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

Figure 1: Theoretical Framework III. M ethods In this research work, the population has been considered as a total number of human resources who are currently working in different positions of banks and insurance companies of Nepal. The Sample size of this research work has been considered as 200 human resources who were randomly enrolled during a field survey conducted in October 2022 in different bank and insurance companies located in major cities of Nepal- i.e, Itahari, Biratnagar and Birat Chowk. To collect primary data, the researcher has used a structured questionnaire with close-ended questions and he used one to one physical interview method of data collection with the view of minimizing sampling error. The questionnaire was developed in a five-point Likert scale as (1) No effect, (2) Low, (3) Moderate, (4) High and (5) Very High to all dependent variables, whereas (1) Poor, (2) Fair, (3) Average, (4) Good and (5) Excellent to all independent variables. This research paper uses IBM Statistical Package for Social Science (SPSS) version 25 software to process and analyze the collected primary data. In IBM SPSS software, at first, the variables are coded with specific code, and then after, as per the requirement of the research, to depict answers of the research questions, to meet the stated objectives and to test the setup hypothesis, the data are analyzed and evaluated with the help of statistical tool-i.e, independent sample t- test. To meet the assumptions of an independent sample t-test at first, the Likert scale data related to independent variables are categorized into two groups- i.e, motivational and de-motivational. The data included in the Excellent, Good, and Average options have been grouped as a motivational group, whereas the data related to the remaining two options- i.e., Fair and Poor have been grouped as a de-motivational group. The job satisfaction that arises from all motivational factors are also grouped into one dependent variable- i.e, job satisfaction. To test the normality of job satisfaction, the Shapiro Wilk test has been done for each case. Then after, an independent sample t-test was done to test the stated alternative hypothesis. Cronbach’s Alpha value ( α ) has been calculated to measure the internal An Empirical Study on Factors Influencing Job Satisfaction of Human Resource in Banks and Insurance Companies of Nepal 13 Global Journal of Management and Business Research Volume XXIII Issue V Version I Year 2023 ( ) A © 2023 Global Journals