Establishing Employee Commitment: Respect or Pay?

Authors

DOI:

https://doi.org/10.56741/jmsd.v3i01.459


Keywords:

Banking Sector, Employee Commitment, Pakistan, Pay Satisfaction, Workplace

Abstract

This research delves into whether employees prioritize workplace respect or Pay Satisfaction for their commitment to an organization, focusing specifically on the service sector, notably the banking industry. The overarching goal is to discern the determinants influencing employees' decisions to remain loyal to their current position or explore alternative job opportunities. Employing a cross-sectional, causal, and quantitative approach, primary data was collected through a structured and close-ended questionnaire targeting banking sector staff. The study revealed that employees exhibit divergent preferences, with some valuing respect at the workplace more than others. While pay satisfaction was identified as a correlated factor in employee commitment, the emphasis on workplace respect was notably higher. The research employed regression analysis to dissect the nuances of these preferences within different employee groups, shedding light on the varying intensities associated with each choice.

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Author Biographies

Aimon Iqbal, Khamdim Ali Shah Bukhari Institute of Technology

an accomplished Assistant Professor at Khamdim Ali Shah Bukhari Institute of Technology, Karachi, Pakistan, boasts an impressive research career spanning over seven years. She has a solid dedication to academic excellence and published extensively, contributing valuable insights to the field. (email: aimon.adnan@hotmail.com).

Nousheen Munawar, University of Karachi

is an education scientist who lectures as a visiting faculty at the University of Karachi, Pakistan. Magnificent research career with outstanding dedication. She has several publications in her field. She also works as a lecturer at the College of Management and Science. (email: nousheenmunawar1@gmail.com).

Imran Ali, Gomal University

is a dedicated research scholar affiliated with Gomal University, Pakistan. Currently, he is actively contributing to the field of education as he serves in The Vision Public High School located in Tibi Qaisrani, Punjab, Pakistan. His commitment to academic research and practical education reflects his passion for positively impacting the educational landscape. (email: imrandastidgk@gmail.com).

Nousheen Fatima, Khamdim Ali Shah Bukhari Institute of Technology

is a committed research scholar and educator at Khamdim Ali Shah Bukhari Institute of Technology, Karachi, Pakistan. Who harbors a profound fondness for the natural world and exhibits considerable curiosity. Throughout their career, she has held positions as a lecturer. Presently, she serves as a lecturer at COMS and has actively participated in creating numerous research papers. Her overarching ambition is to attain a prominent standing within the sphere of research. (email: nfsiddiqi2@hotmail.com).

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Published

2023-12-30

How to Cite

Iqbal, A., Munawar, N., Ali, I., & Fatima, N. (2023). Establishing Employee Commitment: Respect or Pay? . Journal of Management Studies and Development, 3(01), 1–16. https://doi.org/10.56741/jmsd.v3i01.459

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