06).Conclution

 

 Conclusion

 

 Employee satisfaction can be well understood in terms of its connection with some key factors such as well- being, stress at work, control at work, working condition etc. employee satisfaction is based on how the organization treats them, effective employee satisfaction for individuals reflects from the emotional feeling they have about their job.

High job satisfaction effectively leads to the improved organizational productivity, decreased employee turnover, and reduced job stress in modern organizations. Job satisfaction leads to a positive ambience at the workplace and is essential to ensure the higher revenues for the organization.

There are key responsibilities with the HR Department of the organizations as they are the main decision makers of employee retention.

• Creating and overseeing new employee recruitment

• Interviewing job candidates and sharing their evaluations with other managers

• On boarding new employees

• Managing any necessary employee training

• Serving as a link between stakeholders and employees

• Researching, compiling, implementing and maintaining employee benefits packages

• Planning special events and outings

• Developing and enforcing corporate policies and procedures

• Consulting with other leaders on human resource issues

• Scheduling and coordinating vendors, specialists and support staff

• Mediating workplace conflicts

• Hiring and firing employees

• Ensuring an organization adheres to all laws and regulations

• Managing payroll processes

• Making recommendations to better utilize team members

• Developing initiatives to improve employee job satisfaction

  With the right decisions of HR department employees will be satisfied with their work life and also their personal lives.Satisfied employee can be easily directed to achieve organizational goals. 
  

   

References

Central Bank of Sri Lanka (2019). Banking Sector | Central Bank of Sri Lanka. [online] Cbsl.gov.lk. Available at: https://www.cbsl.gov.lk/en/financial-system/financial-system-stability/banking-sector.[Accessed 22 April 2023].

 byjusexamprep.com. (n.d.). 10 Reasons to Choose Banking Sector as a Career | Career in Banking Sector. [online] Available at: https://byjusexamprep.com/good-reasons-to-choose-banking-as-a-career-i [Accessed 22 April 2023].

Boatman, A. (2021). 8 Causes of Job Dissatisfaction & How to Combat It. [online] AIHR. Available at: https://www.aihr.com/blog/job-dissatisfaction [Accessed 22 April 2023].

Dennis, J. (2023). 7 Warning Signs of an Unhappy Employee (2023) | TA. [online] Technology Advice. Available at: https://technologyadvice.com/blog/human-resources/signs-employees-unhappy/ [Accessed 23 April 2023].

Team, M.S. (n.d.). Job Satisfaction - Meaning, Importance, Factors & Example. [online] MBA Skool. Available at: https://www.mbaskool.com/business-concepts/human-resources-hr-terms/4394-job-satisfaction.html#google_vignette [Accessed 23 April 2023].

 Jenns, N. (2017). 5 Ways HR can Maintain level of Job Satisfaction. [online] HRZone. Available at: https://www.hrzone.com/community/blogs/nickijenns/5-ways-hr-can-maintain-level-of-job-satisfaction.[Accessed 25 April 2023].

Lucidchart Content Team (2019). What Does HR Actually Do? 11 Key Responsibilities | Lucidchart Blog. [online] Lucidchart.com. Available at: https://www.lucidchart.com/blog/what-does-hr-do.[Accessed 28 April 2023].

www.bamboohr.com. (n.d.). What is an Exit Interview? | BambooHR Glossary. [online] Available at: https://www.bamboohr.com/resources/hr-glossary/exit-interview. [Accessed 30 April 2023].