Job Satisfaction of the Employees of the General Insurance Companies in Bangladesh

Global Disclosure of Economics and Business

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Field Value
 
Title Job Satisfaction of the Employees of the General Insurance Companies in Bangladesh
 
Creator Jashim Uddin, Mohammad
Chowdhury, Md. Masud
Yasmin, Masuma
Akter, Aklima
 
Subject Job Satisfaction, Public sector, Private sector, Employees, Influencing factor, General Insurance Companies
 
Description This study investigates the employees’ job satisfaction of general insurance companies in Bangladesh. A questionnaire was utilized to collect primary data from both public and private general insurance companies. The first part of the questionnaire comprises of the demographic profile of the respondents and the last part indicates the key measuring variables on a Likert scale ranging from 5 (strongly agree) to 1 (strongly disagree) of job satisfaction. The total number of respondents for this study was 385. 74.80 percent of the total respondents have taken from the private general insurance companies, and the remaining percentage from the public general insurance company. 70 percent of the total respondents were male respondents, and 30 percent of the total respondents were female respondents. Factor analysis and correlation matrix have been conducted to analyze the collected data. This study postulates that employees of general insurance companies have positive as well as negative feelings. Three factors reflect positive feelings toward their jobs. These factors are pay and promotional potential, the well-organized chain of command and general working condition. On the other hand, two factors are responsible for negative feelings. These factors are poor team spirit and poor job security. This paper also advocates some recommendations to maximize the positive feelings and to minimize the negative. The proper higher authority should ensure participating decision method to take any decision, the fair delegation, and direct relationship with sub-ordinates to enhance the team spirit for minimizing the dissatisfaction of the employees and should ensure the job security of the employees to get their best effort to achieve the organizational goal. 
 
Publisher i-Proclaim
 
Contributor
 
Date 2016-06-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://i-proclaim.my/archive/index.php/gdeb/article/view/77
 
Source Global Disclosure of Economics and Business; Vol 5, No 1 (2016): 9th Issue; 7-18
2307-9592
2305-9168
 
Language eng
 
Relation http://i-proclaim.my/archive/index.php/gdeb/article/view/77/76
 
Rights Copyright (c) 2016 Mohammad Jashim Uddin, Md. Masud Chowdhury, Masuma Yasmin, Aklima Akter
http://creativecommons.org/licenses/by-nc/4.0
 

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