EMPLOYEE SATISFACTION IN SMALL AND MEDIUM ENTERPRISES IN COIMBATORE DISTRICT

Dr. K. Malar Mathi; S. Chidambaranathan

Volume : V, Issue : V, May - 2016

EMPLOYEE SATISFACTION IN SMALL AND MEDIUM ENTERPRISES IN COIMBATORE DISTRICT

Dr. K. Malar Mathi, S. Chidambaranathan

Abstract :

Employee satisfaction is considered as a significant factor for successful organizations. The concept of employee satisfaction has gained a special place from both academicians and practitioners. This study aims to provide a framework to determine the critical factors of employee satisfaction and to measure their effect on overall evaluation of employees in small and medium sized enterprises (SMEs) in Coimbatore District. Data analysis revealed that there is a positive relationship between the each factor of employee satisfaction which are named satisfaction from pay and rewards (P&B), satisfaction from co - workers (C), satisfaction from management (M), satisfaction from work environment (WE), satisfaction from Supervisor (S) and overall employee loyalty in SMEs. Furthermore, relevant recommendations and measures for improving the employee satisfaction are proposed.