Job Satisfaction and Security among Bank Employees and their performance: Study of Public and Private Sectors Banks of Southern Punjab Pakistan

Abstract

The main purpose of this research was to monitor the role of job satisfaction and security and work motivation on employee Performance in the public and private sectors banks of Pakistan. The survey was intended to get their responses on what they feel the best factors that could motivate them. The present research is designed with a clear view to find out the satisfaction level of employees of Public Sector and Private Sector Banks. The survey is conducted on employees of Public Sector Bank and Private Sector Bank of Pakistan. The target audience was managers, officers and clerks. The study covers six Banks of Pakistan taking two from Public Sector namely ZaraiTaraqiati Bank of Pakistan and National Bank of Pakistan and four from Private Sector Bank Alfalah, Faysal Bank, Muslim Commercial Bank, Askari Bank. Two hundred employees of selected Banks located at different place in Pakistan have approached to monitor their views on job satisfaction, security and their work performance. The results determine that significant differences exists between employees of Public Sector and Private Sector Banks regarding various aspects of job satisfaction, pay and fringe benefits, supervision, training and development. But they are significant in case of the aspects, relation with co-workers, employee’s empowerment, supervision, performance appraisal and nature of job.

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