A meta-analysis of determinants influencing bank employees’ satisfaction
2023-08-10
SCID: 54.1/288gq2je
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intrinsic motivationleadershiporganizational commitmentrewardworking conditions
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Abstract (AI)
Job satisfaction is an important factor in the success of any organization, and the banking industry is no exception. This study conducted a meta-analysis of 34 empirical studies to identify the key factors that influence job satisfaction among bank employees. The results showed that seven factors were most frequently cited as important: leadership, intrinsic motivation, reward, organizational commitment, work ethic, HRM activities, and working conditions. These factors were all found to have a positive impact on job satisfaction, with leadership having the strongest effect. The meta-analysis also found that the effect sizes of these factors were relatively large, indicating that they have a significant impact on job satisfaction. This suggests that banks can improve job satisfaction among their employees by focusing on these factors. For example, banks can provide employees with strong leadership, offer competitive rewards, and create a positive work environment. By doing so, banks can boost employee morale and productivity, which can lead to improved customer service and financial performance.
Key Findings
1
All seven identified factors were found to have a positive impact on bank employees' job satisfaction.
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Implication: banks can potentially improve employee morale and productivity by strengthening leadership, offering competitive rewards, and improving work environment and HRM activities.
3
Leadership exhibited the strongest effect on job satisfaction among the seven factors.
4
Meta-analysis of 34 empirical studies identified seven most-cited positive determinants of bank employees' job satisfaction: leadership, intrinsic motivation, reward, organizational commitment, work ethic, HRM activities, and working conditions.
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The effect sizes for these factors were reported as relatively large, indicating a significant impact on job satisfaction.
Research Object
Bank employees (workforce in the banking industry)
Research Subject
Determinants of job satisfaction—specifically leadership, intrinsic motivation, reward, organizational commitment, work ethic, HRM activities, and working conditions—and their effect sizes on employee job satisfaction
Publication Details
Publication Date
2023-08-10
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