Pay and Job Satisfaction: A Comprehensive Analysis of PTCL after its Privatization

Abstract

Job satisfaction has major impact on PTCL(Pakistan Telecommunication Company Limited)after it was privatized and had been studied by many researchers and many of them providedgood arguments that how it affected the job satisfaction of employee on the firm after it was privatized. It has been recognized that job satisfaction can play a vital role. We examine the impact of human job satisfaction when the firm privatized. We identify different variables onthe basesof job satisfaction.In this research paper different components of job satisfaction had been identified i.e. Promotion, Pay, Recognition, Supportive Management and Organizational Commitment. To find out its relation of job satisfaction of the employees, working in different types of organization such as public and private organizations etc.This term was taken to visiting PTCL (Pakistan Telecommunication Company Limited) to understand the effect of job satisfaction on both employee and organization.The result revealed that job satisfaction has significance correlation with privatization of firm and employee’s. However job satisfaction showed significant correlation with the dependent variable.Job satisfaction is a mental position of an employee that changes with time that arise factors of satisfaction and dissatisfaction. Gratified employees will feel more confident and answering to the organization commitment dissatisfied employee will lead to ambiguity.