from job itself and autonomy
are two of the major job related
motivational factors. Some of the most
important ingredients of a satisfying job
uncovered by survey include interesting
and challenging work, work that is not
boring, and the job that provides status.
PayWages and salaries are recognized to be a
significant, but complex,
multidimensional factor in job
satisfaction. Money not only helps people
attain their basic needs but even need
satisfaction. Employees often see pay as a
reflection of how management view their
contribution to the organization. Fringe
benefits are also important.
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If the employees are allowed some
flexibility in choosing the type of benefits
they prefer within a total package, called
a flexible benefit plan, there is a
significant increase in both benefit
satisfaction and overall job satisfaction.
PromotionsPromotional opportunities are seem to be
have a varying effect on job satisfaction.
This is because of promotion take
number of different forms.
WHAT IS THE IMPACT OF JOBSATISFACTION?Many managers subscribe to the belief
that a satisfied worker is necessarily good
worker. In other words, if management
could keep the entire workers happy,
good performance would automatically
fallow. There are two propositions
concerning the satisfaction performance
relation ship. The first proposition, which
is based on traditional view, is that
satisfaction is the effect rather than the
cause of performance. This proposition
says that efforts in a job leads to rewards,
which results in a certain level of
satisfaction .in another proposition, both
satisfaction and performance are
considered to be functions of rewards.
Various research studies indicate that to a
certain extent job satisfaction affects
employee turn over, and consequently
organization can gain from lower turn
over in terms of lower hiring and training
costs. Also research has shown an inverse
relation between job satisfaction and
absenteeism. When job satisfaction is
high there would be low absenteeism, but
when job satisfaction is low, it is more
likely to lead a high absenteeism.
What job satisfaction people need?Each employee wants:
1. Recognition as an individual
2. Meaningful task
3. An opportunity to do something
worthwhile.
4.Job security for himself and his family
5. Good wages
6. Adequate benefits
7. Opportunity to advance
8. No arbitrary action- a voice a matters
affecting him
9. Satisfactory working conditions
10. Competence leadership- bosses
whom he can admire and respect as
persons and as bosses.
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However, the two concepts are
interrelated in that job satisfaction can
contribute to morale and morale can
contribute to job satisfaction.
It must be remembered that satisfaction
and motivation are not synonyms.
Motivation is a drive to perform, where as
satisfaction reflects the individuals
attitude towards the situation. The factors
that determine whether individual is
adequately satisfied with the job differs
from those that determine whether he or
she is motivated. the level of job
satisfaction is largely determined by the
comfits offered by the environment and
the situation . Motivation, on the other
hand is largely determine by value of
reward and their dependence on
performance. The result of high job
satisfaction is increased commitment to
the organization, which may or may not
result in better performance.
A wide range of factors affects an
individuals level of satisfaction. While
organizational rewards can and do have
an impact, job satisfaction is primarily
determine by factors that are usually not
directly controlled by the organization. a
high level of job satisfaction lead to
organizational commitment, while a low
level, or dissatisfaction, result in a
behavior detrimental to the organization.
For example, employee who like their
jobs, supervisors, and the factors related
to the job will probably be loyal and
devoted. People will work harder and
derive satisfaction if they are given the
freedom to make their own decisions.
Theories
A number of theories exist on motivation,
which relate to job satisfaction. The
following chart describes the category,
theory and theme of that theory to
provide the relevant information in a brief
manner.
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MODELS OF JOB SATISFACTIONThere are various methods and theories
of measuring job satisfaction level of
employees in the organization given by
different authors.
List of all the theories and methods
measuring job satisfaction level is given
below:
A MODEL OF FACET SATISFACTION Affect theory(Edwin A. Locke 1976)
Dispositional Theory( Timothy A. Judge
1988)
Two-Factor Theory (Motivator-Hygiene
Theory) (Frederick Herzbergs)
Job Characteristics Model (Hackman &
Oldham) Rating scale
Personal interviews
action tendencies
Job enlargement
Job rotation
Change of pace
Scheduled rest periods
1 MODEL OF FACET OF JOB SATISFACTION
http://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Frederick_Herzberg -
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Fig no 2 M odel of determinant of facet ofjob satisfaction
Edward E.lawler in 1973 propoed a model
of facet satisfaction. This model is
applicable to understand what determines
a persons satisfaction with any facet of
job.
According to this model actual outcome
level plays a key role in a persons
perception of what rewards he recieves.
His perception influenced by his
perception of what his referent others
recieves. The higher outcome level of his
referent other the lower his outcome level
will appear. This model also focus on his
perception on reward level.
2 AFFECT THEORYEdwin A. Lockes Range of Affect Theory
(1976) is arguably the most famous job
satisfaction model. The main premise of
this theory is that satisfaction is
determined by a discrepancy between
what one wants in a job and what one has
in a job. Further, the theory states that
how much one values a given facet of
work (e.g. the degree of autonomy in a
position) moderates how
satisfied/dissatisfied one becomes when
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expectations are/arent met. When a
person values a particular facet of a job,
his satisfaction is more greatly impacted
both positively (when expectations are
met) and negatively (when expectations
are not met), compared to one who
doesnt value that facet. To illustrate, if
Employee A values autonomy in the
workplace and Employee B is indifferent
about autonomy, then Employee A would
be more satisfied in a position that offers
a high degree of autonomy and less
satisfied in a position with little or no
autonomy compared to Employee B. This
theory also states that too much of a
particular facet will produce stronger
feelings of dissatisfaction the more a
worker values that facet.
3.DISPOSITIONAL THEORY
Another well-known job satisfaction
theory is the Dispositional Theory it is a
very general theory that suggests that
people have innate dispositions that
cause them to have tendencies toward a
certain level of satisfaction, regardless of
ones job. This approach became a
notable explanation of job satisfaction in
light of evidence that job satisfaction
tends to be stable over time and across
careers and jobs. Research also indicates
that identical twins have similar levels of
job satisfaction.
A significant model that narrowed the
scope of the Dispositional Theory was the
Core Self-evaluations Model, proposed by
Timothy A. Judge in 1998. Judge argued
that there are four Core Self-evaluations
that determine ones disposition towards
job satisfaction: self-esteem, general
self-efficacy, locus of control, and
neuroticism. This model states that
higher levels of self-esteem (the value
one places on his self) and general self-
efficacy (the belief in ones own
competence) lead to higher work
satisfaction. Having an internal locus of
control (believing one has control over
her\his own life, as opposed to outside
forces having control) leads to higher job
satisfaction. Finally, lower levels of
neuroticism lead to higher job satisfaction
http://en.wikipedia.org/wiki/Self-esteemhttp://en.wikipedia.org/wiki/Self-efficacyhttp://en.wikipedia.org/wiki/Locus_of_controlhttp://en.wikipedia.org/wiki/Neuroticismhttp://en.wikipedia.org/wiki/Neuroticismhttp://en.wikipedia.org/wiki/Neuroticismhttp://en.wikipedia.org/wiki/Neuroticismhttp://en.wikipedia.org/wiki/Locus_of_controlhttp://en.wikipedia.org/wiki/Self-efficacyhttp://en.wikipedia.org/wiki/Self-esteem -
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4 TWO-FACTOR THEORY (MOTIVATOR-HYGIENE THEORY)
Frederick Hertzbergs Two-factor theory
(also known as Motivator Hygiene Theory)
attempts to explain satisfaction and
motivation in the workplace. This theory
states that satisfaction and dissatisfaction
are driven by different factors
motivation and hygiene factors,
respectively. Motivating factors are those
aspects of the job that make people want
to perform, and provide people with
satisfaction. These motivating factors are
considered to be intrinsic to the job, or
the work carried out.Motivating factors
include aspects of the working
environment such as pay, company
policies, supervisory practices, and other
working conditions.
While Hertzberg's model has stimulated
much research, researchers have been
unable to reliably empirically prove the
model, with Hackman & Oldham
suggesting that Hertzberg's original
formulation of the model may have been
a methodological artifactFurthermore, the
theory does not consider individual
differences, conversely predicting all
employees will react in an identical
manner to changes in motivating/hygiene
factors.. Finally, the model has been
criticised in that it does not specify how
motivating/hygiene factors are to be
measured]
5 JOB CHARACTERISTICS MODEL
Hackman & Oldham proposed the Job
Characteristics Model, which is widely
used as a framework to study how
particular job characteristics impact on
job outcomes, including job satisfaction.
The model states that there are five core
job characteristics (skill variety, task
identity, task significance, autonomy, and
feedback) which impact three critical
psychological states (experienced
meaningfulness, experienced
responsibility for outcomes, and
knowledge of the actual results), in turn
influencing work outcomes (job
satisfaction, absenteeism, work
motivation, etc.).
http://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Frederick_Herzberghttp://en.wikipedia.org/wiki/Two_factor_theoryhttp://en.wikipedia.org/wiki/Job_Characteristics_Modelhttp://en.wikipedia.org/wiki/Job_Characteristics_Modelhttp://en.wikipedia.org/wiki/Job_Characteristics_Modelhttp://en.wikipedia.org/wiki/Job_Characteristics_Modelhttp://en.wikipedia.org/wiki/Two_factor_theoryhttp://en.wikipedia.org/wiki/Frederick_Herzberg -
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6 MODERN METHOD OF MEASURING JOBSATISFACTION
In this method of measuring job
satisfaction the comparision between
various orgnizational terms and
conditions at managerial level and also
the orgnization at a large.
SATISFACTION WITH HUMAN RESOURCESMANAGEMENT POLICIES OF THEORGANIZATION:1. Management has a clear path for
employees advancement
2. Decisions are made keeping in mind
the good of the employees
3. Management is extremely fair in
personal policies
4. Physical working conditions are
supportive in attaining targets
5. I nnovativeness is encouraged to meet
business problems.
SATISFACTION WITH SUPERVISION
1. I feel I can trust what my supervisor
tells me
2. My supervisor treats me fairly and with
respect
3. My supervisor handles my work-related
issues satisfactorily
4. I get frequent appreciation of work
done from supervisors
5. I get enough support from the
supervisor
6.Individual initiative is encouraged
SATISFACTION WITH COMPENSATIONLEVELS1. Overall I am satisfied with the
companys compensation package
2. I am satisfied with the medical benefits
3. I am satisfied with the conveyance
allowance
4. I am satisfied with the retirement
benefits
5. I am satisfied with the reimbursement
of the expenses as per the eligibility
6. I am satisfied with the holiday
(vacation) eligibilities
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SATISFACTION WITH TASK CLARITY1. Management decisions are Ad Hoc and
lack professionalism (reverse scaled)
2. Rules and procedures are followed
uncompromisingly
3. My job responsibilities are well defined
and clear
SATISFACTION WITH CAREERDEVELOPMENT1. I have adequate opportunities to learn
and grow
2. I get opportunities to handle greater
responsibilities
3. My skills and abilities are adequately
used at work
From all above we can conclude level of
job satisfaction of our employees.
7 RATING SCALEIt is one of the most common methods of
measuring job satisfaction. The popular
rating scale used to measure Job
satisfaction is to include:
Minnesota Satisfaction Questionnaires: It
helps to obtain a clear picture of pertinent
satisfactions and dissatisfactions of
employees.
Job Description Index: it measures Job
satisfaction on the dimension identified
by Smith, Kendall, Hullin.
Porter Need Identification Questionnaires:
It is used only for management personnel
and revolves around the problems and
challenges faced by managers.
8 CRITICAL INCIDENTSFredrick Hertz berg and his Associates
popularized this method of measuring Job
satisfaction. It involves asking employees
to described incidents on job when they
were particularly satisfied or dissatisfied.
Then the incidents are analyzed in terms
of their contents and identifying those
related aspects responsible for the
positive and negative attitudes.
3.09 PERSONAL INTERVIEWS
This method facilitates an in-depth
exploration through interviewing of job
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attitudes. The main advantage in this
method is that additional information or
clarifications can be obtained promptly.
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RESEARCH DESIGN AND METHODOLOGY
In this section, the research
methodology is presented. In it, the
research method is discussed, followed by
the research type. The target population
and sample are defined and explained.
Thereafter the technique of data
collection is presented as well as the
credibility of the studied.
1 INTRODUCTION
Research refers to a search for
knowledge. It is a systematic method of
collecting and recording the facts in the
form of numerical data relevant to the
formulated problem and arriving at
certain conclusions over the problem
based on collected data.
Thus formulation of the problem is the
first and foremost step in the research
process followed by the collection,
recording, tabulation and analysis and
drawing the conclusions. The problem
formulation starts with defining the
problem or number of problems in the
functional area. To detect the functional
area and locate the exact problem is most
important part of any research as the
whole research is based on the problem.
According to Clifford Woody research
comprises defining and redefining
problems, formulating hypothesis or
suggested solutions: collecting,
organizing and evaluating data: making
deductions and reaching conclusions: and
at last carefully testing the conclusions to
determine whether they fit the
formulating hypothesis.
Research can be defined as the
manipulation of things, concepts or
symbols for the purpose of generalizing
to extend, correct or verify knowledge,
whether that knowledge aids in
construction of theory or in the practice
of an art
In short, the search for knowledge
through objective and systematic method
of finding solution to a problem is
research.
4.1 Research Method
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data, a questionnaire is used for
standardizing the data.
4.2 Research Design
A research design is considered as the
framework or plan for a study that guides
as well as helps the data collection and
analysis of data. The research design may
be exploratory, experimental for the
present study..
Research designs are the proced