Impact of Compensation Factors on Teachers’ Job Satisfaction: An Econometric Focus

Global Disclosure of Economics and Business

View Publication Info
 
 
Field Value
 
Title Impact of Compensation Factors on Teachers’ Job Satisfaction: An Econometric Focus
 
Creator Kumar, Dhanonjoy
 
Subject Job Satisfaction, Allowance, Basic Pay, Compensation, Retirement Benefits
 
Description Compensation satisfaction represents an important construct to organizations and to the field of Human Resource Management because it serves as a critical mediator between an organization’s compensation policy and relevant behavioral and attitudinal outcomes (Blau, 1994; Lawler, 1981; Sturman & Short, 2000). Compensation plays a significant role in determining employees’ job satisfaction. According to Bozeman & Gaughan (2011), the perception of being paid what one is worth predicts job satisfaction. This study, therefore, seeks to establish the effects of compensation on job satisfaction among primary school teachers, secondary school teachers and college teachers in Bangladesh. The questionnaires prepared for this purpose are applied to 250 teachers who are currently working in various schools and colleges in Bangladesh. The collected data have been analyzed through several techniques by using SPSS 17.0 program. Analyses of the study reveal that a significant relation is observed between the compensation factors and the job satisfaction of the teachers. Overall, the teachers’ job satisfaction levels are not so elevated (mean value is 3.46 and a standard deviation is 0.982). Besides, the differences among the demographic variables (age, gender, monthly income level, job experience, and education) and the attitudes towards these factors and the levels of job satisfaction are also measured. This study provides significant information for educational institutions regarding compensation factors of job satisfaction. 
 
Publisher i-Proclaim
 
Contributor
 
Date 2016-12-20
 
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/215
 
Source Global Disclosure of Economics and Business; Vol 5, No 2 (2016): 10th Issue; 67-76
2307-9592
2305-9168
 
Language eng
 
Relation http://i-proclaim.my/archive/index.php/gdeb/article/view/215/pdf
 
Rights Copyright (c) 2016 Dhanonjoy Kumar
http://creativecommons.org/licenses/by-nc/4.0
 

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