A Conceptual Study on Employee Satisfaction among various sectors

Abstract

The modern business environment is rapidly evolving because of technological advances and structural reorganizations. The organization must address the issue of people who play a vital role in innovation and adaptability. The employee satisfaction index is an important parameter to measure management effectiveness, prediction of absence, and ultimately increase in productivity of the organization.
Standardization of the survey tool is not less important for reliable data conclusive to the research enterprise. Each of the sectors requires further statistical analyses. These analyses shall reveal the industry-specific determinants of job satisfaction. A comparative analysis of different industries could come up with economically efficient practices that can make a very big difference on key matters. Aspects related to the mental attributes also need consideration, as job satisfaction has a close relationship with the psychology of the employee.