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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