JOB SATISFACTION –A Comparative Analysis of Public and Private

 Comparative Study of Public and Private

Selection of the Topic

It is obvious that work is important in every society, the extent of importance will vary, however, and much of what is “Known” about work as a motivator often is culture-specific. Different arena has different attributes which influence job satisfaction among employees in insurance companies.

The belief that satisfied employees are more productive than dissatisfied employees has been a basic tenet among managers for years. Although much evidence questions that assumed causal relationship, it can be argue that advanced societies should be concerned not only with the quality of life- that is, concerns such as higher productivity and material acquisitions – but also with its quality.

Those researchers with strong humanistic values argue that satisfaction is a legitimate objective of an organization. Not only is satisfaction negatively related to absenteeism and turnover, but they argue, organizations have a responsibility to provide employed with jobs that are challenging and intrinsically rewarding.

Therefore, although job satisfaction represents an attitude rather than behaviors. The researchers related to the organizational behaviors discipline also consider job satisfaction as an important dependent variable.

Keeping job satisfaction’s universal importance in mind researcher has chosen the topic related to insurance sector.

Sampling Procedure and Design

To carry out the present research, primary data has been used with the help of questionnaire. There are total 80 respondents from different insurance companies of public and private. In public sector employees are from life Insurance  Corporation of India, and in the private sector the employees are from Bajaj Allianz, ICICI Prudential, Reliance Life Insurance, Birla Sun Life. 

Methods of Data Collection

Researcher has opted two source for the collection of data. (1) Primary and  (2) secondary . The primary data has been collected from self-administered questionnaire and interview methods. The respondents were contacted personally at their workplaces. 

A quantitative survey has been chosen for the research because it is a simple and cost effective means of gathering a large amount of information within a short timeframe. The analysis and interpretation of the data is supplemented with the information available from published and unpublished sources.

 
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