Abstract:

This paper aims to determine the factors affecting the job satisfaction of the employees working in the private commercial banks (PCBs) of Bangladesh. The Minnesota Satisfaction Questionnaire has been used to obtain the data from 590 employees working at the mid-level, junior-level, and entry-level in the thirty PCBs of Bangladesh. Convenience sampling technique has been used to select the PCBs and the respondents. Chi-square test and binary logistic regression analysis have been utilized as statistical tools in this study. The results of the study show that nature of the bank, age, marital status, education, length of the service, and number of bonuses of the employees have significant impact on job satisfaction and thus, for these variables null hypotheses are accepted. The results also found that sex, salary, level of present service, and area of service have statistically no influence on job satisfaction and thus, alternative hypotheses are accepted for these variables. Due to rapid development and competition in the PCBs, some measures should be taken to reduce long working hours and tight leave policy to foster job satisfaction. Implications, limitations, and future directions are also discussed in the study.

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