Green Hrm-Leveraging Employees’ Satisfaction Level in Indian Banking Sector

Abstract

The purpose of this paper is to study the Green HRM practices practised and its impact on the satisfaction level of employees in private and public sector banks in Kolkata District. To attain the objectives of the research , the research process- Onion of Saunders et al. (2012) is adopted. The Sample Size is 158 (Bank of Baroda= 36, Allahabad Bank= 46, ICICI Bank Ltd= 42 & HDFC Bank= 34.) Reliability Test of the instrument i.e. Cronbach’s alpha=0.84. The Sampling Technique is Probability Sampling (Multi-stage Sampling). The Likert - 5 point scale has been used for designing the questionnaire. Exploratory factor analysis has identified six Green HRM Practices i.e. Green Recruitment and Selection Practices, Green Orientation, Training and Development Practices, Green Performance Management Practices, Green Rewards and Compensation Management Practices , Green Counselling and Employee Relations Practices and Green Exit Interview Practices which are having a strong influence on Employees’ Satisfaction level in Banking Sector in Kolkata District. Regression Analysis reveals that Green Rewards and Compensation Management Practices have a high influence on employees’ satisfaction level and Green Recruitment and Selection Practices have least influence on employees’ satisfaction level. The Independent Sample T-Test and One-Way Anova reveals that there exists no significant difference of employees’ satisfaction level towards Green HRM Practices on the basis of ownership of banks, gender, experience of employees and age of employees.