Ekonomika a management
PAY AND OFFER OF BENEFITS AS SIGNIFICANT DETERMINANTS OF JOB SATISFACTION – A CASE STUDY IN THE CZECH REPUBLIC
Human resources have long been the most essential factor that affects the performance of an organization, its organizational culture or its innovation processes. They are more or less connected with everything that is going on within the organization, but they are also the key players in relation to the organization‘s surroundings, communicating with customers, suppliers and other relevant partners and institutions (Šoltés & Gavurová, 2014).
Jméno a příjmení autora:
Marcela Sokolová, Hana Mohelská, Václav Zubr
Job satisfaction, pay, fringe beneﬁts, human resources
DOI (& full text):
Emotions are an important factor that affects employee performance; job satisfaction or dissatisfaction represent one of the important components of emotions. There are very few studies dealing with…více
Emotions are an important factor that affects employee performance; job satisfaction or dissatisfaction represent one of the important components of emotions. There are very few studies dealing with determinants that affect job satisfaction in the Czech Republic. The studies published so far show that the Czech Republic has ranked and still ranks among the states with the lowest level of satisfaction. The aim of this study is to answer the research question whether changing trends in the level of pay and fringe beneﬁts correlates to overall job satisfaction, or satisfaction with pay and fringe beneﬁts. Pay and fringe beneﬁts are signiﬁcant determinants that affect job satisfaction. The results of the study show that they lower the overall level of job satisfaction since the average level of these determinants is lower than the average level of overall job satisfaction. Overall job satisfaction is increased by other factors, such as supervision, co-workers, nature of work and communication, whose average level of satisfaction exceeds 4.00. Therefore, the emerging trend of rising pay levels is deﬁnitely good for increase the level of overall job satisfaction. On the other hand, it is impossible to prove that changing trends in pay correlates to overall job satisfaction, which is also signiﬁcantly affected by other determinants. It would be suitable, within the framework of further surveys, to expand the area of examination to include additional determinants, such as family life satisfaction, or to examine how job satisfaction affects life satisfaction. The paper was written with the support of the speciﬁc project 2016 grant “Determinants affecting job satisfaction” granted by the University of Hradec Králové, Czech Republic.
Ekonomika a management