The Effect of Employee Empowerment on Job Satisfaction in the Banking Sector of Pakistan
Abstract
Any organization's ability to function depends on its workforce. Employee satisfaction increases the likelihood that they will perform to the best of their abilities. In the very competitive banking sector, banks must strive to improve employee happiness in order to get a competitive advantage. One important component that has a big impact on work happiness is employee empowerment. The purpose of the current study was to investigate how work satisfaction is affected by employee empowerment. 175 employees of the seven well-known banks that operate in the Swat area provided firsthand information. Using regression analysis and Pearson correlation, the study looked at the connection between work satisfaction and employee empowerment. The findings suggest that work happiness is significantly and favorably impacted by employee empowerment. The study's conclusions are highly valuable to the banking industry and may be applied by different institutions to determine the best ways to improve employee happiness and increase output.
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