A Study on Factors Influencing Job Satisfaction of Employees in Banking Sector of India - An Investigation

Abstract

For any Organization, a satisfied human resource is an asset. Nowadays, business organizations are considering working force as the source of advantage which raises both tangible and intangible benefits for the concern. It is termed as employees’ satisfaction and well-being. This study examines various factors influencing job satisfaction of employees in the private banking sector. It includes 103 employees as samples selected from 9 private sector banks in South region (Tamil Nadu) of India using simple random sampling method. A structured questionnaire is used for collecting Primary data and was analyzed using the mean and chi-square test. This study mainly focused three categories of factors such as Personal Factors, Job Related Factors, and Organizational Factors. All the factors were given importance in a sequence. In demographic information of respondent employees, the results shows that there is a significant relationship between socio-economic and demographic variables such as Gender, Designation, Age, Experience, Work Status, Marital Status, Nature of Family, Number of Dependents, Income and job satisfaction; whereas, there is no significant relationship between Nature of the Job, Qualification and job satisfaction.