Empirical Investigation of Non-Financial Factors Shaping Employee Job Satisfaction in Higher Education Institutions of Jaipur, Rajasthan

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Nisha Acharya, Divya Shukla, Umesh Solanki
Chandni Rani, Ankita Kaushal

Abstract

The research aims to explore how non-financial factors influence the job satisfaction of employees in higher education institutions, thereby contributing to the advancement of the nation and its citizens. To collect primary data, a quantitative method employing empirical methods has been utilized. Data has been acquired via a standardized questionnaire using stratified random sampling from higher education establishments in Jaipur. A total of 400 responses were gathered, and this study employed multiple linear regression as well as exploratory and confirmatory factor analysis. The findings reveal that training and development, relationships between superiors and subordinates, incentives and recognition, and leave benefits are significant factors impacting job satisfaction. Employee contentment at higher education institutions is predominantly shaped by non-financial aspects, where working conditions are overlooked. The research recognizes the significance of non-financial factors in higher education institutions and uncovers specific statistical proof regarding job satisfaction in this context. The findings suggest that non-financial factors play a substantial role in determining job satisfaction among employees in higher academic institutions. The study gathers essential indicators of employee satisfaction with their roles and applies them to the realm of higher education. It presents numerous factors related to non-monetary incentives for employees in higher education institutions.

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How to Cite
Umesh Solanki, N. A. D. S., & Ankita Kaushal, C. R. (2024). Empirical Investigation of Non-Financial Factors Shaping Employee Job Satisfaction in Higher Education Institutions of Jaipur, Rajasthan. European Economic Letters (EEL), 14(2), 2749–2761. https://doi.org/10.52783/eel.v14i2.1626
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