This document summarizes a case study on employee satisfaction with compensation at Jamuna Bank Ltd. The broad objective is to provide benefits including compensation to employees and increase motivation and satisfaction. Specific objectives are to identify compensation structure, understand job security plans, and explain compensation system. The study found employees are satisfied with work environment, job security, and promotions. Most are moderately happy with bonuses and rewards. The salary is satisfying and there are opportunities to use skills. Recommendations include involving employees in tasks, providing training, and focusing on intrinsic job aspects like challenges.

1. BBA 6th Batch
ID-6-16010106
Employee Satisfaction with
compensation: A Case Study
on

2. Objective of the study
Broad Objective: The main objective of the survey is to
provide various benefits including compensation to the
employees of Jamuna Bank Ltd. as well as employee satisfaction
and how to increase employee motivation and satisfaction
through compensation towards work and implement the
program in different situations. Which meets the needs of the
staff as the bank achieves its goals.
Specific Objective:
•To identify the compensation structure of Jamuna Bank.
•To understand Job security plan for the employees.
•To explain the compensation system and make everyone
understands the employee's job satisfaction.

3. Company Profile
Vision:
1. To become a leading banking
institution and to play a pivotal role
in the development of the country.
2. To stand out as a pioneer banking
institution in Bangladesh.
3. To contribute significantly to the
national economy.

4. Benefits of employee satisfaction: In today's fast-paced world and
increasingly competitive market, it is more crucial than ever for organizations
to motivate and engage your greatest asset—your employees. It is clear-cut
that employee satisfaction leads to organizational success.
Moreover, the result in the following benefits:
Higher Productivity: Results from a series of experiments carried out
by economists at the University of Warwick show that happiness made
employees around 12% more productive, while unhappy workers showed
to be 10% less productive. Therefore, happiness proves to have large and
positive effects on productivity.
More Creativity and Collaboration: The author of The Happiness
Advantage, Shawn Anchor, found that when positive emotions are present
in a person, it makes the brain work much better, therefore making the
individual inclined to be more creative and better at problem-solving.
Lower Turnover: All businesses, whether big or small, know that
employee turnover is expensive. For an entry-level employee to be
replaced, it costs between 30% to 50% of an annual salary, for a mid-level
employee, upwards of 150%; and for a senior or highly specialized
employee, up to 400%. When employees are satisfied, they are typically
much less likely to leave, therefore, saving money.

5. Compensation, rewards, benefits: Jamuna Bank Limited usually
provides more or less the above compensation, reward and benefits. They
provided financial compensation like Basic Salary, Bonus, Wages, Incentives
and Non-financial like Housing, Medical, Transportation, Insurance.
Pattern of Compensation
Financial Non Financial
Basic salary Housing facilities
Incentives Transportation
Bonus Vacation
Wages Insurance
Reward Benefit
Increment Provident firm
Promotion Gratuity
Profit bonus

6. Methodology
Data Collection:
Primary data sources: The structured questionnaires of the survey
were collected based on preliminary information for the information
used to provide this report. The information was taken through informal
discussions on the survey on the overall employees of Jamuna Bank
Limited through the question paper. 31 respondents have been selected
to conduct this survey of employee job satisfaction with compensation
on Jamuna Bank Ltd (Munshiganj SME Krishi Branch).
Secondary data sources: Information other than primary
information is collected as secondary information. Secondary data from
different background source centers. I have collected secondary data
from various sources. To gather information, this report has collected
some information about the satisfaction of different employees including
the compensation of employees through various websites, articles,
journals, Organizational official websites, etc. The sources are:
Articles.
Organizational official websites.
Journals.
Websites

7. Data Analysis Technique: MS Excel was used for
Data analysis.
Data Analysis: Research data has been processed
through Microsoft Excel and IBM SPS. After gathering the
assembly data through the survey questionnaires, we input
them into the Excel sheet and used them to build data
regression, correlation, and data to complete the analysis
section at the end of all SPSS. Graphical presentation tools
such as bar graphs have been used for data analysis.

8. Findings:
1. Employees Satisfied with the working environment, overall job
security, dearness allowance, promotion and transfer policies.
2. Most of the employees of JBL are moderately happy about bonuses
and reward facilities.
3. Most of the employees have good expectations for their job.
4. The employee feels the salary which they get is satisfying. The basic
salary of JBL is good enough.
5. Employees of JBL are talking like they have a good opportunity to
utilize the skills and talents they have.
6. The job status and job security of JBL is very high.
7. More than 80% of the employees are satisfied with their training
facilities object but other employees are not satisfied with their
training facilities.
8. The performance appraisal system of the JBL bank is white
backdate.

9. Recommendations: Survey has shown that every employee
wants to see his position in good condition. However, their well-being
depends largely on their good relations with the bank. Thus, it may be
suggested that equal opportunities be provided for all employees, with
the Bank formulating policies only for them. It has been realized that
financial security from the job encourages employees to be more
professional and dedicated to their service. With the practical exposure of
Jamuna Bank Limited for only thirteen weeks, the bank has little
experience compared to the vast and complex banking system; it is not so
easy to recommend some tips to increase the level of effectiveness of the
organization. Nevertheless, some possible solutions to the identified
problems have been found based on the collected data, 50 observations,
opinions of expert staff and their knowledge and judgment. To gain a
competitive advantage and provide quality service, top-level management
should try to change the service. Satisfaction and satisfaction of the work
of the employees as well as the achievement of organizational goals is
important. So, to make sure that employees are satisfied with their work
based on the results of this study.

10. the study has some of my recommendations which are given
below:
1. Involve the employees in the different task which in
turn, allows them to develop new competencies.
2. Provide them Training Opportunities to seek internal or
external training to deepen their knowledge and get
specialized in an field they enjoy.
3. Provide Feedback to employee work performance.
1.
1. Management should focus on their intrinsic part up to
the job, such as making the work challenging and
interesting.
2. Better career development opportunities should be
given to employees to increase job satisfaction.