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Analyzing the Extents of the Factors Influential to the Level of Job Satisfaction: A Study on Bankers from Dhaka City’s Private Commercial Banks

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  • Tonmoy Dey
  • Shohel Md. Nafi
  • Masum Miah
  • Mohammad Maruf Uddin

Abstract

Job satisfaction depends on employees’ perception and attitude towards their job and the environment where their job belongs to. It is critical to the overall performance and profitability of the organization as there is a strong correlation between job satisfaction and employee motivation as well as productivity. The more satisfied an employee is the more productivity an organization can expect from him. This study is associated with some critical factors upon which job satisfaction mostly depends and the aim of the study is to analyze the extents of the factors influencing the level of job satisfaction with particular focus on bankers from Dhaka City’s Private commercial bank. The study has five dependent variables- working environment, supervision, pay and promotion, performance evaluation and relationship with coworkers. Job satisfaction is considered as the dependent variable. This study is empirical in nature and the overall research is based on both quantitative and qualitative statistical methods such as- Mean, Standard Deviation, Weighted Mean, and Pearson Correlation Analysis. Five hypotheses are tested to achieve overall objectives of the study using ANOVA. 200 employees from 39 private commercial banks within Dhaka city are used as the sample population for the study. After the analysis some recommendations are made for the stakeholders based on the findings with a view to providing some insights regarding job satisfaction and the factors influential to it. The insights of the study can practically be applied to Human Resource (HR) policy and decision making regarding effective HR management.

Suggested Citation

  • Tonmoy Dey & Shohel Md. Nafi & Masum Miah & Mohammad Maruf Uddin, 2019. "Analyzing the Extents of the Factors Influential to the Level of Job Satisfaction: A Study on Bankers from Dhaka City’s Private Commercial Banks," International Journal of Science and Business, IJSAB International, vol. 3(1), pages 72-83.
    • Handle: RePEc:aif:journl:v:3:y:2019:i:1:p:72-83
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    References listed on IDEAS

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    1. Freeman, Richard B, 1978. "Job Satisfaction as an Economic Variable," American Economic Review, American Economic Association, vol. 68(2), pages 135-141, May.
    2. Clark, Andrew E., 2001. "What really matters in a job? Hedonic measurement using quit data," Labour Economics, Elsevier, vol. 8(2), pages 223-242, May.
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