Abstract:
The objectives of this study to find out whether employees derive job
satisfaction mainly from extrinsic rewards and whether there is any
relationship between organizational commitment and job satisfaction. Data
were collected from a random sample consisting with respondents from
three categories; professionals, managers and non_executives, by using a
questionnaire. The analysis of data disclosed that professionals derive
greater job satisfaction from intrinsic rewards and other two groups derive
an equal degree of job satisfaction from both extrinsic and intrinsic
rewards. Further, a positive correlation was found between job satisfaction
and organizational commitment for non_executi ve and manager but not for
the professionals. In the process of improving job satisfaction not only
extrinsic rewards in addition to extrinsic rewards to improve job
satisfaction of its employees. It must be remembered that intrinsic rewards
are only a complementary to extrinsic rewards and not a substitute for
them at all.