Level of Employees Job Satisfaction of Grameen Bank

Abstract

The Grameen Bank is a Nobel Peace Prize-winning organization and community development bank which originated in Bangladesh. It basically provides two small loans, one is microcredit and other one is "Grameen credit"). The word Grameen is comes from the Bengali word gram that means "rural". Micro-credit loans are mainly created on very idea that the poor have abilities that are under-utilized and, with proper incentive, poor can earn more. Grameen Bank also accepts deposits, provides other services, and runs several development-oriented businesses like fabric, telephone and energy companies. The objective of this report is categorized in two types; these are broad objective & specific objectives. Broad objective is to evaluate the level of employees’ job satisfaction of Grameen bank & the particular objectives are to spot the key factors of job satisfaction of the employees, to know employee opinion regarding job satisfaction level of the employees of Grameen bank and to recommend some appropriate measures for improving employee job satisfaction Level of Grameen bank. This study is descriptive in nature. Two varieties of data are used like primary and secondary data. The non–probability convenience sampling technique has been used to make this study. The sample size was 10. Job satisfaction is an employee’s positive and negative feelings about their job. Job satisfaction feeling is generally based on a person's outlook of satisfaction. Job satisfaction are basically two stages: One is affective job satisfaction and other is cognitive job satisfaction. Its helps to lower turnover, higher productivity increased profits which helps spread goodwill. The factors that affect job satisfaction are Employed Environments, Opportunity for Improvement, Huge workload pressure and Stress Level, Respect between Co-Workers, Employees relationship with Superiors, Financial Benefits, Managerial Standards, Commitment and Employee Assessments. Most of the respondents are satisfied with their current salary and benefit packages (bonuses, health insurance) but some number of them are also dissatisfied. Most of the respondents are satisfied with promotion policies of the organization and disagreed that the organization provides flexibility in scheduling. Most of the respondents are dissatisfied with the opportunities to utilize their talent & skill. But most of the respondents are satisfied with the complete job. So, the organization should develop the great co-workers relationship within the work place., they should provide flexibility in work schedule and also the organization should provide better benefit packages for the higher performance of employees.