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    EXECUTIVE SUMMARY:

    "Basically,job satisfaction is about linking your job and finding fulfillment in what you

    do. We have done research on this wide topic of employees job satisfaction with a

    problem statement of, To study the relationship of Salary and challenging job

    Opportunities with the employees Job satisfaction. There are many factors that affect

    job satisfaction but here we are mainly dealing with the salary and challenging job

    opportunities. We have slightly manipulated these two variables and then checked the

    level of satisfaction after these manipulations. Our main objectives of this research were,

    to solve the problem stated and to give the recommendations to the organization that how

    can they increase the employees job satisfaction.

    We have used primary data i.e. from face to face interviews and observation and the

    questionnaires and thesecondary data from the books, journals, internet and newspapers.

    Employee satisfaction and retention have always been important issues and many authors

    had published their researches and so we find much material in this context in past

    studies which we have included in the literature review. Our theoretical framework

    includes one dependent variable Employees Job Satisfaction and two independent

    variablesi.e.;Salary and Challenging Job Opportunities. The type of research we have

    done was basic and nature of our study was descriptive. The researchers interference

    was minimal and work was continuing in the natural environment. Basically our

    population was all the employees doing jobs that involve some repetitive tasks. So we

    have taken an organization and selected a sample of 40 employees from that organization

    named as SHAHZAD INTERNATIONAL and thenby giving the questionnaires to the

    sample respondents in different departments of the organization, we gathered the required

    data, in form of the responses of employees.

    Then there were two hypotheses generated by us:

    1) Ho: Change in the salary will change the job satisfaction of employees in

    the same direction.

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    H1: Change in the salary will change the job satisfaction of employees in

    the opposite direction

    2) Ho: Change in the challenging job opportunities will change the job

    satisfaction of employees in the same direction.

    H1: Change in the challenging job opportunities will change job

    satisfaction of employees in the opposite direction.

    Both of the hypotheses were substantiated and we find out and concluded that the

    increase in the salary will increase the satisfaction level among employees.

    We can also conclude that increase in challenging job opportunities will increase the

    satisfaction level among employees after testing these hypotheses.

    Then by looking the overall respondents we get the overall satisfaction level increases

    with the increase in salary and challenging job opportunities but more with the salary as

    compared to the challenging job opportunities.

    We also find out by analyzing the data gathered that the current level of satisfaction

    among high-income groups is not that much low and increases by the increasing their

    challenging job opportunities and not have much impact of the salary. Satisfaction among

    low-income groups is low and increases by the increase in their salaries. Impact of

    increasing their challenging job opportunities in this case is not that much as with the

    salary.

    We also find out the approximately the same result with the job status as with the income

    levels of the employees.

    Although what we had claimed, is proved but as we can see that there is not vary large

    affect on the satisfaction level, like it had not moved from dissatisfaction towards strong

    satisfaction by manipulation of two variables. So our claimed is not strongly proved.

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    INTRODUCTION:

    Job Satisfaction of Employees: With so many organizations undergoing significant

    change in today's competitive environment, employee dissatisfaction is a frequent

    occurrence. When dissatisfaction occurs, stability and organizational success are

    threatened. For any organization seeking to improve processes, downsize operations,

    improve customer service or grow in profitability, understanding and enhancing

    employee satisfaction can benefit both employees and employer.

    Now question arises that what is job satisfaction?

    We can define job satisfaction as,

    A pleasurable, positive emotional state resulting from the appraisal of ones job or

    job experience.

    A person's general attitude towards their job satisfaction is a term used to describe

    how content an individual is with their job.

    Job satisfaction is in regard to one's feelings or state-of-mind regarding the nature

    of their work.

    The pleasure derived from a job well done, from knowing that what you do is

    appreciated, valuable to someone.

    The company views employee satisfaction as an essential it results in,

    Increase in productivity

    Less turn over

    Increase in employee commitment

    Decrease in employees absenteis

    So, increasing job satisfaction is not only important for its humanitarian value but also

    for its financial benefit too.

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    "Basically,job satisfaction is about linking your job and finding fulfillment in what you

    do. It combines an individual's feelings and emotions about their and how their job

    affects their personal lives (1)

    Job satisfaction is a degree which individual feel positively or negatively about various

    aspects of the job including tasks, work setting, pay and relationship with supervisor and

    other co-workers. According to Vroom (1967:99), job satisfaction is the reaction of the

    workers against the role they play in their work. Similarly, Blum and Naylor (1968:364)

    define job satisfaction as a general attitude of the workers constituted by their approach

    towards the wages, working conditions, control, promotion related with the job, social

    relations in the work, recognition of talent and some similar variables, personal

    characteristics and group relations apart from the work life.

    Employees with higher job satisfaction:

    believe that the organization will be satisfying in the long run

    care about the quality of their work

    are more committed to the organization

    have higher retention rates, and are more productive.

    Problem Statement:

    To study the relationship of Salary and challenging job Opportunities with the

    employees Job satisfaction

    Increasing job satisfaction is important for its humanitarian value and for its financial

    benefit, due to its effect on employee behavior. Now as there are many factors that affects

    the job satisfaction like;

    Salary

    Challenging Job Opportunities

    Work timings

    Stress

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    Leadership

    Work standards

    Fair rewards

    Adequate authority

    Now, here we are mainly dealing with thesalary and challenging jobopportunities and

    have tired to calculate the relationship of them with employee job satisfaction, whether

    their direction moves in the same direction or not? In this study we have identified three

    variables i.e.; salary and challenging job opportunities and employee job satisfaction,

    assuming that all other factors are kept constant. So we have checked out first the average

    current job satisfaction level of the employees and then checked their average satisfaction

    level with respect to the change in salary level or how much they are concerned with the

    salary, and our claim is that if the job satisfaction level increases at this point from the

    current level then we can say that salary and job satisfaction level of employees moves in

    the same direction and same is the case for the challenging job opportunities, an

    employee get in his their jobs.

    Research Goals:

    Our main objectives of this research are;

    To solve the problem stated and to rectify the problem statement and to check

    whether factors are directly or indirectly related to job satisfaction.

    To give the recommendations to the organization that how can they increase the

    employees job satisfaction.

    Find out the best solution in the sample organization, i.e.; the ways to increase the

    level of the satisfaction among employees which in turn will automatically affect

    many things as productivity, absenteeism etc.

    This research is of our academic interest and will be helpful in our future life.

    Will become the foundation of our future studies.

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    Importance/Benefits of the study: Some of the benefits/importance creating

    points in our study are:

    Help us in understanding the relationship ofsalary i.e.; the economic reward and

    opportunities i.e.; the non-economic reward with the employee satisfaction.

    Give us an understanding that employee satisfaction leads to the customer

    satisfaction.

    If our hypotheses will be substantiated than we can say that increase in the job

    satisfaction will increase the productivity of the employees.

    An understanding that employees should be given preference as compared to

    technology because human resource is better than, as technology can fail but man

    cannot when their is job satisfaction among him.

    By giving salary incentives to the employees they can improve their way of living

    or living standards.

    They can also satisfy their social needs by accepting challenging opportunities.

    PRELIMINARY DETAILS:

    Sources of data: There are two sources of our data are; primary data i.e. from face to

    face interviews and observation and the questionnaires and the secondary data from the

    books, journals, internet and newspapers.

    Literature review:

    Employee satisfaction and retention have always been important issues and many authors

    had published their researches and so we find much material in this context in past

    studies. Reviews of the relevant material from literature for the better understanding of

    this topic are given as under:

    This literature review gathers data to help determine the level of job satisfaction

    among school principals. The data for this study is collected from information

    obtained in a literature review of both current and earlier studies and reports that

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    illustrate factors that affect the level of job satisfaction for school principals. The

    research attempts to demonstrate that the following factors can affect a principal's

    level of job satisfaction. It points out that these factors include, but are not limited

    to, location and demographics of the school, principal-teacher relationships,

    principal-student relationships, principal-parent relationships, and communitys

    attitude towards the school, gender, wages and benefits. According to this

    research Job satisfaction is defined as, basically, job satisfaction is about liking

    ones job and finding fulfillment in what one do. It combines an individual's

    feelings and emotions about their and how their job affects their personal lives(1)

    Bavendam Research has included measures of job satisfaction. Surveyed

    included over 15,000, largely white collar, employees nationwide from all levels

    of the participating organizations. 20% were managers/supervisors; 91% worked

    full-time; average age was 33; there was an even proportion of males and females.

    As part of a larger project whose goal was to create an employee-driven, survey-

    improvement process [our MFI process], Bavendam Research identified six

    factors that influenced job satisfaction. When these six factors were high, job

    satisfaction was high. When the six factors were low, job satisfaction was low. Of

    these two are,

    Opportunity: Employees are more satisfied when they have challenging opportunities

    at work. This includes chances to participate in interesting projects, jobs with a satisfying

    degree of challenge and opportunities for increased responsibility. Important: this is not

    simply "promotional opportunity." As organizations have become flatter, promotions can

    be rare. People have found challenge through projects, team leadership, special

    assignments-as well as promotions.

    Fair Rewards: Employees are more satisfied when they feel they are rewarded fairly forthe work they do. Consider employee responsibilities, the effort they have put forth, the

    work they have done well and the demands of their jobs. (2)

    Author Jennifer L. Kettle RN, using literature review, investigates several aspects

    of job satisfaction, and the impact of said factors on turnover rates in health care

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    settings. Reviewed were research articles on each of the following factors

    contributing: job satisfaction, productivity, burnout, turnover rates, and,

    empowerment.

    In this article, job satisfactions as well as dissatisfactions were investigated.

    Questionnaires were mailed to 5,192 registered nurses (RNs), 1,780 of which were

    returned and scored using several evaluation methods. (2001). Researchers looked at job

    satisfaction, patient satisfaction and safety, extrinsic work values, role of the immediate

    supervisor, and intent to stay in nursing. Extrinsic work values such as, job security,

    salary, fringe benefits, and work schedules, are also considered to be important in job

    satisfaction.

    The authors used 150 nurses and the questionnaire method of investigation, and the

    variables studies were: opportunity, information, support, resources, overall

    empowerment, formal power, informal power, job tension, work effectiveness, and

    achievement orientation.

    In another article H. K. Spence Laschinger and D. Sullivan Havens, discussed testing of

    the Kanters theory of organizational power. (Kanter, 1993). Based on Kanters work,

    empowerment is defined as "conditions [that] are created that enhance persons ability

    and motivation to develop and make the most constructive use of their talents and

    experience". (3)

    Job satisfaction is correlated with labor market behavior such as productivity,

    quits and absenteeism. Recent work examined job satisfaction in relation to

    various factors. In this paper four different measures of job satisfaction are related

    to a variety of personal and job characteristics. We use a unique data of 28 240

    British employees Workplace Employee Relations Survey (WERS97). Our data

    set is larger and more recent than in the previous studies. The four measures of

    job satisfaction considered are satisfaction with influence over job, satisfaction

    with amount of pay, satisfaction with sense of achievement and satisfaction with

    respect from supervisors. (4)

    MOTIVATION: by Manfred Davidmann Reviews and summarizes past work in

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    Motivation. Provides a clear definition of 'motivation', of the ... Job Satisfaction -

    Accountants and Engineers Challenging Job - Professional People and Manual

    Workers.

    "What motivates is a challenging job which allows a feeling of achievement,

    responsibility, growth, advancement, enjoyment of work itself, and earned recognition.

    Workers become dissatisfied when opportunities for meaningful achievement are

    eliminated."

    Frederick Herzberg theorized that employee satisfaction has two dimensions:

    "hygiene" and motivation.

    Hygiene issues, according to Herzberg, cannot motivate employees but can minimize

    dissatisfaction, if handled properly. In other words, they can only dissatisfy if they are

    absent or mishandled.

    Hygiene issues, such as salary and supervision, decrease employees' dissatisfaction with

    the work environment. Motivators, such as recognition and achievement, make workers

    more productive, creative and committed. (5)

    Application of the apply Herzberg's theory to real-world practice begin with the

    hygiene issues: Company and administrative policies, Supervision, Salary,

    Interpersonal relations, Working conditions, Work itself, Achievement,

    Recognition, Responsibility, Advancement. Salary is not a motivator for

    employees, but they do want to be paid fairly. If individuals believe they are not

    compensated well, they will be unhappy working for their jobs. Consult salary

    surveys or even your local help-wanted ads to see whether the salaries and

    benefits the one is offering are comparable to those of other offices in ones area.

    (6)

    Randall S. Hansen worked on an employee named Jamie, who once loved his job

    and the accomplishments he achieved in it. Then he was dissatisfied with his job

    and he worked on it and then concluded that dissatisfaction begins with a

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    downward spiral of missed promotions, increased sick days, poor performance

    evaluations, and lost salary increases.(7)

    Director of the consumer research center for the Conference Board in New York,

    Franco suggested that there may have been sharp declines in many areas of job

    satisfaction in the American work force since 1995. Wages weren't as satisfying,

    in the study's findings. The number of respondents saying they were satisfied

    went down by 9.4 percent -- dropping from a rating of 39.3 in 1995 to 35.6 this

    year. Money may not be everything, but the Conference Board study does tend to

    show the lowest satisfaction levels occurring among those respondents who make

    the least.(8)

    Szymanski and Hershenson (1998) defined job satisfaction as an outcome

    resulting from the interaction of several variables. For people with disabilities or

    chronic illnesses, three factors can affect satisfaction with employment--extrinsic

    factors such as wage and salary levels (Bokemeier & Lacy, 1986), chronic illness

    or disability factors affecting one's ability to perform work tasks (Hershenson,

    1996), and subjective factors such as perceived job match and job tenure (Dawis,

    2002).(9)

    Low Pay, Higher Pay and Job Satisfaction within the European Union: Empirical

    Evidence from Fourteen Countries. Author Luis Diaz-Serrano (National

    University of Ireland Maynooth, CREB and IZA Bonn) and Jose A. Cabral Vieira

    (University of the Azores and CEEAplA) examine differences in job satisfaction

    between low- and higher-paid workers within the European Union (EU). To do so

    The European Community Household Panel Data covering the period 1994-2001

    used.

    Results indicate that low paid workers report a lower level of job satisfaction when

    compared with their higher paid counterparts in most countries, except in the UK.

    This supports the idea that low-wage employment in these countries mainly comprises

    low quality. The results also indicate that gap in average job satisfaction between low-

    and higher-paid workers is markedly wider in the Southern European countries than in

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    the rest of EU. (10)

    Theoretical framework:

    Here we have one dependent variable Employees JobSatisfaction and two independent

    variables i.e.; Salary and Challenging Job Opportunities. Given on the is the

    diagrammatical representation of this theoretical framework.

    Hypotheses Formulated:

    Now we have formulated two hypotheses;

    Challenging

    Job

    Opportunities

    .

    Job Satisfaction

    Salary

    11

    Dependent variableIndependent variable

    Theoretical framework

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    1) Ho: Change in the salary will change the job satisfaction of employees in the

    same direction.

    H1: Change in the salary will change the job satisfaction of employees in the

    opposite direction.

    OR

    Ho: Increase in the salary will result an increase in the job satisfaction

    of employees.

    H1: Increase in the salary will result in a decrease in the job

    satisfaction of employees.

    2) Ho: Change in the challenging job opportunities will cause the change

    in the job satisfaction of employees in the same direction.

    H1: Change in the challenging job opportunities will cause the change

    in the job satisfaction of employees in the opposite direction.

    OR

    Ho: Increase in challenging job opportunities will result an increase in the

    job satisfaction of employees.

    H1: Increase in challenging job opportunities will result in a decrease in the

    job satisfaction of employees.

    RESEARCH DESIGN:

    Type and nature of the study: The type of research we have done is basic. The

    nature of our study is descriptiveand is undertaken to understand the characteristics of

    organizations that follow certain common practices. It is correlational studies done to

    check relationship between variables.

    Research interference: The researcher interference was minimal because we had

    just given questionnaires to the employees and they had just filled them and we are

    returned with the responses and there was not more than this disturbance in their normal

    work routine than just spending some time in filling these questionnaires.

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    Study Setting: Research was done in the Non-contrived settings i.e.; in the natural

    environment.

    Unit of analysis:Our unit of analysis was individual employees.

    Time Horizon:Our study wascross-sectional or one shot.

    RESEARCH METHODOLOGY:

    Population: Basically our population was all the employees doing jobs that involve

    some repetitive tasks. The reason was that we want to give them a change like

    challenging job opportunities and then to study their behaviors with respect to their job

    satisfaction and this was only possible with that kind of employees.

    Sample: Then as we cant study whole of the population so we have taken an

    organization and selected a sample of 40 employees from that organization named as

    SHAHZAD INTERNATIONAL 15, Nazimuddin Road, SectorF-10/4, Islamabad,

    Pakistan.

    Now we have taken random samples from different departments of their Islamabad

    office. Our sample consist of every management level, Top Management, Middle

    Management, Operational Managers and non-managerial.

    Companys Profile:Shahzad International is a dynamic and result oriented Company

    with an experience of quarter of a century. It has emerged as a major integrated service &

    trading house in Pakistan. It is a supplier of general machinery, equipment, sophisticated

    material and services to energy related industries in Pakistan and else where in the region.

    Itis a reputable Business House with worldwide contacts and business experience of over

    25 years.

    Shahzad International has played a commendable role in bringing world-renowned

    multinational companies to Pakistan for substantial investment in oil and gas sector,

    which has culminated into large discoveries of gas in the provinces of Sindh and

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    Balochistan.

    Over two decades of proven track record, experience and growth, has credited Shahzad

    International as a leading Pakistani corporate entity.

    Services Offered: Over two decades of experience in multifarious business

    activities has credited Shahzad International to emerge as a leading corporate

    entity in the fields of Oil & Gas Upstream and Downstream Equipment &

    Services, Oil Refining, Oil & Gas Pipelines, Gold Prospecting & Exploration,

    Metallurgy, Minerals, gemstones and industrial rocks, Coal washing and coal

    gasification, Defence Procurement, Security Documents, ID Cards, Machine

    Readable Passports etc, Computerized Vehicles Licencing Systems, Security

    Services including Police Wireless Systems, VIP Security Systems, GeographicalInformation System (GIS), Automatic Mapping Facility Management Systems,

    Power Generation, Petrochemical, Chemical, Environment and Pollution

    Treatment, Ports and Shipping, Highways and Railroads, Telecommunication,

    Civil Aviation, Civil Construction, Airports & Hotels, Consulting Services /

    Feasibility, Project Management, Engineering Services, Mining and Mineral

    Development, Procurement of all types of Machinery and Equipment,

    Agriculture. They are offering services in these fields.

    Structural aspects: The Company has divisions as petroleum, energy, mineral

    wing, personnel and administration construction, headed by a professional

    manager. Individual functions have the necessary technical and organizational

    capability to pursue work assignments of a specialized nature with a degree of

    autonomy.

    The company maintains an integrated team of experienced administrative, management,

    engineering, construction and support personnel who are highly motivated. In-house

    personal computers ensure fast and accurate preparation of business proposals. The

    company has a complete library of standard products, materials and equipments to

    expedite the preparation of quotations. The company is experienced in all phases

    including project management, engineering, and construction. They possess well-

    developed professional skills and use finely-tuned procedural techniques. Each function

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    or department, whether of technical or support service in nature, is headed by a manager

    or senior technical specialist with broad industry experience. SI is based in Pakistan and

    has offices in U.K. and Canada. Regional and overseas operations are controlled and

    supervised directly by the corporate headquarters, Islamabad, Pakistan. Mr. Zaheeruddin

    is the chairman and chief executive of Shahzad International group of companies.(11)

    DATA COLLECTION:

    Now we had done a survey to collect the required data, after the collection of the initial

    data, by giving the questionnaires to the sample respondents in different departments of

    the organization. We have send 50 questionnaires and get returned back with 40 and rest

    of them were unfilled or incomplete which we had to discard. The questionnaire

    instrument used in the survey is given in the appendix and its description is given below.

    Survey Questionnaire: Now the questionnaire given is to check the relationship

    and the direction of relationship of these three variablesi.e.; employee job satisfaction,

    salary and challenging job opportunities which contains all closed ended questions but

    only one open ended question to represent the feelings of the respondent is given but with

    the exception of few respondents mostly left it blank. At the beginning of the

    questionnaire confidentiality is being ensured, so that every participant can answer the

    questions without any hesitation.

    Now, it basically consists of undifferentiated four sections. First contains four important

    questions to get demographic and basic information of the respondent. We have given

    significant ranges in the options to be encircled.

    Now after this section there are 25 questions having more three subsections, in which five

    options are given to the participant i.e.; Strongly Agree, Agree, Neutral, Disagree,

    Strongly Disagree and each is allocated a number 1,2,3,4 and 5 respectively.

    Second section consist of consist of question #1 to question #7, which measures

    the overall current level of job satisfaction of an individual.

    Third section consists of question # 8 to question # 17, which measures the job

    satisfaction of an individual with respect to the pay level.

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    Fourth section consists of question # 18 to question # 25, which measures the

    job satisfaction of an individual with respect to the challenging job opportunities

    including full freedom, authority and newer or challenging jobs.

    In this questionnaire there are 11 questions whose scaling should be reversed and are

    indicated by (R) at the end of the questions for only our own convenience and were not

    shown to the respondents because they can create confusion in their minds.

    Scoring information:Now the numbers we have allocated to different options i.e.;

    from 1 to 5 actually represent the satisfaction level of an individual. As the number

    moves below 3 it means satisfaction is increasing and as it moves up from 3 it means

    satisfaction is decreasing. Or we can say it like that 1 shows strong satisfaction, 2

    satisfaction, 3 as neither satisfaction nor dissatisfaction, 4 as dissatisfaction and 5 as

    strong dissatisfaction.

    Here first of all every reverse questions were decoded i.e.; for example a person scoring

    5 on the first question means 1 actual score. Similarly, 4 means 2, 3 remains same i.e.; 3,

    2 means 4 and 1 means 5. Then sum of score of first eight question measuring the current

    level of job satisfaction of an individual respondent, is calculated and is divided by eight

    i.e.; its average is taken. Similarly averages of all 40 respondents for first eight questions

    are taken and treated as dependent variable X1 having 40 values. Similarly each of next

    two sections are treated and taken as X2 for the second section measuring the job

    satisfaction with respect to the salary and X3 for the third section measuring job

    satisfaction with respect to the challenging job opportunities. So we get 3 series of

    variables X1, X2 and X3. Then both the hypotheses are tested using these values. Also

    proportion of responses showing different levels of satisfaction is calculated for each

    question. (Appendix B, Table V)

    FINDINGS, ANALYSIS AND INTERPRETATIONS:

    (1)- Findings:

    The details of respondents who responded properly and we included them in our analyses

    are given in Appendix B.

    Table I in Appendix B shows that our respondents included 20 respondents from top

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    management, 9 from middle management, 20 from operational managers and from 8 non-

    managerial.

    Table II in Appendix B shows that our respondents included 0 respondents from age

    group under 20, 30 from 21-35, 7 from 36-50, 3 from 51-65 and 0 from 65 and above

    group.

    Table III in Appendix B shows that our respondents included 2 respondents from income

    group of Less than 10,000, 20 from 10,001-20,000, 8 from 20,001-30,000, 6 from

    30,001-40,000, 3 from 40,001-50,000 and 1 from 50,001-Above group.

    Table IV in Appendix B shows that our respondents included all male respondents and 0

    female respondents.

    (2)- Findings:

    As respondents are not in equal proportion in each group, so we have used the percentage

    of number of respondents, whenever data was needed about these categories, like see in

    Table V in Appendix B, which shows the percentage of respondents showing different

    levels of satisfaction against each item or question in percentage of respondents favoring

    different levels of satisfaction for each of the given situation in all of the 25 questions.

    (3)- Findings:Now, after doing some calculations we get the overall average level of

    satisfaction with respect to each variable in table 1.1

    Table 1.1 Figure 1.1

    2.4

    2.5

    2.6

    2.7

    2.8

    2.9

    3

    3.1

    Mean score

    Current level

    Level with

    respect to

    increase in

    salary

    Level after

    increase inchallenging job

    opportunities

    Analysis: Table 1.1 shows that mean

    Levels of satisfaction: Mean score

    Current level(X1) 3.02

    Level with respect to

    increase in salary (X2)2.60

    Level after increase inchallenging job

    opportunities (X3)

    2.69

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    score for current level of satisfaction is 3.02 shows that there is slight dissatisfaction

    among employees. Afterwards the satisfaction level increases i.e.; its numeric value

    goes down to 2.60 when they are given a rise in the salary. The mean score for

    satisfaction after increase in challenging job opportunities goes down but with less

    proportion as compared to the one with rise in salary but overall satisfaction

    increased. Figure shows the same result more clearly but remember that the more the

    height of bars in figure, less will be the satisfaction. So, overall satisfaction level

    increases with the increase in salary and challenging job opportunities but more with

    the salary as compared to the challenging job opportunities.

    (4)- Findings:

    Testing of Hypotheses:

    (1)- Ho: Increase in the salary will result an increase in the job satisfaction

    of employees.

    H1: Increase in the salary will result in a decrease in the job

    satisfaction of employees..

    i.e; Ho: x20Now as we have used t-distribution in order to test these hypotheses. We have

    following data as, mean of differences i.e.; Mean(X2 - X1)= x2-x1= -0.51

    Sx2-x1 = 0.83 By using this data we get calculated value of t as, t = -3.89

    Using 95% level of confidence, we

    get critical region as, t > 1.6853

    means that if our calculated value of

    t lies in this interval, then our Howill be rejected but as our value is,

    t = -3.89 < 1.6853, so we get

    the result that our null hypothesis is accepted as shown in figure 1.2.

    18

    5%

    t0

    95%

    1.6853

    Figure 1.2

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    Analysis: We can conclude that increase in the salary will increase the satisfaction

    level among employees.

    (2)- Ho: Increase in challenging job opportunities will result an increase in the

    job satisfaction of employees.

    H1: Increase in challenging job opportunities will result in a decrease in the

    job satisfaction of employees.

    i.e; Ho: x30

    Now as we have used t-distribution in order to test these hypotheses. We have

    following data as, mean of differences i.e.; Mean(X3 - X1)= x2-x1= -0.34

    Sx2-x1 = 12.9 By using this data we get calculated value of t as, t = -0.17

    Using 95% level of confidence, we

    get critical region as, t > 1.6853

    means that if our calculated value of

    t lies in this interval, then our Ho

    will be rejected but as our value is,

    t = -0.17 < 1.6853, so we get

    the result that our null hypothesis is

    accepted as shown in figure 1.3.

    Analysis:We can conclude that increase in challenging job opportunities will increase the

    satisfaction level among employees.

    (5)- Findings:Now average satisfaction level of employees with respect to the income

    groups is shown in Table 1.2.

    Analysis: Figure 1.4 describes the Table1.2 clearly by looking at the height of bars. In

    income group of Less than 10,000, there is an increase in satisfaction level with an increase in

    salary and challenging job opportunities but proportion of change in the former is more than the

    latter one. So we can say that these income groups are more satisfied with salary than does

    19

    5%

    t0

    95%

    1.6853

    Figure 1.3

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    challenging job opportunities.

    Income group of 10,001-20,000, here again case is same like the previous income group so

    same conclusion can be made.

    In income group of 20,001-30,000, there is an increase in satisfaction level with an increase in

    salary and challenging job opportunities but proportion of change in the former is more than the

    latter one. So we can say that these income groups are more satisfied with salary than does

    challenging job opportunities. But if we compare them with the previous groups more change

    here is with the challenging job opportunities.

    In income group of 30,001-40,000, there is an increase in satisfaction level with an increase in

    salary and challenging job opportunities but proportion of change in the challenging job

    opportunities is morethan the salary. So we can say that these income

    groups are more satisfied with challenging job opportunities than the salary.

    In income group of 40,001-50,000, there is an increase in satisfaction level with an increase in

    salary and challenging job opportunities but proportion of change in the challenging job

    opportunities is more and salary has very small impact on their satisfaction. Again we can say

    that these income groups are more satisfied with challenging job opportunities than the salary.

    In income group of 50,001-Above, there is a decrease in satisfaction level with an increase in

    salary, but increase in satisfaction level with increase in challenging job opportunities. This is

    an extremely different case. Though not a great change but average satisfaction level decreases

    and the other one increases far more. So, we can say that these income groups are more

    satisfied when they get more challenging job opportunities. But the salary does not change

    their satisfaction.

    Figure 1.4

    20

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    First at the Top management level, we can see from table and graph that there is more

    proportionate change in the satisfaction level of employees when we give them more

    challenging job opportunities as compared to the salary. There is some increase in the

    satisfaction level with increase in salary but it is less than the other factor. The reason may be

    that their salaries enough for them and now they are moving towards their achievement needs

    as described in Abraham Maslows Hierarchy of needs theory.

    Then, at the middle-management level, we can see from table and graph that again the level of

    satisfaction changes slightly more with the increase in challenging job opportunities than does

    the salary. But here both changes with more proportion from the current level of satisfaction

    than the previous group.

    Then, at the operational-management level, we can see from table and graph that it moves from

    dissatisfaction towards satisfaction, it increases with the increase in both variables but changes

    more with the increase in the salary than does the challenging job opportunities.

    At non-managerial level, again it moves from dissatisfaction towards satisfaction but salary

    changes with more proportion than does challenging job opportunities.

    Figure 1.5

    0

    0.5

    1

    1.5

    2

    2.5

    3

    3.5

    4

    Top

    Management

    Middle

    Management

    Operational

    Manager

    Non-

    Managerial

    Job Status

    Current

    Salary

    Challenging Job

    Opportunities

    Thats why we have taken them under consideration. Conclusions and recommendations, we

    have made by only considering these two variables with different dimensions and considered

    other variables as constant.

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    LIMITATIONS OF RESEARCH:

    Our research had certain limitations, which were as follows:

    Lack of experience in survey research.

    A major limitation was willingness and availability of the respondents.

    Our sample was small, so it does not shows the opinions of whole population. We used

    average satisfaction to generalize but that may not be applicable to every one.

    CONCLUSIONS:

    After the analysis we have done and looking at the data we have obtained from the employees

    as our respondents, we made some conclusions that are as follows:

    Both variables understudy have direct or positive relationship with employees job

    satisfaction.

    So, overall satisfaction level increases with the increase in salary and challenging job

    opportunities but more with the salary as compared to the challenging job opportunities.

    If we look at the employees with respect to the income level we can say that current

    satisfaction among low-income groups is low and increases by the increase in their

    salaries. Impact of increasing their challenging job opportunities is not that much as

    with the salary. We can say this is because of having not enough income for their

    needs.

    Current satisfaction among high-income groups is not that much low and increases by

    the increasing their challenging job opportunities and not much impact of the salary

    because they have enough income for their needs and want recognition and

    achievement.

    As job status moves up the current satisfaction level increases more with the increase in

    challenging job opportunities not that much more with salary. Because they want to

    have freedom and autonomy and authority along with income. As job status moves down the current satisfaction level increases more with the

    increase in salary not that much more with challenging job opportunities.

    Theses are not only two variables that influence job satisfaction more but many other

    factors also affect like job status, income group and age, as our analysis shows that our

    claim was right but not very strong that only these two factors play key role in

    23

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    increasing job satisfaction.

    Although what we had claimed, is proved but as we can see that there is not vary large

    affect on the satisfaction level, like it had not moved from dissatisfaction towards strong

    satisfaction by manipulation of two variables. So our claimed is not strongly proved.

    RECOMMENDATIONS:

    On the basis of the conclusions we made given on the previous page on the basis of facts and

    findings we get after survey, we have given the organizations some recommendations that they,

    if consider appropriate can apply to get better results, are as following:

    Both of these variables are important in determining job satisfaction of an employee, so

    they should be given considerable importance.

    Employees with high income should be given opportunities to do some challenging

    projects with full freedom and authority, so that they can feel their importance in the

    firm and they should be satisfied with their jobs. Also their jobs that they are doing in

    their routine work should be made attractive by involving some authority or

    challenging aspects.

    Employees with low income should be given more salary so that they can feel their

    work has been justified with their salary. Then they will be satisfied with their jobs and

    will contribute more towards their jobs. They should also be given some jobs that are

    challenging but not that much challenging as to the higher income groups. Overall

    result will be more satisfaction, more productivity, less absenteeism and greater will be

    the companys performance, as we know that job satisfaction contributes more towards

    the companys performance.

    Employees at high level of management should be treated in the same way as high-

    income groups because they want their recognition and want of achievement is high in

    them.

    Similarly, employees at low level should be treated as low-income groups. Because

    24

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    they want to fulfill their basic needs and that can be done with increase in salary or

    giving them justified salary according to the work they do.

    If there is any other case, like an employee having high post but not much pay, then he should

    be given both increment in salary and provided with more challenging job opportunities, in

    order to increase satisfaction level.

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    REFERENCES:

    1) http://www.academon.com/lib/essay/job-satisfaction.html

    2) Bavendam Research, Incorporated, Managing Job Satisfaction, Special reports,

    Volume 6, http://www.employeesatisfactions.com/

    3) Jennifer L. Kettle RN, Factors Affecting Job Satisfaction in the Registered Nurse,

    http://juns.nursing.arizona.edu/articles/Fall%202002/Kettle.htm

    Saziye Gazioglu (Department of Economics, METU) & Aysit Tansel (Department of

    Economics, METU); Job Satisfaction in Britain: Individual and Job Related

    Factors,http://ideas.repec.org/p/met/wpaper/0303.html

    F. Herzberg, et al, 1959 {2},Job Satisfaction & M. Scott Myers, 1964 {3}, Challenging Job,

    MOTIVATION ,http://www.solbaram.org/articles/motvtnsu.html

    4) J. Michael Syptak, MD, David W. Marsland, MD, and Deborah Ulmer, PhD, Job

    Satisfaction: Putting Theory Into Practice, Journal Family Practice Management;

    October 1999; http://www.aafp.org/fpm/991000fm/26.html

    5) Randall S. Hansen, Ph.D.;Job Satisfaction Quiz:

    How Satisfied Are You with Your Jobs?

    http://www.quintcareers.com/job_satisfaction_quiz.html

    6) Porter Anderson, CNN.com/career Editor, 'Job satisfaction': Oxymoron?, October

    24, 2000,Web posted at: 2:21 p.m. EDT (1821

    GMT);http://www.cnn.com/2000/CAREER/trends/10/23/job.dissatisfaction/

    7) Hershenon, D. (1996). A systems reformulation of a developmental model of work

    adjustment. Rehabilitation Counseling Bulletin, 40, 2-9.; Dawis, R. (2002). Person-

    environment-correspondence theory. In D. Brown & Associates (Eds.). Career choice

    and development (pp. 427-464). San Francisco: Jossey-Bass; Szymanski, E., &

    Hershenson, D. (1998). Career development of people with disabilities: An ecological

    26

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    model. In R. Parker & E. Szymanski (Eds.), Rehabilitation counseling:Basics and

    beyond (3rd ed., pp, 327-378), Austin, TX; PRO-

    ED ,http://www.findarticles.com/p/articles/mi_m0825/is_3_70/ai_n6237491/pg_5

    8) (http://ideas.repec.org/p/iza/izadps/dp1558.html)

    9) http://www.shahzadintl.com.pk/pe/pemain.htm

    27

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    APPENDIX-A

    SURVEY QUESTIONARIE

    Please encircle your choice.

    1) Job status:

    1. Top Management

    2. Middle Management3. Operational Manager

    4. Non-Managerial

    2) Age (Years):

    1. Under 202. 20-35

    3. 36-50

    4. 51-655. Over 65

    3) Monthly Income (Rs):1. Less than 10,0002. 10,001-20,000

    3. 20,001-30,000

    4. 30,001-40,0005. 40,001-50,000

    6. 50,001-Above

    28

    This questionnaire is developed to study the job satisfaction of

    employees. Your responses can help in our understanding a lot. So

    you are kindly requested to please respond to questions honestly.

    Department of Administrative

    Sciences,

    Quaid-i-Azam University,

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    4) Gender:

    1. Male

    2. Female

    Please circle one number for each statement:Strongly

    Strongly

    Agree Agree Neutral

    Disagree Disagree

    1. I enjoy while doing my job.......................1.............2.............3............4

    5

    2. Generally speaking I am very satisfied with my staff...........1.............2.............3............45

    3. Doing my work is not a great fun. (R)..........................1.............2.............3............4

    5

    4. Most of my colleagues are very satisfied with the job..........1.............2.............3............4

    5

    5. I frequently think of quitting this job. (R).............................1.............2.............3............4

    5........................................................................................................................

    6. I am satisfied with the working environment of

    this job...................................................................................1.............2.............3............4

    5

    7. I find much of my job repetitive and boring. (R)..................1.............2.............3............45

    8. I have a good feeling that I am earning something for

    what I do...........................................1.............2.............3............45

    9. I seldom think about my salary and promotions. (R)............1.............2.............3............4

    5

    10. I am satisfied with my job because my pay is reasonable.. . .1.............2.............3............45

    11. Whenever there is a high pay raise, I feel very good about

    my job..........................................................................1.............2.............3............4

    5

    12. I do not care if I have been given an assignment to worklate hours but without an additional pay. (R)........................1.............2.............3............45

    13. I feel very stressed if no financial reward is given

    on the given job done............................................................1.............2.............3............4

    5

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    14. If given a project with a promise to have an increase

    in pay, I feel very satisfied....................................................1.............2.............3............4

    5

    15. It does not make any sense to do a good job

    without getting a fair pay. (R).......................1.............2.............3............45

    16. As long as I can do what I enjoy, I am not concerned

    about what I am paid. (R).....................................................1.............2.............3............45

    17. I feel that I should get more pay in my present job..............1.............2.............3............4

    5

    18. I enjoy tackling the problems that are completely new

    to me......................................................................................1.............2.............3............4

    519. I am more comfortable when I can set my own goals...1........... .2.............3............4

    5

    20. I enjoy relatively simple, straightforward tasks. (R).............1.............2.............3............4

    5

    21. Whenever I have a job that is challenging, I feel very

    stress and not satisfied. (R)..................................................1.............2.............3............4

    5

    StronglyStrongly

    Agree Agree NeutralDisagree Disagree

    22. I feel very comfortable whenever I get an assignment

    without the manpower to complete it. (R)............................1.............2.............3............4

    5

    23. I enjoy when the task given to me is very challenging.........1.............2.............3............4

    5

    25. I prefer to take a moderating difficult assignment rather than

    an extremely challenging one. (R)........................................1.............2.............3............45

    26. I feel very happy to get an opportunity of working

    independently, with full freedom and no interference

    of my supervisor to achieve a predefined goal.....................1.............2.............3............4

    5

    30

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    Anything that you want to say after filling thisquestionnaire?

    _________________________________________________________________________

    ________________________________________________________________________

    Thanks a lot for giving your precious time and for

    your cooperation.

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    APPENDIX-B

    TABLES

    Table I

    Table II

    Age (Years) Under 20 20-35 36-50 51-65 Over 65

    Respondents 0 30 7 3 0

    Table III

    Income Group Less than

    10,000

    10,001-

    20,000

    20,001-

    30,000

    30,001-

    40,000

    40,001-

    50,000

    50,001-

    Above

    Respondents 2 20 8 6 3 1

    Table IV

    Gender Male Female

    Respondents 40 0

    Table V

    Job status Top

    Management

    Middle

    Management

    Operational

    Manager

    Non-

    Managerial

    Respondents 3 9 20 8

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    Question

    Number:Respondents (%)

    Scores

    1 2 3 4 5Strong

    Satisfaction Satisfaction

    Neither

    SatisfactionNor

    Dissatisfaction

    Dissatisfaction

    Strong

    dissatisfaction

    1 50 35 10 5 0

    2 15 27.5 45 10 2.5

    3 0 42.5 20 22.5 15

    4 5 30 37.5 25 2.5

    5 7.5 50 12.5 20 10

    6 12.5 27.5 37.5 12.5 10

    7 2.5 25 12.5 25 35

    8 20 20 40 15 6

    9 7.5 27.5 32.5 20 12.5

    10 12.5 27.5 27.5 27.5 5

    11 40 35 17.5 7.5 0

    12 10 35 30 15 10

    13 5 22.5 27.5 30 15

    14 47.5 32.5 15 5 0

    15 7.5 27.5 30 27.5 7.5

    16 20 20 25 17.5 17.5

    17 27.5 30 22.5 20 018 52.5 30 12.5 2.5 2.5

    19 52.5 32.5 10 2.5 2.5

    20 2.5 15 12.5 40 30

    21 10 42.5 22.5 12.5 12.5

    22 12.5 20 42.5 22.5 12.5

    23 40 37.5 15 7.5 0

    24 0 10 25 42.5 22.5

    25 52.5 27.5 15 5 0