Abstract:
Employees are the backbone of any organization. They are the most precious and important
asset among all the assets of any organization. Job satisfaction is a part of employee life
satisfaction. So the employee job satisfaction becomes one of the top priority issues in the
banking industry. Therefore, the study aims to identify the level of job satisfaction of banking
employees’ in private and public banks in Sri Lanka with reference to Anuradhapura District.
All employees who are working in both public and private banks in Anuradhapura District
were the population of the study and out of them 226 employees were selected as sample of
the study based on stratified sampling technique. Data were processed through number of rigorous analysis to derive a robust conclusion. The findings of the study indicated higher
level of job satisfaction of public sector banking employees than private sector employees in
Sri Lanka. Further study regression result highlighted statistically significant impacts of work
itself, salary, job security and recognition on employee job satisfaction in baking sector Sri
Lanka, however possibility of growth and working conditions no longer make significant
impacts on employee job satisfaction. Finally, study identified salary as a greatest explanatory
variable of employee job satisfaction in banking sector, Sri Lanka.
