Vol. 7 No. 12 July 2024
Factors Affecting Job Satisfaction of Women Bankers: An Empirical Analysis
Authors/ Publisher: Mst. Nishrat Zaman
Abstract:
This study addresses the increasing participation of women in the banking sector of Bangladesh, which has grown by 6.89 percent, according to Bangladesh Bank's report. The research aims to assess the job satisfaction levels of female bankers and the contributing factors. Factors considered include organizational, environmental, work nature, personal, and social-cultural aspects. A mixed-method approach was employed, involving 75 female employees from private and public banks in Rangpur city. Data was collected through a structured questionnaire and analyzed using SPSS. The study identified critical correlations between job satisfaction and specific factors. Conspicuously, satisfaction with salaries, promotional systems, and organizational policies significantly positively impacted overall job satisfaction. The adequate supervision and cohesive group dynamics enhanced satisfaction in the work environment. Certain factors like work nature, personal affecting factors, and socio-cultural elements did not demonstrate statistically significant impacts. The study contributes to a deeper understanding of the multifaceted nature of job satisfaction in the banking sector. It emphasizes the importance of fair compensation, transparent career advancement opportunities, and supportive management practices. By recognizing and addressing these factors, organizations can foster a more positive and productive work environment, ultimately enhancing employee well-being and organizational success.
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