Global Journal of Management and Business Research, A: Administration and Management, Volume 23 Issue 5

© 2023. Biplav Poudel. This research/review article is distributed under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BYNCND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creativecommons.org/licenses/by-nc-nd/4.0/. Global Journal of Management and Business Research: A Administration and Management Volume 23 Issue 5 Version 1.0 Year 2023 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-4588 & Print ISSN: 0975-5853 An Empirical Study on Factors Influencing Job Satisfaction of Human Resource in Banks and Insurance Companies of Nepal By Biplav Poudel Tribhuvan University Abstract - Job satisfaction is the positive emotional feeling of an employee towards their job. It is one of the most important outcomes of an organization depends on the various motivational factors. Out of different motivational theories, this research work has used Herzberg’s Two Factor Theory of motivation to understand the impact of motivational factors on job satisfaction of human resource working in bank and insurance companies of Nepal. Due to the use of the theory, the assumed 15 motivational factors are classified into two groups- i.e, hygiene factor and motivator factor, and later on, each of the motivational factors are further grouped into motivational and de-motivation factors to meet the assumption of independent sample t-test through IBM SPSS 25 version. To test the internal consistency reliability of questions related to 15 constructs, the Cronbach Alfa ( α ) coefficient has been calculated. To create consistency with the sample size assumed in Herzberg’s theory of motivation, this research paper has collected primary data from 200 respondents through a face-to-face interview method with a structured questionnaire. Results of this research work have partially accepted the conclusion of Herzberg’s theory of motivation. Keywords: job satisfaction, herzberg’s two factor theory, bank, insurance companies, human resources, motivational factors, Nepal. GJMBR-A Classification: LCC code: HD58.7 AnEmpiricalStudyonFactorsInfluencingJobSatisfactionofHumanResourceinBanksandInsuranceCompaniesofNepal Strictly as per the compliance and regulations of: