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Job satisfaction is defined as the extent to which an employee feels self-motivated, content & satisfied with his/her job. Job satisfaction happens when an employee feels that they have job stability, career growth, and a comfortable work life balance. It plays a significant role in employee performance, workplace morale, and overall well-being.

Job satisfaction compares to the psychology of an employee. If an employee is happy and content with the job, they are always motivated and will contribute more. However, a dissatisfied employee may be lethargic, makes mistakes and becomes a burden to the company. Here are a few key factors that influence job satisfaction:

  1. Compensation and Working Conditions

One of the biggest factors of job satisfaction is the compensation and benefits given to an employee. An employee with a good salary, incentives, bonuses, healthcare options is happier with their job as compared to with someone who does not have the same. A healthy workplace also adds value to an employee.

  1. Work life balance

Everyone would like to have a good workplace that offers them time to spend with their family and friends. A good work-life balance policy, which ensures that an employee spends quality time with their family along with doing their work, provides job satisfaction.

  1. Respect and Recognition

Any individual appreciates and feels motivated if they are respected at their workplace. In addition, if they are awarded for their hard work, it further motivates employees.

  1. Job Security

When employees are assured that the company will retain them even if the market is turbulent, it gives them immense confidence.

  1. Challenges

Monotonous work activities can lead to dissatisfied employees. Job rotation and job enrichment can assist in job satisfaction among employees.

  1. Career Growth

Employees always keep their career growth as a high priority in their life. If a company helps groom employees and gives them newer job roles, it enhances job satisfaction as they know they will get a boost in their career.

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