© Associated Asia Research Foundation (AARF) A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories. Page | 141 PERCEPTION TOWARDS PAY SATISFACTION OF BANK EMPLOYEES: A DESCRIPTIVE STUDY Dr. Dhanonjoy Kumar 1 , Humaira Siddika 2 1 Associate Professor, Department of Management, Islamic University, Kushtia, Bangladesh. 2 Research Scholar, Department of Business Administration, University of Kalyani, West Bengal, India, ABSTRACT This study examines pay satisfaction in public and private sector bank employees in Bangladesh. Pay satisfaction results in higher performance and greater productivity while pay dissatisfaction may bring about poor performance, lack of commitment, moonlighting, absenteeism, and high rate of labor turnover which affect productivity. The study employed the survey research design. The sample size used in this study was 414 bank employees randomly selected from each of the four public and four private commercial banks in Bangladesh. The results show pay disparity between public and private sector bank employees. The private banks are paying better than the public bank. Pay satisfaction is low both in the public and private sector banks. The study recommends that improvement in the level of pay satisfaction both public and private sector banks. Constant improvement of work conditions, opportunities for training and career development, improve pay and promotion policy. Key Words: (PAY SATISFACTION, BANK EMPLOYEES, HUMAN RESOURCE MANAGEMENT, BANK.) International Research Journal of Human Resources and Social Sciences ISSN(O): (2349-4085) ISSN(P): (2394-4218) Impact Factor - 5.414, Volume 4, Issue 7, July 2017 We bs ite- www.aarf.asia , Email : editor@aarf.asia , editoraarf@gmail.com