Effect of Compensation Factors on Employee Satisfaction- A Study of Doctor’s Dissatisfaction in Punjab
Introduction- Doctors job satisfaction can be increase by providing good compensation system like valid pay, recognition, promotional opportunity and meaningful work. These factors have positive relationship with job satisfaction of doctors.
Objectives/Purpose- The aim of this research is to find out various issues of compensation management for the doctors in civil hospitals and to explore that compensation has direct effect on doctor’s satisfaction level.
Research design/research methodology- This is a tentative research where survey has been conducted in well known civil hospitals of Punjab’s main cities like Lahore, Faisalabad, Rawalpindi, Multan and Bahawalpur. Primary data has been assembled through questionnaire. And secondary data collected through research papers.
Findings- Findings have shown that pay, recognition, promotion opportunities, and meaningful work are factors of compensation management which have direct effect on job satisfaction on doctors. But the main reason of doctor’s dissatisfaction is, because they are not getting proper service structure and not finding their work meaningful. Government should increase satisfaction of doctors by providing this type of non financial compensation.
Recommendation/suggestion- The most important thing is that government should revise and make amendment in the service structure of doctors. Because the main reason of doctors dissatisfaction in Punjab is actually the service structure. Government should implement proper performance management system to tackle the issues related to feedback, performance and promotions of doctors.
Contribution- This study plays a vital role in persuading the policy makers to think over the factors which effect on doctor’s satisfaction in civil hospitals. The findings of this research are valuable, which can be useful for the worldwide in order to tackle such issues again.
Key words: Doctors, Compensation, Salary, Promotion opportunity, Satisfaction
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