Title : | Impact of employee participation on job satisfaction, employee fairness perception and organizational commitment: a case of Nepalese commercial banks | Material Type: | printed text | Authors: | Jyotshna Pandey, Author | Publication Date: | 2015 | Pagination: | 76p. | Size: | GRP/Thesis | Accompanying material: | 3/B | General note: | Including bibliography | Languages : | English | Descriptors: | Banks Banks and banking Commercial banks Employees Job satisfaction Nepal
| Keywords: | 'employee satisfaction job satisfactions employees banks bank and banking commercial banks nepal' | Class number: | 332.1 | Abstract: | From the past few years, it has been seen that Nepalese commercial banks are playing a significant role in the economic development of a country. There are numerous empirical evidences of developed countries that impact of employee participation on job satisfaction, employee fairness perception and organizational commitment has significant impact on improving the performance of commercial banks. However, despite of several empirical evidences, impact of employee participation on job satisfaction, employee fairness perception and organizational commitment issues are still unsolved in context of Nepalese banking industry. Therefore, this study attempts to identify the determinants of employee participation and its impacts in Nepalese commercial banks.
This study sampled 160 employees working in 15 randomly selected commercial bank of Nepal situated inside Kathmandu valley. The data for the analysis were collected through questionnaire survey. Thus, collected data were analyzed using excel, and SPSS statistical package. The study is based on primary sources of data. Altogether, 15 commercial banks which were established before 2002/03, was taken as the sample for the study. This study used methods such as frequency distribution, mean, standard deviation, descriptive analysis, correlation analysis, and regression analysis in order to analyze the data.
The major conclusion of this study is, correlation analysis on the sample data disclosed that impact of employee participation on job satisfaction, employee fairness perception and organizational commitment have positive significant relation. Among all three determinants organizational commitment is more influence by employee participation as it has highest correlation coefficient.
Likewise, the study also revealed that organizational commitment has the highest positive beta coefficient of 0.811 with job satisfaction 0.667 and employee fairness perception 0.639. This reveals that, employee participation has most impact on organizational commitment.
Based on the findings and conclusions, the study recommends that Commercial banks top level staff should respect and understand lower level employees’ views and problems to increase commitment and keep staff satisfied on work. The commercial bank should develop mechanism for the fair appraisal of the employees, based on performance and capabilities as well as build dedicated task force to be executed by banks management and the remuneration should be adequate as per the work load. Finally, commercial banks should increase employee participation in order to increase satisfaction level, fairness perception and trust level among employees, and should focus on involving employees in important organizational activity in order to increase their commitment towards organization. |
Impact of employee participation on job satisfaction, employee fairness perception and organizational commitment: a case of Nepalese commercial banks [printed text] / Jyotshna Pandey, Author . - 2015 . - 76p. ; GRP/Thesis + 3/B. Including bibliography Languages : English Descriptors: | Banks Banks and banking Commercial banks Employees Job satisfaction Nepal
| Keywords: | 'employee satisfaction job satisfactions employees banks bank and banking commercial banks nepal' | Class number: | 332.1 | Abstract: | From the past few years, it has been seen that Nepalese commercial banks are playing a significant role in the economic development of a country. There are numerous empirical evidences of developed countries that impact of employee participation on job satisfaction, employee fairness perception and organizational commitment has significant impact on improving the performance of commercial banks. However, despite of several empirical evidences, impact of employee participation on job satisfaction, employee fairness perception and organizational commitment issues are still unsolved in context of Nepalese banking industry. Therefore, this study attempts to identify the determinants of employee participation and its impacts in Nepalese commercial banks.
This study sampled 160 employees working in 15 randomly selected commercial bank of Nepal situated inside Kathmandu valley. The data for the analysis were collected through questionnaire survey. Thus, collected data were analyzed using excel, and SPSS statistical package. The study is based on primary sources of data. Altogether, 15 commercial banks which were established before 2002/03, was taken as the sample for the study. This study used methods such as frequency distribution, mean, standard deviation, descriptive analysis, correlation analysis, and regression analysis in order to analyze the data.
The major conclusion of this study is, correlation analysis on the sample data disclosed that impact of employee participation on job satisfaction, employee fairness perception and organizational commitment have positive significant relation. Among all three determinants organizational commitment is more influence by employee participation as it has highest correlation coefficient.
Likewise, the study also revealed that organizational commitment has the highest positive beta coefficient of 0.811 with job satisfaction 0.667 and employee fairness perception 0.639. This reveals that, employee participation has most impact on organizational commitment.
Based on the findings and conclusions, the study recommends that Commercial banks top level staff should respect and understand lower level employees’ views and problems to increase commitment and keep staff satisfied on work. The commercial bank should develop mechanism for the fair appraisal of the employees, based on performance and capabilities as well as build dedicated task force to be executed by banks management and the remuneration should be adequate as per the work load. Finally, commercial banks should increase employee participation in order to increase satisfaction level, fairness perception and trust level among employees, and should focus on involving employees in important organizational activity in order to increase their commitment towards organization. |
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