HUMAN RESOURCE PRACTICES AND EMPLOYEE SATISFACTION OF COMMERCIAL BANK IN NEPAL A

Abstract

This study looks at how employee satisfaction in Nepalese commercial banks is affected by HR practices. The variable that is dependent is employee satisfaction. Workplace culture, training and performance reviews, salary and benefits, and promotions and transfers are the independent factors. 400 respondents from Kathmandu city were asked for their perspectives as part of a primary data collection process. The survey employed structured questionnaires that included cross-sectional data and a five-point Likert scale. The relationship and effect of an independent variable on employee satisfaction were determined using regression analysis and correlation analysis. The findings indicate that there is a favorable association between work culture, training and performance reviews, salary and benefits, and promotions and transfers with employee satisfaction. Executives at commercial banking institutions could find this study and its findings useful in making decisions, as it offers a basis for projecting and mitigating employee-related problems. Thus, this study offers a more thorough understanding of the current state of HR practices and how they relate to worker happiness. Subsequent studies may be carried out incorporating additional variables related to human resource strategies, as well as gathering additional data to evaluate potential long-term effects. Thus, in subsequent research, the relationship between demographic factors and moderating effects can be investigated.