EMPLOYEE SATISFACTION AND HUMAN RESOURCE MANAGEMENT IN NEPALESE COMMERCIAL BANKS
Date
2024
Authors
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Journal ISSN
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Publisher
Shanker Dev Campus
Abstract
The objective of the study is to evaluate and investigate the employee satisfaction with
human resource management of Nepalese commercial banks. This study adopts
descriptive research design to analyze the human resource management status which
causes employee satisfaction in Nepalese commercial bank. Causal-comparative design
is used to find the cause and effect of relationship between different factors and
employee satisfaction in Nepalese commercial banks. The regression analysis on
dependent variable (employee satisfaction) and independent variables i.e. recruitment
and selection (RS), training and development (TD), compensation policy (CP) and
performance appraisal (PA) is analyzed in SPSS software. It is found that that there is
very strong positive relation between performance appraisal and employee satisfaction
in comparison to other variables of HRM practice studied in this study. Although all
the variables are positively associated with employees’ satisfaction in Nepalese
commercial banks. There are some complaints from some employees about the
recruitment and selection and training and development program of the banks, since
these variables have low degree relationship with employee satisfaction. The most
significant factor of HRM practice to increase employee satisfaction is performance
appraisal system followed by compensation policy of the banks. The bank management
should particularly work to improve these dimensions in order to obtain happier and
more productive employees.