Job Satisfaction of Bank Employees : A case study of padma bank

Abstract

To shed some light on the issue of bank employees' job satisfaction, this thesis concentrated on the case of Padma Bank. The goal was to comprehend how Bangladeshi banking industry employees feel about their jobs and under what circumstances they are willing to stay or leave. Here, Padma Bank offered a useful example. One of the primary objectives of this thesis was to understand the job satisfaction of banking employees using pieces of evidence from Padma Bank. In the banking sector, rewards such as pay, promotions, and job security are critical factors that can impact employee job satisfaction. This thesis identified that job satisfaction is a crucial element of an employee's well-being and job performance in the banking sector considering the workload and heavy activities the employees have to take part in regularly. The employees working for Padma Bank receive regular compensation from the bank based on their performance. This is increasing the satisfaction rate of the employees as it has increased the employee retention rate of the Bank. The banking industry needs to focus on generating job satisfaction among its employees and for this, the commercial banks need to implement effective HRM strategies based on the development needs of the employees and provide them with compensation, reward and a satisfactory salary. The information gathered from Padma Bank will help them to understand the measures they should take to satisfy their employees for the betterment of the bank in the industry.