The level of employee’s job satisfaction in public sector bank (With special reference to Bank of Baroda, Delhi)

Abstract

In today’s competitive employees’ job satisfaction, involvement and engagement are important for business sustainability. Several internal and external factors influences employees job satisfaction and these factors may change over the time. In the past 10 years, there has been a noticeable fluctuation in employees overall satisfaction with their jobs within banking sector of India. This fluctuation could be attributed to change within the workplace as well as economic and social trends. In today’s uncertain economy, the best performing employers know that know that taking their employees, and linking it in to their business goals will help organizations succeed and put them at a competitive advantage. Service sector is one of the fastest growing sectors, it provides opportunity for employment and banking sector is one of the biggest service sectors in India. It is now experiencing drastic change due to globalization, privatization and technological advancement. Banking is not fonfined to nationalized public transformation of the public sector banks to cope up with multinational lead environment. Forward-thinking organizations know that high performance and sustainable business results require attention to employees Human resource is the most valuable asset for any organization. In this competitive world, only those organization can survive, which are able to retain high performers and performance depends upon the job satisfaction level of the employees. The purpose of this study is to analyze the impact of demographic variables (age, gender and experience) on work life balance.