Journal for Studies in Management and Planning Available at http://edupediapublications.org/journals/index.php/JSMaP/ ISSN: 2395-0463 Volume 03 Issue 06 May 2017 Available online: http://edupediapublications.org/journals/index.php/JSMaP/ Page | 76 A Comparison of Job Satisfaction of Private and Public Banks’ Employees Mohammad Kamrul Ahsan Assistant Professor Department of Business Administration Metropolitan University, Sylhet, Bangladesh E-mail: ahsan404243@gmail.com Abstract Job satisfaction is an important and burning researchable issue for academicians and researchers. The success or failure of any organization especially banking sector largely depends on employees‟ job satisfaction. The main purpose of this paper is to find out some important factors that affect the employees‟ job satisfaction and to compare both private and public banks. The sample consisted of 80 bank employees from both 4 public sector banks (40) and 4 private sector banks (40). Questionnaire method is used to collect information. The questionnaire consists of two parts including demographic part and another part is on factors affecting job satisfaction. A five-point Likert scale has been used to rank the collected data. The researchers have used percentage, mean, standard deviation and t-test to analyze the collected data.The major findings of this study are the employees of public banks perceive greater satisfaction with job security and compensation packages as compared to private banks employees. On the other hand, private sector banks employees have expressed greater satisfaction with salary and co-worker relationship as compared to those of public sector banks employees. Key Words: Private; Public; Bank; Employee; Job Satisfaction 1. Introduction At present, human life has become more stressful and complicated. The needs and requirements of the people are increasing and changing. When needs are not fulfilled, they become dissatisfied. Dissatisfied peoples‟ contributions are very low. Job satisfaction is one of the most popular and widely researched topics in the field of organizational psychology (Spector, 1997). Locke (1976) defines job satisfaction as „a pleasurable or positive emotional state resulting from the appraisal of one's job or job experiences‟. Employees who have higher job satisfaction are usually less absent, less likely to leave, more productive, more likely to display organizational commitment, and more likely to be