A Comparative Analysis of Job Satisfaction in Public and Private Sector Banks of Raichur District
Author(s): 1. Mr. Sanjaya Balyanayak , 2. Dr. B Vijaya M.com, Ph.D
Authors Affiliations:
- Research Scholar, Department of Commerce, Gulbarga University, Kalaburagi-585106, Karnataka (India),
- Professor, Department of Commerce, Gulbarga University, Kalaburagi-585106, Karnataka (India),
This study investigates the levels of job satisfaction among employees in selected public and private sector banks in Raichur District, Karnataka, with a focus on two key dimensions: job security and rewards and recognition. In today’s competitive banking environment, understanding employee satisfaction is vital for organizational performance and long-term sustainability. The research adopts a descriptive and analytical design, with a sample of 420 employees drawn from State Bank of India, Canara Bank, ICICI Bank, and HDFC Bank. Data were collected using a structured questionnaire and analyzed using descriptive statistics, including mean and standard deviation.
Findings reveal that employees in public sector banks express high levels of job satisfaction due to strong job security, transparent promotion policies, and opportunities for skill development. The highest-rated aspects were training and upskilling (mean = 4.47) and financial benefits (mean = 4.45), while mental health support showed the lowest satisfaction (mean = 3.87), indicating an area for improvement. Conversely, private sector bank employees reported greater satisfaction with performance-based incentives, non-monetary rewards, and peer recognition. Timely and specific feedback (mean = 4.57) and consistent recognition programs (mean = 4.47) emerged as key motivators.
The study recommends enhanced mental health programs, improved communication, personalized recognition strategies, and sustained reward systems to boost job satisfaction. By addressing these areas, banks can foster a more engaged and productive workforce. The research highlights the need for tailored HR practices in both sectors to meet diverse employee expectations and drive organizational success.
Mr. Sanjaya Balyanayak , Dr. B Vijaya (2025); A Comparative Analysis of Job Satisfaction in Public and Private Sector Banks of Raichur District, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-11, Issue-5, Pp.282-287.     Available on –  https://www.ijirmf.com/
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