This study is an attempt to compare organizational role stress, job involvement, job anxiety, and job satisfaction among three groups of employees in a private sector organization. The sample consisted of 50 top managers, 50 middle managers, and 50 workers. The Organizational Role Stress developed by Pareek (1983), the Job Involvement scale by Lodhal and Kejner (1965), the Job Anxiety scale by Srivastava and Sinha (1977), and the Job Descriptive Index developed by Smith, Yulin, and Kendall (1969) were administered to all three groups of employees. The results were analyzed both by the factor analytic technique and by discriminant function analysis. The factor analysis yielded three important factors that are discussed. The discriminant function analysis separated the three groups on 10 out of the 23 variables considered in the study. The findings are discussed in the light of other relevant studies.