Theoretical Economics Letters, 2018, 8, 1427-1442 http://www.scirp.org/journal/tel ISSN Online: 2162-2086 ISSN Print: 2162-2078 DOI: 10.4236/tel.2018.87092 Jun. 1, 2018 1427 Theoretical Economics Letters Making Work Volition to Predict Job Satisfaction of Faculty Members in Higher Educational Institutes Jagannath Mohanty 1 , Alamzeb Aamir 2 1 Institute of Management Technology, Nagpur, India 2 King Saud University, Riyadh, KSA Abstract Academic literature on business management indicates employee job satisfac- tion as a key workplace factor. Increased productivity is often construed as a dividend accruing from job satisfaction. Therefore, organizations strive hard through organizational policies and processes to ensure employees are satis- fied with their jobs. Work volition is generally understood as the degree of freedom organizationally available to choose a job profile. This paper explores the role of work volition in job satisfaction. It is assumed that chosen work roles catalyze the process of job satisfaction. The paper factors in internal and external job satisfaction as contributors to overall job satisfaction. The results from this work reported a significant impact of work volition on both internal and external satisfaction. Keywords Higher Education Sector, Work Volition, Job Satisfaction 1. Introduction A considerable amount of effort goes into finding the right job for individuals during and after formal education. As a matter of fact, several studies in the past have pointed out that only a minority of individuals work to achieve intrinsic objectives. However, majority of people work for survival needs [1]. This propo- sition diverges from previous career theories that not all individuals are able to acquire work that matches their idealized visions of a career [2]. Instead, many people experience career constraints that limit their volition to achieve employ- ment that aims higher level needs. According to the Psychology of Working How to cite this paper: Mohanty, J. and Aamir, A. (2018) Making Work Volition to Predict Job Satisfaction of Faculty Members in Higher Educational Institutes. Theoreti- cal Economics Letters, 8, 1427-1442. https://doi.org/10.4236/tel.2018.87092 Received: April 19, 2018 Accepted: May 29, 2018 Published: June 1, 2018 Copyright © 2018 by authors and Scientific Research Publishing Inc. This work is licensed under the Creative Commons Attribution International License (CC BY 4.0). http://creativecommons.org/licenses/by/4.0/ Open Access