In Organizational Behavior, job satisfaction is one of the most researched variables in the workplace. So, what is job satisfaction?
Is it simply how content an individual is with his or her job, in other words, whether or not they like the job or it's individual aspects, such as the nature of work or supervision. It's important because the
Lower turnover, higher productivity, increased customer satisfaction, better employee attendance and satisfied employees tend to handle pressure better.
All of these help companies to earn higher revenues and that's what's important in business.
Job satisfaction is always higher if creativity is involved. Creative freedom gives a sense of fulfillment when project is complete.
On the other hand, in jobs which are monotonous, the employee feels detached. The monotony alienates and hence the job satisfaction level falls drastically.
Employees see pay as a reflection of how management views their contribution to the organization. Money not only helps people attain their basic needs but is also instrumental in providing a level of satisfaction.
People love to be appreciated. Even for the smaller job, to have an appreciation from colleagues and boss is important. Being acknowledged in front of everyone for a job well done gives a boost to their morale. When appreciation leads to encouragement, the ultimate result is reflected in the efficiency of work automatically. Therefore, the level of job satisfaction is always higher wherever appreciation is higher.
Fair Policies and Practice
Individuals who perceive that promotion decisions are made in a fair and just manner are likely to experience satisfaction from their jobs. Very often employees are demotivated and dissatisfied with their jobs because of percieved unfair practices at their place of work.
It is therefore of utmost importance for an organization to have a fair and equal system regarding practices and policies so that there is minimal workplace frustration.