Job Satisfaction among Employees of Oil and Natural Gas Corporation

Job Satisfaction among Employees of Oil and Natural Gas Corporation


Abstract

The worldwide decline in the oil and natural gas sector has had a major effect on the Malaysian market, possibly putting Malaysia in a negative global spotlight. The incidence of layoffs in oil and natural gas companies has increased significantly, and this scenario may have an impact on employee satisfaction and loyalty in the relevant sector. The purpose of this research is to see whether there is a link between employee happiness and loyalty in the oil and gas industry. A total of 100 workers working in the oil and gas industry were chosen as responders using a basic random sample method. Data was gathered via a questionnaire. The findings revealed a favourable relationship between several aspects of employee satisfaction and employee loyalty. Compensation and benefits appeared as a significant component in the study, whereas career growth was the least relevant factor in determining loyalty.

For More Details About Job Satisfaction among Employees of Oil and Natural Gas Corporation Please Visit Our Website


Or call us +91 9481545735


Introduction 

The oil and natural gas sector is often recognised as a highly competitive industry that is now experiencing massive and fast environmental alignment. Lee (2012) said in a recent research that the oil and natural gas industry's development is dependent on the quality of professional engineers and bright workers. A high turnover rate recorded by oil and natural gas sectors across the globe, according to Malaysian Employers Federation (2010), indicates workers' dedication. When compared to other engineering sectors in Malaysia, the oil and natural gas industry is seen as having the most promising prospects for the country's economic development (Abdullah, 2009).


For More Details About Job Satisfaction among Employees of Oil and Natural Gas Corporation Please Visit Our Website


Or call us +91 9481545735


Conclusion

Multiple regression analysis revealed that pay and benefits were the most significant factor influencing work satisfaction and loyalty, while career growth was the least important. Compensation and perks have been shown to have a significant impact on employee loyalty in previous research. Person happiness and performance have a chain effect, according to Linder (1998), since when an employee puts out effort, it leads to performance, which leads to organisational satisfaction and loyalty. On the other hand, he said that pay and benefits may have a good or negative impact, but that the employer must realise that the better the benefits package, the more likely an employee would be happy and loyal to the company.

For More Details About Job Satisfaction among Employees of Oil and Natural Gas Corporation Please Visit Our Website


Or call us +91 9481545735


Comments

Post a Comment

Popular posts from this blog

Concept of Call Center as a BPO Process - an Overview

Concept of Call Center as a BPO Process - an Overview INTRODUCTION If your company lacks the capacity to handle all incoming and outgoing calls, it may be time to hire a BPO contact center. Not every business has the personnel, equipment, and expertise necessary to fulfil their customers' contact center service requirements. According to The Zen desk Customer Experience Trends Report 2020, 51 percent of customers anticipate a response in less than five minutes when they contact a business. Meeting this expectation, however, may not always be feasible for a small e-commerce team. That is where a call center for business process outsourcing (BPO) comes in. The act of outsourcing any element of your company's operations to a third-party vendor or service provider is known as business process outsourcing. A business process outsourcing (BPO) call center is a group of outsourced agents that handle incoming and outgoing client calls for other companies. If your company lacks the capa...
Read more

Brand Differentiation Strategies Adopted in Companies.

 Brand Differentiation Strategies Adopted in Companies Abstract  It examines the relationship between differentiation strategy, market competition and profit management. Research on real earnings management was conducted. using to manipulate earnings by many companies We put on a show for each manufacturing sub-sectors, and with ten companies to measure the abnormal. the management of real profits Using 65 manufacturing techniques indonesian companies listed on the Indonesian Stock Exchange between 2011 and 2015, investigate our research questions using regression analyses Our According to the results, firms that use differentiation strategies are less successful than those that don't Real earnings management is likely to be employed. Furthermore, the interaction of two or more entities. For More Details About  MBA Marketing - Study of Cleave Global E – Services Ltd   Please Visit Our Website https://mbareportsguru.com/bra...
Read more

Staff Training and Development as a Tool for High Employee Performance

Staff Training and Development as a Tool for High Employee Performance Introduction  Training is defined as any teaching or learning activity that is carried out with the main goal of assisting members of an organisation in acquiring and applying the information, ability, skill, and attitude required by the organisation. Employee training and development are critical, particularly in the banking industry, as they constitute the umbilical cord of competence and increased efficiency, which remain the hallmarks of every company. Training, in broad terms, is the act of improving an employee's knowledge and ability in doing a certain profession. For More Details About  Staff Training and Development as a Tool for High Employee Performance  Please Visit Our Website https://mbareportsguru.com/staff-training-and-devlopment-as-a-tool-for-high-employee-performance-in-an-organizational/ Or call us +91 9481545735 Development is not as precise as that; it has a broader range of applic...
Read more