PERCEIVED ORGANIZATIONAL SUPPORT VERSUS COMPENSATION FOR EMPLOYEE'S SATISFACTION IN BANKS OF PAKISTAN
Journal Title: ACADEMIC JOURNAL OF SOCIAL SCIENCES - Year 2017, Vol 1, Issue 3
Abstract
Satisfied workforce is a prerequisite for the success of organizations. Current research focuses on finding a perfect way of keeping employees satisfied by comparing perceived organisational support and compensational reward in the banking sector of Pakistan. In order to fulfil this objective, data was gathered from 100% employees of each of the 72 branches which were selected by using simple random sampling technique. Survey based on structured questionnaire was made. 400 questionnaires were distributed out of which 347 were returned, quoting a response rate of 87%. In order to analyze gathered data, SPSS 21 was used. Pearson correlation and simple linear regression was used for testing hypotheses. Results displayed that both perceived organizational support and compensation play role in increasing job satisfaction but there is dominancy of one factor in this regard. Findings will not only enable banks to have satisfied employees but also satisfied customers.
Authors and Affiliations
NIMRA KAFEEL, NABILA KAUSAR, AIZA HUSSAIN RANA
Keywords
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