Saturday, May 11, 2019

THE LEVEL OF EMPLOYEE SATISFACTION AND COMMITMENT AT LLOYDS TSB BANK Dissertation

THE LEVEL OF EMPLOYEE SATISFACTION AND shipment AT LLOYDS TSB BANK (FRONT DESK STAFF) - Dissertation ExampleEmployee satisfaction is absolutely necessary among front desk staff especially those works in investment banks or other sales related companies as they represent an organization and add in a greater portion of the revenue. The purpose of this study is to measure the employee satisfaction levels among Lloyds TSB front desk staff, virtuoso of the leading banks of UK. A questionnaire based survey was conducted and it was nominate that although the pay package and benefits provided by the bank were sooner attractive, employee satisfaction was average among the Lloyds TSB front desk staff. An analysis of the questionnaire using popular satisfaction/motivation theories revealed that along with money other factors such as communication with the employees, respect and recognition and appreciation are also important. It was found that fleshy HRM is mostly practiced in Lloyds Bank T SB branches and hence it is recommended that a blend of both hard and soft HRM should be applied in order to improve the employee satisfaction levels. ... ies 15 2.3 Maslows system 16 2.4 Herzbergs Two Factor Theory 18 2.5 Alderfers ERG Theory 19 2.5.1 utilise Alderfers ERG Theory at Workplace 20 2.6 Vrooms Theory of Expectancy 20 2.6.1 Applying Vrooms Expectancy Theory in an Organization 21 2.7 Lockes Path name and address Theory 21 2.8 Studies on Employee Satisfaction 22 2.9 Theoretical Framework 24 3.RESEARCH METHODOLOGY 26 3.1 investigate Philosophies 26 3.2 Research Design 27 3.3 Data Sources 28 3.4 Data Collection Tools 28 3.5 Sampling Strategy and Sample Size 29 3.6 Data Analysis 31 3.7 Validity and reliability Concerns 32 3.8 Ethical Considerations 33 4.FINDINGS 34 4.1 Section A Demographics 34 4.2 Section B benevolent Resource Policies 37 4.3 Section C Job satisfaction at Lloyds bank 43 4.4 Section D Employee Training and Development Practices 48 4.5 Section E Perform ance and Evaluation 48 4.6 Section F Compensation 49 4.7 Section G Employee Retention 51 4.8 Section H Employee Commitment 52 5.DISCUSSION AND ANALYSIS 54 5.1 Analysis 56 6.CONCLUSION 59 6.1 Recommendations 61 6.2 Revisiting Aims and Objectives 62 6.3 Research Limitations and Future Research Scope 63 References 64 Appendix- I 73 THE LEVEL OF EMPLOYEE SATISFACTION AND COMMITMENT AT LLOYDS TSB BANK (FRONT DESK STAFF) 1. INTRODUCTION Employee satisfaction is commonly defined as the measure of how happy and bailiwick an employee is with his/her note and working environment (Kennet & Salini 2011). It has been observed that at times even though the package offered to the employee is good, the employees mystify discouraged and resign from their jobs. Certain factors like limited growth opportunity, lack of appreciation and recognition, high job stress and even lack of communication within the organization discourage and frustrate an employee. The

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