What is meant by Job Satisfaction?
Job Satisfaction is the employee‘s Perception of how well their job provides those things that are viewed as important.Let‘s look into the characteristics of the job which give the job satisfaction to the employees:
1) Challenging job: job must have scope for application of skill, knowledge and initiative. Above all it must be meaningful.
2) Equitable rewards : more than the rewards equity and fairness or reward is equally important.
3) Supportive working conditions: Good and supportive working conditions are equally important for good performance by the employees and also for increasing their job satisfaction.
4) Supportive supervisors and colleagues: Cooperative colleagues and Supportive supervisors definitely motivate the employee to perform better and increase the job satisfaction.
There have been considerable studies that have been conducted on job satisfaction to ascertain its effect on various aspects of employee behavior. We will have a quick glance at these findings now.
Satisfaction and Productivity
The available research evidence does not always support the claim happy workers are the productive workers. This seems to be true at the individual level, though at the organizational level, some positive relationship is found between these two variables. So, according to Stephens Robbins, we might conclude that though a happy worker is not always more productive, happy organizations are more productive.
Satisfaction and Absenteeism
We find a consistent negative relationship between satisfaction and absenteeism, but the correlation is moderate — usually less than + 0.40. It certainly make sense that dissatisfied workers are more likely to miss work than their satisfied counterpart.
Nevertheless, we must remember that there are other factors that might have some impact on this relationship.
Satisfaction and Turnover
Satisfaction is also found to be negatively related to turnover and the correlation between the two is stronger than what is found between satisfaction and absenteeism. Certainly other factors such as general market conditions, expectations about alternative job opportunities, and length of tenure with the organization are important constraints on the actual decision to leave one‘s current job.
Other effects: In addition to those noted above, there are a number of other effects brought about by high job satisfaction. Highly satisfied employees tend to have better mental health and physical health, and they learn new job-related tasks more quickly and tend to exhibit pro-social behaviors such as helping co-workers and being more cooperative.
Job Satisfaction is the employee‘s perception of how well their job provides those things that are viewed as important.