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Perspectives of Innovations, Economics & Business, Volume 6, Issue 3, 2010
www.pieb.cz
International Cross-Industry Journal
- 108 -
Introduction
Job satisfaction results from the employee’s perception
that the job content and context actually provide what an
employee values in the work situation. It can be defined as
“a pleasurable or positive emotional state resulting from the
appraisal of one’s job or job experience”. This positive
emotional state is highly contributory to an employee’s
physical and mental wellbeing. Organizationally speaking
high level of job satisfaction reflects a highly favorable
organizational climate resulting in attracting and retaining
better workers.
Job satisfaction can also be defined as the extent of
positive feelings or attitudes that individuals have towards
their job. When a person says that he has high job
satisfaction, it means that he really his job, feels good about
it and values his job highly.
It has been established that highly satisfied workers have
better physical and mental wellbeing. It is highly debatable
as to which one is the cause and which one is the effect but
they are correlated. On the other hand, serious job
dissatisfaction results n stress and tension which is usually
the cause of variety of physiological disorders.
For a meaningful and systematic analysis of the problem
encountered a suitable formulation of a methodology for the
study is indispensable. Thus rendering solution to the
problem identified. Employees negative or unfavorable
attitude towards their jobs are called job dissatisfaction. It is
expressed through employees behavior directed towards
leaving the job, raising voice and neglecting and shrinking
from responsibilities. Hence job satisfaction improves the
employees’ productivity and reduces their absenteeism and
turnover rates.
The study intends to find out the influence of the
demographic variables over the job satisfaction perceived
by the employees. Also it attempts to understand the job
satisfaction perceived by the employees.
Research methodology
Research design. Descriptive research is employed with
a view to describe the employee opinion, attitude, feelings
towards job satisfaction.
Area of study. The research was conducted at Indian
overseas bank employees in Chidambaram and cuddalore,
Tamil Nadu , which is a big organization to enable effective
research to be done.
Sample size. The study aims at getting information from
200 employees in all departments which is equivalent to
50% of the total population 1:2.
T
ABLE
1.
O
VERALL JOB SATISFACTION PERCEIVED BY THE EMPLOYEES
Level job satisfaction
Frequency
Percent
Low
03
1.5
Medium
77
38.5
High
120
60.0
Total
200
100.0
T
ABLE
2.
JOB SATISFACTION BASED ON SEX AMONG EMPLOYEES IN
I
NDIAN OVERSEAS BANKS
Gender
Mean
SD
Sources
Sum of
squares
Means
square
F
-
value
p
-
value
Male
2.3662
0.51197
Between
group
s
0.07
0.007
0.027
0.876
NS
Female
2.3793
0.52407
Within
groups
52.613
0.266
Source: Primary data.
Note: NS: not significant
J
OB SATISFACTION AND DEMOGRAPHIC
VARIABLES
-
IS THERE ANY LINK
?
M
ALLIKA
N
EELAMEGAM
Faculty of Business Administration
Annamalai University, India
JEL Classifications: J24, J28
Key words: Demographic variables, job satisfaction, banking sector.
Abstract: This article focuses on the analysis of job satisfaction perceived by the Indian overseas bank employees in
Chidambaram and Cuddalore, Tamil Nadu. The employees working in Indian overseas bank were selected for the study. The
study indicates that the job satisfaction perceived by the bank employees is medium and the demographic variables such as
gender, age, educational qualification, experience, marital status, and income significantly influence the job satisfaction
perception of employees.
ISSN:
1804
-
0527 (online) 1804
-
0519 (print)
PP. 10
8
-
1
11
Perspectives of Innovations, Economics & Business, Volume 6, Issue 3, 2010
www.pieb.cz
International Cross-Industry Journal
- 109 -
The Table 1 indicates that among the total respondents,
60 percent of the employee’s state that the job satisfaction is
high, and 38.5 percent of the employee state that the job
satisfaction is medium and 1.5 percent of the employees
state that the job satisfaction is low. Since only minimum
number of employees has perceived low level of job
satisfaction. Most of the employees have high and medium
level of job satisfaction.
Ho: There is no different in job satisfaction among
employees in Indian overseas bank based on gender.
Observing the mean value indicate that female has high
job satisfaction with the mean value of 2.3793 than the male
with the mean value of 2.3662.
ANOVA test was applied to verify the proposed
hypothesis. It is found that the F-value is 0.027 and P-value
is 0.876. Since the P-value is not significant (NS), the
hypothesis is accepted. There is no difference the level of
job satisfaction among employees in Indian overseas banks
based on gender.
T
ABLE
3.
J
OB SATISFACTION BASED ON
A
GE AMONG EMPLOYEES IN
I
NDIAN OVERSEAS BANK
Years
Mean
SD
Sources
Sum of
s
quares
Mean
square
F
-
value
P
-
value
<30
2.1818
0.501
08
Between
groups
4.743
1.581
6.472
0.000*
31
-
40
2.2436
0.48846
41
-
50
2.4462
0.50096
With in
groups
47.877
0.244
Above 50
2.62186
0.49024
Source: Primary data.
Note: * Significant at 1% level
Ho: There in no different in job satisfaction among
employees in Indian overseas banks based on Age.
Observing the mean value indicate that above 50 age
groups of them have high level of job satisfaction with
mean value of 2.62186, than 41-50 age groups of them with
the mean value of 2.4462, than 31-40 age groups of them
with mean value of 2.2436 and less than 30 age groups of
them having the mean value of 2.1818.
ANOVA test was applied to verify the proposed
hypothesis. It is found that the F-value is 6.472 and P-value
is 0.000. The result shows that there is significant level of
job satisfaction of employees in Indian overseas bank based
on age. Since the P-value is significant at 1 percent level. So
hypothesis is rejected.
T
ABLE
4.
J
OB SATISFACTION BASED ON EDUCATIONAL QUALIFICATION AMONG
EMPLOYEES IN
I
NDIAN OVERSEAS BANK
Education
Mean
SD
Sources
Sum of
squares
Mean
squares
F
-
value
p
-
value
Degree
2.3704
0.48744
Between
groups
2.763
1.381
0.05**
Professiona
l
2.1702
0.48090
5.458
Post
-
graduate
2.4646
0.52125
Within
groups
49.857
0.253
Source: Primary data.
Note: *
*
Significant at 5% level
Ho: There is no difference in job satisfaction among
employees in bank. Based on educational qualification.
Observing the mean value indicate that post graduate
employees have high level of job satisfaction with the mean
value 2.4646, than degree holders mean value 2.3704 and
finally professional holders got mean value is 2.1702.
In order to test the hypothesis ANOVA test was applied.
The F-value of 5.458 and P-value of 0.05, since P-value is
significant. So hypothesis is rejected at 5 percent level.
From the results it is found that there is difference in job
satisfaction level among employees in Indian overseas bank.
T
ABLE
5.
J
OB SATISFACTION BASED ON EXPERIENCE AMONG EMPLOYEES IN
I
NDIAN OVERSEAS BANK
Experience
Mean
SD
Sources
Sum of
square
Mean
square
f
-
value
p
-
value
<5
2.1538
0.46410
Between
groups
4.390 1.463
5.947 0.001*
6
-
10
2.3294
0.49733
11
-
15
2.3944
0.5204
Within
groups
48.230 0.246
Above 15
2.7778
0.42779
Source: Primary data.
Note: * Significant at 1% level
Perspectives of Innovations, Economics & Business, Volume 6, Issue 3, 2010
www.pieb.cz
International Cross-Industry Journal
- 110 -
Ho: There is no difference in job satisfaction among
employee in Indian overseas banks based on experience.
To study whether the job satisfaction based on
experience among employees in Indian overseas bank. The
mean value indicate that 2.778 than the above 15 years of
experienced got high level of job satisfaction, than 11 to 15
years of experienced with mean value of 2.3944 than 6 to 10
years of experienced with mean value of 2.3294 and finally
than mean value is less than 5 years of experienced are
2.1538.
In order to test stated the hypothesis. ANOVA test was
applied. It is found that the F-value of 5.947 and P-value of
0.001. Hence the hypothesis gets rejected at 1 percent level.
From the results it is observed that there is difference in job
satisfaction among employees in Indian overseas bank
based on experience.
T
ABLE
6.
J
OB SATISFACTION BASED ON MARITAL STATUS AMONG EMPLOYEES IN
I
NDIAN OVERSEAS BANKS
Marital status
Mean
SD
Sources
Sum of
square
Mean
square
f
-
value
p
-
value
Married
2.4024
0.52689
Between
groups
1.142
1.142
4.393 0.037**
Unmarried
2.1935
0.40161
Within
groups
51.478
0.260
Source: Primary data.
Note: *
*
Significant at 5% level
Ho: There is no different in job satisfaction among
employee in Indian overseas banks based on marital status.
Status since the p-value is significant at 5 percent level.
So the hypothesis is rejected. Observing the mean value
indicate the married have high job satisfaction with the
mean value of 2.4024 and also with least standard deviation
and low among the unmarried with the mean value of
2.1935.
To verify the formulated hypothesis ANOVA test was
applied. It is shown that the F-value is 4.393 and P-value is
0.037. It is concluded that level of job satisfaction
experienced by the married and unmarried varies
significant.
T
ABLE
7.
J
OB SATISFACTION BASED ON INCOME AMONG EMPLOYEES IN
I
NDIAN OVERSEAS BANKS
Income
Me
an
SD
Sources
Sum of
square
Mean
square
f
-
value
p
-
value
<10000
1.9474
0.22942
Between
groups 6.104 2.035
8.573 0.000*
10001
-
15000
2.3371
0.49872
1500
-
20000
2.4203
0.52597
Within
groups
Above
20001
2.6957
0.47047
Source: Primary data.
Note: * Significant at 1% level
Ho: There is no different in job satisfaction among
employee in Indian overseas banks based on income.
The mean value shows that the job satisfaction is high
among the employees in the income level of above 2001
with the mean value of 2.6957 and low among the
employees in the income level of 15001-20000 and they
also have least mean value.
To prove the proposed hypothesis ANOVA test was
performed and it is found that the F-value is 8.573 and P-
value is 0.000. The result shows that there is significant
difference in the job satisfaction experienced by the
employees in Indian overseas banks based on income. Since
the P-value is significant at 1 percent level. Thus the
hypothesis is rejected.
Managerial implications
The study implies that the overall job satisfaction
perceived by the bank employees is medium. The
demographic variables like age, education, experience,
marital status and income significantly influence the job
satisfaction perceived by the employees. It is also observed
only gender of the employees does not significantly
contribute for the job satisfaction perceived by the
employees.
Conclusion
The present study reveals that majority of the
employees’ perceived only high and medium job
satisfaction. So the organization must identify the factors,
which lead to poor job satisfaction. And also take action
towards the job satisfaction. Because poor job satisfaction
may result in less productivity and it is injurious for the
employees as well as for the organization. The demographic
factors also significantly contribute for the high perception
of job satisfaction. So employees have to identify the factors
and take measures to improve job satisfaction.
Perspectives of Innovations, Economics & Business, Volume 6, Issue 3, 2010
www.pieb.cz
International Cross-Industry Journal
- 111 -
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