Role of Motivational Factors in job Satisfaction: A Synergic Application of Partial Least Square Path Modeling
Dr. Md. Saiful Islam*
Dr. Zeennat Ara Begum**
Dr. Dhanonjoy Kumar***
Abstract: Motivation is an inner force that creates strong desire in employees to attain competency, remain loyal, and committed to organization. It induces them to exert best efforts in attaining the organizational goals. Job satisfaction is a major issue of professional interest to employed persons. It augments innovation, creativity, and better performance. The objective of this study was to inspect the role of financial and non-financial motivational factors in teachers’ job satisfaction. Non-probability sampling method was used to achieve the objectives of the study. The study samples were consisted of 209 teachers from different educational institute of Bangladesh. A structured questionnaire was developed and used to accumulate primary data for the study. Smart PLS 3 (Partial Least Square) path modeling was used for data analysis. The study found that both financial and non-financial motivational factors have influence on teachers’ job satisfaction. However, financial motivational factors are more influential than non-financial motivational factors. The result designates presence of significant relationship between financial and non-financial motivational factors to teachers’ job satisfaction.
Key words: Motivational factors, Job satisfaction, Partial Least Square, Teacher.
* Professor Department of Management Studies, University of Rajshahi, Rajshahi Email: msislam64ru@yahoo.com
** Professor Department of Management Studies, University of Rajshahi, Email: dr.zeennat@gmail.com
*** Associate Professor, Department of Management, Islamic University, Kushtia Email: dhanonjoykumarsaha@gmail.com