Asian Journal of Research in Business Economics and Management
  • Year: 2013
  • Volume: 3
  • Issue: 5

Formalization and job satisfaction in the nepali commercial banking institutions

  • Author:
  • Lakshmipathi Raju, Surendra Kumar Jha
  • Total Page Count: 14
  • Page Number: 289 to 302

*Senior Professor & Chairman, PG Board of Studies

**Co-ordinator, Xavier Academy

***Assistant Lecturer, Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Online published on 2 May, 2013.

Abstract

The purpose of this study is to examine the effect of formalization on job satisfaction, especially in Nepali banking industry. The study reveals that there is a positive relationship between formalization and job satisfaction. The role clarity, task clarity and process clarity as major determinants of formalization lead to higher job satisfaction. The hypothesis of the study; “Role clarity, task clarity, process clarity and organization structure as the major determinants of formalization are more likely to lead to higher job satisfaction” and “the degree of formalization is positively correlated to employee satisfaction” have validated by the findings.

Keywords

Formalization, Job Satisfaction, Role Clarity, Task Clarity, Process clarity, Nepali Banking Industry