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Can salary be major factor for employee Satisfaction?

This is a discussion on Can salary be major factor for employee Satisfaction? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; It is , one stick to a company only for 3 reasons - challange of the job,money and growth of ...

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Re: Can salary be major factor for employee Satisfaction?
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tripta212002
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Smile Re: Can salary be major factor for employee Satisfaction? - October 6th, 2008

It is , one stick to a company only for 3 reasons - challange of the job,money and growth of the company. So yup, money is 1/3 rd of the consideration set.
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Re: Can salary be major factor for employee Satisfaction? - October 6th, 2008

Yes, if you consider the factors that are important for employee satisfaction like salary, incentives, trophies, certificates, etc etc.., then the salary would definitely account for 60% of the satisfaction of the employees. People have a perception which they nurture strongly - if you have money everything becomes easy. So, a good pay is extremely crucial for employee satisfaction.
   
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Re: Can salary be major factor for employee Satisfaction? - October 6th, 2008

no i don think so,there are many things in this world that money cant repalce
eg happiness,satisfaction.
   
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Re: Can salary be major factor for employee Satisfaction? - October 6th, 2008

Salary will be not major factor for job satisfaction!!!! For me apart from money a person enjoy its job to the fullesr extend if an employee enjoy its job he will give ts 100% and vice versa....factors like infrastruture,culture and enivornment of the ompany also layss a major role
   
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Re: Can salary be major factor for employee Satisfaction? - October 6th, 2008

I think so this question is general question in that manner i am giving u answer.

Not in all cases but in few cases salary is major factor. because many people having habit of changing job for getting higher offer as well as higher post in the organization. but after curtain age of the person he or she will conc. on their family. this means age also matter for changing mind set of human.
   
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Re: Can salary be major factor for employee Satisfaction? - October 7th, 2008

Their are a lot of facters which are effecting the customer satisfaction other than salary like brand name, work enviornment, company response towards the employees but salary is the most crucial factor for employee satisfaction because it fullfill the personal as well as social needs of an individual and creates a good lifestyle.
   
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Re: Can salary be major factor for employee Satisfaction? - October 7th, 2008

salary can be a factor but not a priority. A recent survey taking in our company showed salary at fourth place with communication to supervisors being 1st.
   
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Re: Can salary be major factor for employee Satisfaction? - October 7th, 2008

Well i would say dat salary is important but job satisfaction is the most important....a job dat include good salary package ,provides environment 4 growth ,inclined 2wards learning...n continue to provide value......
   
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Re: Can salary be major factor for employee Satisfaction? - October 8th, 2008

i dnt think so...i know people who have been in an industry for more than 15 years...and still getting measely salaries.....



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Re: Can salary be major factor for employee Satisfaction? - October 8th, 2008

HI ALL,

salary is an imp factor but the job conditions & responsibilities also plays a major role. They both are like oxygen & water. Both are needed for the survival
   
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