Can salary be major factor for employee Satisfaction?

gumball

Yes, salary would be a major factor. This is because it quantifies what the individual is worth to the firm and forms a basis for comparison

sashankabijeet

it depends, if ur survey if for lower level employee then yes because that is the most important aspect for them but the moment u climb the ladder it start to negate.

dheerajmah

i think it plays a mojor role. however its not the only option considered while taking in thought about employee Satisfaction............

debassa

Yes I think its the most imp factor in any kind of job

raj_1886

i think besides salary the work environment also do a lot..

raj_1886

even we can say that the band for which u r earning also do the same

pahuja.chirag

yes, salary is one of the major factors in employee satisfaction......

annu.nirmal

Hi,
I think salary is a major concern during the early stages of a person's career life and as he moves up the hierarchy,its priority decreases and job satisfaction and development takes its place...

Jonna

well...........now dis again is a subjective topic

few prefer hike in salary whr as few prefer designation ^_^

if salary was evrything den management wudnt hv come wid sumthing called as 'dry promotion'

besides salary n designation.....wrk environment also plays a vital role ^_^

Nomi

Quote:

Originally Posted by pappu_pager

Money is the most important factor for almost anyone. Other than that you have your working conditions, environment and your relationship with people working in your company. Whether your hard work is appreciated. There are also many other factors which affect an employee satisfaction.

Wrong.

For example: "In largest survey of its kind, nurses say they enjoy interactions with peers the most, pay the least - " Survey of 76,000 Nurses Probes Elements of Job Satisfaction, USA

Or look at:

CREATING JOB SATISFACTION

So, how is job satisfaction created? What are the elements of a job that create job satisfaction? Organizations can help to create job satisfaction by putting systems in place that will ensure that workers are challenged and then rewarded for being successful. Organizations that aspire to creating a work environment that enhances job satisfaction need to incorporate the following:

Flexible work arrangements, possibly including telecommuting
Training and other professional growth opportunities
Interesting work that offers variety and challenge and allows the worker opportunities to "put his or her signature" on the finished product
Opportunities to use one's talents and to be creative
Opportunities to take responsibility and direct one's own work
A stable, secure work environment that includes job security/continuity
An environment in which workers are supported by an accessible supervisor who provides timely feedback as well as congenial team members
Flexible benefits, such as child-care and exercise facilities
Up-to-date technology
Competitive salary and opportunities for promotion

Job Satisfaction: Encyclopedia of Business and Finance

In fact I have never seen it ranked higher than 5 on a scale of 1 to 10.

Nomi