Abstract:
Introduction
The study will examine job satisfaction, focusing on the significant role of
compensation in India's current economic context. While other factors like
interpersonal relationships and work environment are important, they
often take a backseat to financial rewards. However, ignoring these factors
can negatively impact employee morale, productivity, and overall job
satisfaction, leading to potential career stagnation. The Aim of the study is
to raise awareness about a potential productivity issue: if younger
employees do not receive adequate compensation, their productivity may
decline.
2. Research Methodology
This study investigates factors influencing employee job satisfaction. It
uses a quantitative research methodology, a survey of 50 employees was
conducted to assess preferences for compensation and interpersonal
relationships. The findings will be analyzed using the t-test and compared
to Maslow's Hierarchy of Needs theory to understand the impact of age on
job satisfaction priorities.
3. Findings and Discussion
The study found a strong correlation between age and employee behavior.
Older employees tend to prioritize factors like loyalty and empathy, while
younger employees may focus more on financial incentives.
4. Conclusion and Implications
The study found that younger employees prioritize financial security and
compensation, while older employees value respect, recognition, and a
positive work environment. To maintain employee satisfaction and
productivity, companies should balance these needs by offering fair
compensation and fostering a supportive work culture.