Importance of Job Satisfaction In the organizational behavior researches, it is found that job satisfaction plays a positive role on both the employer and the employee. Importance of job satisfaction from these two interest groups are discussed below: For the employer, if the organization gets a group of satisfied workers, it will enjoy a better turnover and productivity. The organization will have a goodwill and a mystique will be created. As a result, employee retention rate will be high resulting stability within the organization. Customer, client or citizen satisfaction will be ensured through a group of distinguished, self-esteemed and satisfied workers.
Employers should look at their entire benefits offering to help them improve wellbeing and keep their best people." Most companies want their best people around. Also, companies CARE for their employees and it is their joy to cultivate and keep their BEST people into better people. In order to show their care, they apply job rotation to keep their best people from being bored from monotonous work, and improve them as they are granted understanding on how the company works. Lastly, Job Rotations give stresses to employees due to gradual shifting, employees are happy to their current job, or it might be they are always in the pursuit of new knowledge to be applied to their shifted job (in which, they are going to do again in a short while after being rotated again).
In many organizations, reward management has been seen to be a vital instrument in employee performance Guest (2002). A well rewarded employee feels that they are valued by the company. Such employees are encouraged to work harder and better if they are aware that their wellbeing is taken seriously by their employers, and that their career and self development are also being honed and taken care of by their company. Employees are the engine of organization vehicles while reward is the fuel. No organization can achieve its stated objectives without its employees.
Firstly, employers in workplace try to increase productivity through compensation. Increase in compensation will increase the motivation of the employee and hence they will work hard to achieve the goals. Secondly, employers can focus on job satisfaction of their employees. Job satisfaction means treating them fairly and ensuring that they are involved in projects and are integral to the firm. Ensuring job satisfaction is one of the main ways to increase productivity.
With respect to Job it means attitude towards working hours, benefits attached or level of autonomy at place of work etc. The study of job satisfaction helps management with the variety of information related to job, employees, environment etc. and which in turn can facilitate them in making better and smart decisions and correcting the path if required. It helps in improving the attitudes of employees towards the job and facilitates integration of employee with the organization. It inspires sense of belongingness and sense of participation leading to the overall increase in the productivity of the organization as people show increased Organization Citizenship Behavior
For this purpose HR manager of Tesco provides a good environment for working, a good lifestyle, and recognition so that they can give maximum output (Sims, 1990). Tesco also get satisfied because their investment on employee training program did not go in vain. Their employees are also working at their highest level and provide more productivity to the firm. Training program not only brings efficient employees but them also help to gather customer loyalty which is also important for any
What is job satisfaction? Job satisfaction is the level of contentment employees feel regarding their works, which acts as a motivation to work. This feeling is primarily based on an individual 's perception of satisfaction. Job satisfaction can be influenced by an employee 's ability to complete required tasks, the level of communication in an organization, and the way management treats employees. Is job satisfaction important?
Some applicants will be attracted to a job for non-monetary rewards. Recognition for hard work makes an employee feel appreciated and wanted and makes them want to perform to the best of their abilities. If the job has growth and advancement opportunities, this is motivation for the employees to perform at high levels. Rewarding a productive employee with a bonus or paid time off is a good way to keep talent. Fair pay and benefits are likely to promote job satisfaction.
Leader-member exchange highly improves job quality and fulfilment and aids in demonstrating OCB. For firms to be able to incorporate the OCB, they have to hire people who have conscientiousness traits as they demonstrate OCB behaviour which often results in progression within an organization in special offers and job satisfaction. The workers in return gain respect and recognition for their work from the management which increases motivation and further inspire to adopt OCB. Employees with conscientiousness traits have great LMX quality relationships with their superiors. This leads to high levels of job satisfaction from implementing OCB giving them more responsibility and freedom and present constantly new opportunities for them.
Job satisfaction has various theories which measure job satisfaction from various aspects. Job satisfaction is generally measured as workers’ feelings towards the job situation. It is the level of the individual likeness of the job. When satisfied with a job, workers consider that job is the part of their life; hence they enjoy doing their work. Job enjoyment is related to the nature and operation of work.