Job Satisfaction of Employees Working in Life Insurance of Nepal

Abstract

This study examines the job satisfaction of employees working in life insurance of Nepal. Job satisfaction is the dependable variable. The independent variables are job security, work life balance, autonomy, management style and support, organizations culture, reward and recognition. The primary source of data is used to assess the opinions of the respondents regarding the job satisfaction of employees working in life insurance of Nepal. The study is based on primary data of 129 respondents. To achieve the purpose of the study, structured questionnaire is prepared. The correlation coefficients and regression models are estimated to test the different factors affecting the job satisfaction to the employees working in like insurance of Nepal. The result shows that job security has a positive impact on job satisfaction. It indicates that increase in job security leads to increase in job satisfaction. Similarly, work life balance has a positive impact on job satisfaction. It indicates that better work life balance practices leads to increase in job satisfaction. Likewise, autonomy has a positive impact on job satisfaction. It implies that higher the autonony, higher would be the job satisfaction. Further, management style and support has a positive impact on job satisfaction. It indicates that better the management style and support, higher would be the job satisfaction. Moreover, organizations culture has a positive impact on job satisfaction. It states that better organizations culture leads to increase in job satisfaction. Additionally, reward and recognition have positive impact on job satisfaction. It means that increase in reward and recognition leads to increase in job satisfaction.