GASPRO International Journal of Eminent Scholars

ABSTRACT

The study sought to assess promotion and remuneration as correlates of employee’s job satisfaction in deposit money banks in Rivers State. The study adopted a correlation survey design. The research area was Obio/Akpor Local Government Area of Rivers State. The population of this study comprised of 500 employees working in the headquarters of the 22 deposit money banks in Rivers State. Simple random sampling technique was adopted in selecting 217 respondents for this study. The instruments for data collection are two (2) sets of questionnaire titled “Workplace Condition of Employee’s Questionnaire (WoPlaCoEQ) and Job Satisfaction of Employee Questionnaire (JoSaEQ)”. The data obtained were analysed using Pearson Product Moment Correlation Coefficient and the hypotheses were tested at 0.05 level of significance. From the study it was concluded that for employees to be satisfy and comfortable in their workplace and achieve higher productivity, then it becomes imperative that their satisfaction in term of prompt promotion and adequate remuneration needs to be put into consideration by their employers in order to put in their best. One of the recommendations made from the study states that the remuneration package for employee should be motivating. This is because remuneration helps in increasing the self-confidence of employees and in improving the standard of living.

KEYWORDS: Workplace Condition, Employee’s Job Satisfaction, Promotion, Remuneration, Rivers State