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THE IMPACT OF THE JOB SATISFACTION ON EMPLOYEE RETENTION AT INDEPENDENT TELEVISION LTD. By, Kazi Golam Mostafa 0921410 An Internship Report Presented in Partial Fulfillment of the Requirement for the Degree Bachelor of Business Administration Independent University, Bangladesh November, 2012

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  • THE IMPACT OF THE JOB SATISFACTION ON EMPLOYEE

    RETENTION AT INDEPENDENT TELEVISION LTD.

    By,

    Kazi Golam Mostafa

    0921410

    An Internship Report Presented in Partial Fulfillment of the Requirement

    for the

    Degree Bachelor of Business Administration

    Independent University, Bangladesh

    November, 2012

  • THE IMPACT OF THE JOB SATISFACTION ON EMPLOYEE

    RETENTION AT INDEPENDENT TELEVISION LTD.

    By,

    Kazi Golam Mostafa

    0921410

    Has been approved

    November 2012

    Mohammed Sohel Islam

    School of Business

    Independent University Bangladesh

  • LETTER OF TRANSMITTAL

    November, 2012

    Mohammed Sohel Islam

    Lecturer, School Of Business

    Independent University Bangladesh

    Sub: Submission of the Internship Report

    Dear Sir

    With due respect, I, Kazi Golam Mostafa, ID:0921410, would like to

    inform you that, it is a great pleasure for me to submit the advanced

    working report on the impact of job satisfaction on employee retention in Independent Television Ltd, as an internship report for the degree Bachelor of Business Administration.

    In this report, I have tried to implement my academic experiences in the

    practical field with due sincerity and would like to thank you for your

    cooperation. Despite many limitations I have tried my level best to

    address the major and in depth issues in making this paper accurate and

    reliable. If you have any further enquiry concerning any additional

    information I would be very pleased to clarify that.

    I, therefore, hope that you will be kind enough to accept this report as

    fulfillment of the requirement for the course BBA-499.

    Thanking you.

    Sincerely yours,

    Kazi Golam Mostafa

    Id: 0921410

  • ACKNOWLEDGEMENT

    Definitely all praises be to Allah. So, first of all, I express my deep gratitude to the

    Almighty Allah who created and nurture us in this transitory world. I also have to

    put my heartfelt respect and gratitude for His kindness and help that were provided

    to me to complete my assigned report on the topic the impact of the job satisfaction

    on employee retention at Independent Television Ltd.

    I would like to take the opportunity to thank all of those marvelous people who

    have contributed to this report. At first, I express thank my heartiest gratitude to

    my Supervisor Mr. Mohammed Sohel Islam, Lecturer of Business School, IUB,

    for his kind cooperation in preparing this report. I would like to thank Mr.

    Mahbubur Rahman, Head of the HR of Independent Television Limited, for

    giving me opportunity to work as an intern. I am grateful to Head of the News

    Department Mr. Khaled Muhiuddin for his supervision and continuous support to

    do my internship. It would be injustice if I do not express my gratitude to Mr

    Jahiduzzaman National Desk incharge; Mr Waseq billah, Senior Broadcast

    Journalist without their support it was impossible for me make such report.

    I am also indebted to all of officers and staffs of ITV and for giving time and

    advice to know and learn all activities of the Organization and prepare this report.

    During the preparation of the project work I have came to the very supportive

    touch of different individuals (respondents & seniors from ITV) who lend their

    ideas, time and caring guidance to amplify the reports contents. To be honest to

    myself I must say that without their help it would be very hard for me to prepare

    such report. I am thankful to them with all of my feelings.

    Last of all I would like to express my thanks to the authors, researchers, article

    writers whose books and articles I consulted and friends who helped me in every

    stage of the report by Providing valuable information and suggestion in respect to

    prepare this report.

  • i

    TABLE OF CONTENT

    Topic Page

    Executive Summary 1

    Introduction 2

    ITV Vision, Mission and Goal 2

    Programes of ITV: 4

    Experience in ITV News Section 7

    Research Proposal 11

    Problem statement 11

    Purpose of Research 12

    Literature Review: 13

    Framework 19

    Chosen variables: 20

    Theorized causal connections of the variable: 20

    Research questions: 21

    hypothesis 22

    Research Methodology 22

    The research design 22

    Survey Procedures 23

  • ii

    Sampling 23

    Sample Size 23

    Survey Instrument 23

    Data collection 23

    Data Analysis procedure 24

    Significance of the Study 31

    Limitation 31

    Recommendation 32

    Conclusion 33

    Reference 34

    Appendix 38

  • Page 1

    Executive Summary

    Time changes every frequently and the changes affect the way of looking at our

    life, culture, lifestyle, thoughts, education, career and prospects etc in every way.

    The way we used to talk, think a few years back, we do not anymore. There was a

    time when one of the most sought after profession was being a doctor or an

    engineer for the youngsters as well as their guardians. Subsequently with the

    alteration of time and technology we witness a change in the future planning and

    choice and choice of the career of the students. at the moment of working in

    digital media has become one of the most popular professions. Keeping this train

    to change, there are some digital TV channels now in Bangladesh and one of their

    prime concern is to covering news from every possible field from inside and

    outside the country. A massive part of the people are working on these TV

    channels now in Bangladesh and taking challenges to get authentic news from core

    of the incidents. A presenters presents news in a very organized way. All sorts of

    news are been brought together and presented to the audience. Do people get

    actually get all these news as organized as they see on TV? How's it possible to

    cover news and important incidents of the country or outside the country? How do

    they get news of every single division of country in these very few hours? Do we

    think ever about these things? Not really. These questions led me to choose a

    digital TV channel- Independent Television Ltd to do my internship. I chose to

    work in the news section of Independent Television (ITV) because of my

    fascination in news world. I worked in the individual desk on ITV newsroom with

    respective responsible people. I worked in the news section of ITV for three

    months and tried to enrich my knowledge on how actually a news room in a digital

    TV channels work. There are lots of things that matched with my academic

    knowledge and there were things again that added new perspectives to my acquired

    academic knowledge.

    My report would be on this experience- "how a news room structured and how it

    operates" and the impact of job satisfaction on employee retention in Independent

    Television Ltd.

    This study attempts to evaluate job satisfaction of the employees of the

    Independent Television Ltd. It also investigates the impacts of Reward &

  • Page 2

    Recognitions, Customer focus, Organizational culture, Organizational Trust and

    Team work on the attitudes toward job Satisfaction. The result shows that salary,

    efficiency in work, fringe supervision, and co-worker relation are the most

    important factors contributing to job satisfaction.

    Using a sample of 30 employees in Organization, this study traced the Independent

    TV to the job satisfaction of employees at the workplace through the quality of life

    factors of job involvement and sense of competence. Results indicated that

    personal, job, and organizational climate factors influenced the ego investment or

    job involvement of people in their jobs, which in turn influenced the intra psychic

    reward of sense of competence that they experienced, which then directly

    influenced employees' job satisfaction and employee retention. Implications of

    these findings for managers are discussed.

    Introduction

    Independent Television is a 24 hour news channel in Bangladesh. It is a sister

    concern of Beximco Group, a large business group in Bangladesh. Independent TV

    obtained license from Bangladesh Government in March 2010 and started its first

    transmission on 10 October, 2010 with the first MPEG-4 technology in

    Bangladesh. This TV Channel has a group of sincere editors and reporters who are

    committed to bring the latest Bangladesh News and World News to viewers.

    ITV Vision, Mission and Goal

    Mission:

    Independent Television seeks to be Bangladeshs number one 24-hour news

    channel, where viewers will find a full spectrum of news and analysis

    Vision:

    Independent Television intends to set the world class standards in Bangladesh's

    broadcast industry, putting people high on the agenda

  • Page 3

    Goal:

    Independent Television will carry news, break news and make news through

    investigative reporting in a way that is not done before in the country.

    Technologically superior at home and in South Asia, the channel will be a hub of

    journalistic professionals.

    Technology Brief On Independent Television:

    Independent Television offers viewers newsgathering capabilities using the best of

    breed broadcast technology for a 24-hour news channel. The channel is unique

    amongst broadcasters in Asia due to its completely tapeless and highly automated

    news infrastructure designed for fast news workflows. The news centre is designed

    around Avid iNEWS and Interplay for Production Asset Management. The news

    studios are fitted with Sony HD cameras and the largest video wall in Bangladesh

    a Barco DLP wall of size 62, which is fed by graphics systems from VizRT.

    Also unique is channels highly secure IT domain environment with well-

    documented security policies that is tightly integrated with news production

    systems. The use of custom software that forms the TV's intranet allows for the

    cleanest and fastest journalist workflows - whether it involves taking breaking

    news to air or displaying the latest stock exchange index position.

    Independent Television has one of the best live news networks. Geared with a state

    of the art OB van, a DSNG Flyaway unit, over 30 live fibre injection points the

    channel aims to offer its viewers live news reportage from the ground, 24 hours a

    day.

    The channel is one of the few broadcasters in the region with a traffic management

    system that handles OAP and advertisement scheduling with spot booking and

    invoicing tightly coupled to the Beximco group's financial systems. The system

    offers advertisers a transparent report of their commercial activity on the channel

    and links it to the invoices raised.

    With the launch of Independent Television, the Beximco group has realized its

    vision of having highly advanced technology and efficient workflows, giving it an

    advantage over the competition and pioneering new methods of working in

    Bangladeshs television industry.

  • Page 4

    Downlink Parameter:

    Satellite: Apstar 2R

    Orbital Position: 76.5 East

    Downlink Frequency: 4113 MHz

    Symbol Rate: 3696 KSPS

    FEC: 3/4

    Polarisation: H Pole

    Video Coding Format: MPEG-4

    Some Of the programes of ITV:

    RAAT 9 TAI BANGLADESH:

    Independent Televisions primetime flagship news and current affairs show that

    addresses all aspects of news. The show features discussions on the days biggest

    stories and presents a 360 degree perspective on issues that matter. The aim is to be

    the voice of the people and discuss issues that affect them. The show also presents

    the days other big national and international stories on politics, sports and

    entertainment. Sometimes big international news and happenings of the sub

    continent are also discussed by an expert panel.

    AJKER BANGLADESH:

    Ajker Bangladesh is a Dhaka-based interactive talk show that targets current issues

    and brings in the personalities involved at the crux.

    TALASH:

    Independent Television's exclusive reporting programme Talash which boldly

    highlights prevalent crimes and corruptions in the country.

  • Page 5

    PURBO PASCHIM:

    The daily international news bulletin that features the biggest news from the world

    over. The show presents a good mix of hard news stories as well as lighter reports

    put together with inputs from Reuters and APTN. Special reports from the Middle

    East and other Islamic countries are also covered in detail.

    BYAPSHAPATIR SHARADIN:

    A 30-minute round up of the days business news in Bangladesh and the world.

    The stories are packaged, giving an in-depth perspective to viewers.

    RANGOMONCHO:

    The daily entertainment show that features all stories from the realm of glitz and

    glamour. The show brings you the best in entertainment including film, television,

    music releases, film premiers, fashion show, cultural concert, celebrity news, views

    and interviews.

    MAATHER TAAP:

    A half-hour sports show that showcases the latest from regional, national and

    international arenas. The show covers interviews, highlights and forecasts by top

    sporting pundits and seasoned journalists, who analyse and debate the biggest

    stories of the day.

    JATO KHELA:

    The daily sports show, which encapsulates the latest sporting action and news of

    the day. Packed with stories on results and performances, interviews and

    controversies, the nightly show is the one stop for all sports news. Jato Khela gives

    a peek into the next day and wraps the sporting action of the day gone by.

    INDEPENDENT SHONGBAD:

    A general news bulletin that features news updates as and when they happen.

    Independent Television keeps the viewers updated about the latest happenings and

    all the important events that make headlines. The show presents all news in a

    nutshell and gives the news hunting viewer a complete picture of the day.

  • Page 6

    Other than those programe mentioned above, ITV has some popular programs like

    "RAJDHANIR BAIRE, RAJNITIR VETORE" , "SHANTIR BANI", 'LIFE',

    "ASHAR BANGLADESH", "EI SHOPTAHER HOLLYWOOD", "BIG

    PICTURE", "SHOMOGRO BANGLADESH" etc.

    ITV at a glance

    Name of the Institution Independent Television Ltd

    Date of incorporation 10th Aug 2010

    Commencement of operation 28th July 2011

    Industry television industry

    Target customers Public of the Bangladesh

    Chairman Salman F. Rahman

    Managing director Nazmul Hasan Papon

    Web address www.independent24.com

    With the current capacity, Independent TV employs approximately 2,000

    employees. As a worker friendly organization ITV is committed to pay at least

    forty percent more wages than the legal government requirement and thus, helps

    the employees to have a better lifestyle. Moreover, annual profit sharing scheme

    with the workers is also put into action and thus the organization celebrates its

    success with employees and makes them feel like owners of the company.

  • Page 7

    Experience in ITV News Section

    As a Part of my learning process I worked as an intern in the digital news section

    of ITV for three months to gain practical knowledge about how actually a

    newsroom in a digital TV channel works. I divided my total internship period into

    two parts and worked individually in two areas; National Desk and International

    Desk.

    National Desk:

    National desk of a digital media is concerned about the local news of the country/ I

    worked at National Desk from the 1st month to middle of the second months of my

    internship.

    All day long news comes in the national desk mail address from the 64 districts of

    the Bangladesh in a form of documents and video footages. We have more than

    100 correspondents all over the country who only work for us. They call us and tell

    the news instantly so that we can give scroll news at the bottom of the TV screen.

    After that they send us the news in the form of script and video. We show it to

    chief news editor or senior broadcast editor. They decide whether it should be

    telecast or not. After that we prepare it as a presentation.

    Like other news if the documents require enough footage and interviews then they

    decide that news to be OOV (Out of Vision) or package. When we dont get any

    video, we use GFX (Graphics and map). The language of the news should be easy

    listening. The news writer will have to be conscious while adding any new or

    complex word in the news. Otherwise the audience wouldnt be able to grab the

    news. So the language must be easy and flexible.

    International Desk:

    International news is foreign news occupies an important position in a newsroom.

    There is an individual desk to meet up all the tasks and to prepare structured news.

    International news refers to information concerning the affair of other nation.

    International desk in a digital media deals with the entire significant phenomenon

    over the worldwide happening around in each and every split second.

  • Page 8

    We get information about thousands of international news from divers wire

    services like ATPN, BBC, CNN, NDTV, DAWN etc. we take the videos from

    their websites. My task at foreign desk was to get every updates of news of each

    single minute then edit it as a draft. Then main editors check it if any mistakes are

    occurred and after reediting they approve it to be telecasted. The editors in

    International desk used to look in to four most significant websites for the most

    Update. Those are ATPN, BBC, DAWN and NDTV as mentioned before. Our

    work is to find out the most relevant issues for news, which will grab the attention

    of Bangladeshi audience most, which was quite tough though. There is more than

    thousand of news coming in every 5 minutes in the websites that we used to

    follow.

    Presentation of News

    News can be presented in four ways. That are-

    OOV (Out of Vision): It is a kind of presenting news consisting of map,still

    pictures, graphics or footage of the incidents and so on. The news presenter

    remains outside of the screen and read the news. At the same time a Video footage

    related to the news is shown. An OOV is about 60 to 75 words long or 26-30

    seconds.

    OOV Sink: Its another form of OOV along with significant interviews of

    correlated people. Sink is something to support anyones word whether by video or

    audio footage. Usually renown and significant persons sink are shown in OOV

    Sink.

    In Vision/PHONO: when any breaking news turns out but there is no time to make

    any OOV of Package and news is very important, editors pass the very raw news to

    the news presenter directly. In this situation the news presenter remains in front of

    the camera and read that raw or very recent crucial news to the audience. Its

    known as in vision. And if a reporter is present at the news spot the broadcast

    station tries to communicate with the reporters live and they talk to give more

    ongoing information about the incident, mostly when the news is bring broadcast at

    the same time. These types of way of presenting news are known as phono or

    studio.

  • Page 9

    Package: It is a kind of news with more detail. The length of the news is about

    more than 150 words or 100-120 seconds with Voxpop and sink depends on the

    importance of the video or audio footage. It includes most recent and significant

    happening in the country or outside the country. This is the most important

    category in the broadcast criterion. Mostly presenters start the news with two or

    three important sentence and then reporters start their package and they describe

    each and every important information. Presenter are out of vision and reporters

    continue with their own voice and sometimes at the end of the package they show

    themselves by giving PTC (Piece to Camera) where reporter is visible and

    concludes the package with an overall opinion. For international news ptc is not

    important.

    There is a word and time limitation of news. For the international news section the

    time is 10 minutes and for the National news (including loca sports and business

    news) it is 30 to 50 minutes depends on the news hour.

    RULES I used to follow at ITV:

    -Arrive on time, ready to work according to their schedules.

    -Be genuinely interested in and participate in the work of the news room

    -Be prepared to ask questions.

    -Be observant and volunteer to assist and not always wait to be asked to help.

    -Be aggressive, not passive in helping and participating.

    -Be knowledgeable and comfortable working on computers especially with

    Microsoft Word.

    -Be flexible and willing to work under tight deadlines and sometimes stressful

    conditions.

    -Be able to speak clearly and communicate well with staff and the general public.

    -Be prepared to work of six days a week or 48 hours at ITV.

    - To have an interest in assigned beat and or willingness to learn about that beat.

  • Page 10

    -Be prepared to make beat calls, check e-mails, and go on line to research stories

    -To read daily newspapers concentrating on stories in their assigned beat

    -Be inquisitive and able to courteously converse over the phone with the general

    public

    -Have basic writing skill

    \

  • Page 11

    Research Proposal

    Problem Statement

    In any organization employees are the key important factor to compete and retain

    in a market. But since 2010,employees of ITV switching to other place. ITV hired

    a consultant to investigate the reason behind it. Consultant identifies the problems

    of job satisfaction which is terribly responsible for employee turnover. The

    consultant found form the literature review (Egan et al., 2004, p. 20) that a job

    through is a constant learning process, receives increasing attention in our time.

    Because of the rapid-changing economy it is imperative to advance skills to keep

    the job. There for motivation and the willing to transfer knowledge are crucial

    factors. Concerning the authors the surroundings and culture of an organization

    affect the types and numbers of learning-related events and employee job

    satisfaction as well as employee motivation to transmit newly acquired knowledge

    to the workplace. Lee-Kelley et al. (2007) carried out a research that analyses the

    correlation between learning organization theory and the opportunity to keep

    knowledge employees. It was assumed that learning is related with job satisfaction

    and turnover. In accordance with Egan et al. (2004), they also claim that the

    significance of knowledge in our society increases especially in domains where

    knowledge is essential. It is important to retain skilled and well trained workers to

    make sure to preserve high quality within the company. Employees, who are

    motivated to learn at their workplace, get challenged and are able to see the

    benefits of their existing knowledge which is of great value. In the current research

    the researcher investigates the relationship between job satisfaction and employee

    retention.

    Proposed Research Topic:

    In context of my purpose, I intend to conduct an analysis to determine methods of

    enhancing the level of employee satisfaction by assessing the linkages of employee

    satisfaction with a number of variables.

  • Page 12

    Purpose of research:

    The primary purpose of this research is to fulfill the requirements of my internship.

    A secondary purpose is that this research would also help me and the management

    of the company to get more insights into their workplace scenario which might also

    help them to improve their satisfaction. The research will be focused on showing

    how different variables related to job environment will influence the degree of job

    satisfaction as well as Employee retention. The research will also highlight how

    their interactions will be enabled and constrained by social and cultural influences.

    Such a research would help to provide insights into the importance of the factors,

    whose presence can help to make a difference in the working environment and

    hence help to positively influence productivity and satisfaction. The purpose of this

    study was basically to investigate the hypothesized causal connections among the

    independent variables, the intervening variables and job satisfaction.

    The idea was that given the fact that involvement, sense of competence and job

    satisfaction are psychological and attitudinal factors operating in employees at the

    work setting, we should have a better handle on what the relationships among this

    quality of work life variables are. This would help us to enhance organizationally

    favorable outcomes by manipulating the significant variables in the work setting.

    This study conforms to these conditions and hence the results are interpretable. It is

    important to note that work ethic had significant paths to both job involvement and

    sense of competence. Work ethic, which is a deep-rooted value orientation in

    individuals to engage themselves in work in a disciplined manner, induces the

    employees to get ego-involved in their jobs and helps them to develop a sense of

    competence as well. Thus individuals with good work ethic values are valuable

    assets to the organization.

    More importantly, the findings of this study provide support to the theory that if

    one wants to increase the job satisfaction of individuals at the work place, just

    making them get deeply involved in their jobs will not directly help them to

    increase the satisfactions they experience from the work place. Variety also has a

    direct to job satisfaction in addition to its direct influence on both job involvement

    and sense of competence. Stress, likewise, has a direct (negative) to job satisfaction

    in addition to its negative influence on sense of competence. This implies, that

    apart from making their work more interesting, and reducing their stress,

  • Page 13

    employees should also be facilitated to have success experiences in their jobs

    which will progressively increase their confidence in their own competence. It is

    by increasing their sense of competence that job satisfaction is directly

    experienced. It has been found in previous studies that job satisfaction helps among

    other things, the retention of personnel, decreases absenteeism and enhances

    commitment. Apart from increasing job satisfaction, sense of competence has also

    been shown to increase job performance.

    The question then arises as to how managers can help employees experience

    feelings of success in the job. By progressively increasing the challenges in the job,

    by offering them risk support, by praising them or rewarding them whenever a

    rather difficult job gets done well, employees can be made to not only experience

    psychological success but can also be motivated to try harder since success builds

    itself on previous success experiences. Progressively increasing the level of

    complexity in employees' work will give them opportunities to get deeply involved

    in and experience frequent successes on the job. That is, by encouraging

    employees to try new and difficult tasks without undue fear of punishment (risk

    support), managers will be motivating employees to attempt to do more

    challenging work. Once successful in such tasks, employees will increase their

    level of confidence in their own competence and experience high levels of job

    satisfaction and even improve their job performance.

    Literature Review:

    Job Satisfaction

    Investigated by several disciplines such as psychology, sociology, economics and

    management sciences, job satisfaction is a frequently studied subject in work and

    organizational literature. This is mainly due to the fact that many experts believe

    that job satisfaction trends can affect labor market behavior and influence work

    productivity, work effort, employee absenteeism and staff turnover. Moreover, job

    satisfaction is considered a strong predictor of overall individual well-being (Diaz-

    Serrano and Cabral Vieira, 2005), as well as a good predictor of intentions or

    decisions of employees to leave a job (Gazioglu and Tansel, 2002). Beyond the

    research literature and studies, job satisfaction is also important in everyday life.

  • Page 14

    Organizations have significant effects on the people who work for them and some

    of those effects are reflected in how people feel about their work (Spector, 1997).

    This makes job satisfaction an issue of substantial importance for both employers

    and employees. As many studies suggest, employers benefit from satisfied

    employees as they are more likely to profit from lower staff turnover and higher

    productivity if their employees experience a high level of job satisfaction.

    However, employees should also be happy in their work, given the amount of time

    they have to devote to

    it throughout their working lives (Nguyen, Taylor and Bradley, 2003a). The

    following passage summarizes the importance of job satisfaction for both

    employers and their workers: Job satisfaction is important in its own right as a part

    of social welfare, and this (simple) taxonomy [of a good job] allows a start to be

    made on such questions as In what respects are older workers jobs better than

    those of younger workers? (And vice versa), Who has the good jobs? and Are

    good jobs being replaced by bad jobs? In addition, measures of job quality seem

    to be useful predictors of future labor market behavior. Workers decisions about

    whether to work or not, what kind of job to accept or stay in, and how hard to work

    are all likely to depend in part upon the workers subjective evaluation of their

    work, in other words on their job satisfaction. (Clark, 1998)

    Job satisfaction has been defined in several different ways and a definitive

    designation for the term is unlikely to materialize. A simple or general way to

    define it therefore is as an attitudinal variable: Job satisfaction is simply how

    people feel about their jobs and different aspects of their jobs. It is the extent to

    which people like (satisfaction) or dislike (dissatisfaction) their jobs. (Spector,

    1997)

    An alternative approach is that proposed by Sousa-Poza and Sousa-Poza, based on

    the assumption that there are basic and universal human needs, and that, if an

    individuals needs are fulfilled in their current situation, then that individual will be

    happy. This framework postulates that job satisfaction depends on the balance

    between work-role inputs - such as education, working time, effort - and work-role

    outputs - wages, fringe benefits, status, working conditions, intrinsic aspects of the

    job. If work-role outputs (pleasures) increase relative to work-role inputs

    (pains), then job satisfaction will increase (Sousa-Poza and Sousa-Poza, 2000).

  • Page 15

    Other theorists (e.g. Rose, 2001) have viewed job satisfaction as a bi-dimensional

    concept consisting of intrinsic and extrinsic satisfaction dimensions. Intrinsic

    sources of satisfaction depend on the individual characteristics of the person, such

    as the ability to use initiative, relations with supervisors, or the work that the

    person actually performs; these are symbolic or qualitative facets of the job.

    Extrinsic sources of satisfaction are situational and depend on the environment,

    such as pay, promotion, or job security; these are financial and other material

    rewards or advantages of a job. Both extrinsic and intrinsic job facets should be

    represented, as equally as possible, in a composite measure of overall job

    satisfaction.

    Since job involvement, sense of competence, and job satisfaction have been

    identified as three quality of work life indices, the framework developed for the

    study attempted to trace the causal connection among these variables so that

    managers and researchers can have an idea of which variables will be most

    important to deal with and manipulate in the work setting. Job satisfaction which is

    an index of the affective responses of employees to the work setting, has been a

    variable of interest to administrators and researchers alike, for a long time.

    In addition to the intrinsic desirability of having employees at the workplace who

    are satisfied, administrators have also been concerned about the job involvement of

    employees which enhances the goal commitment and reduces the turnover of

    employees (Jauch and Sekaran, 1978). Job satisfaction, which has been studied

    extensively, is a function of several important variables - especially the

    characteristics of the job itself (Hackman and Oldham, 1975), and the

    organizational climate (Litwin and Stringer, 1968). Job characteristics have been

    shown in many studies to influence the job satisfaction of employees (see for

    instance, the extensive review by Rabinowitz and Hall, 1977). Various

    organizational climate factors such as communication, participation in decision-

    making, and stress have also been examined as to their relationship to job

    satisfaction and found to be significant predictors. While two-way communication

    (Bateman, 1977; Price, 1972) and participation in making job-related decisions

    (Patchen, 1970; White and Ruh, 1973) have a positive effect on job satisfaction,

    stress has a negative relationship, in the sense that the greater the amount of stress

    experienced by employees, the lesser is the extent of job satisfaction experienced

    by them (Bhagat, 1982; Lyons, 1971).

  • Page 16

    In addition, the work ethic value of individuals has been shown to influence job

    satisfaction through the intervening variable of job involvement (Kanungo, Misra

    and Dayal, 1975). The relationship between job involvement and job satisfaction

    and between sense of competence and job satisfaction has been documented by

    several researchers as further discussed below.

    Job involvement has been conceptualized as the identification of the individual

    with the job and as a psychological self-investment of the individual in the work as

    a means of seeking some expression of the self at work (Lodahl and Kejner, 1965).

    Job involvement has been found to be related to the job characteristics of skill

    variety, task identity, task significance, autonomy, and feedback from the work

    itself (Hackman and Oldham, 1975; Rabinowitz and Hall, 1977). Job involvement

    has also been investigated in the context of its relationship with the individual

    difference variable of Protestant Ethic, a term which signifies the belief 'Work hard

    and you will get ahead. You are responsible for your destiny' (Hulin and Blood,

    1968). It has been found that endorsement of the protestant ethic value and job

    involvements are significantly positively correlated (Rabinowitz, 1975; Ruh and

    White, 1974).

    Similarly, job involvement has also been found to be positively correlated to

    participation in decision-making (Patchen, 1970; Ruh and White, 1974; Siegel and

    Ruh, 1973), communication (Patchen, 1970; Sekaran, 1977), sense of competence

    (Sekaran, 1977; Sekaran and Wagner, 1980), and to job satisfaction (Schuler,

    1975; Schwyhart and Smith, 1972; Weissenberg and Gruenfeld, 1968). Job

    involvement is, however, negatively related to stress (Lyons, 1971; Sekaran, 1977).

    Job involvement is also related to sense of competence, which reflects the

    confidence employees have in their own perceived competence at work through the

    mastery of their work environment (Lorsch and Morse, 1974; Sekaran, 1977;

    Wagner, 1976). In sum, job involvement is related to job characteristics, the

    individual difference variable of work ethic, and the organizational variables of

    communication, participation in decision-making, and stress. It also influences

    sense of competence and job satisfaction.

    While job involvement denotes the extent of an individual's identification with the

    job, sense of competence is described as the intra psychic rewards that individuals

    experience because of a sense of mastery they have gained over their environment.

  • Page 17

    The term sense of competence was first coined by White (1959). White referred to

    competence as an organism's capacity to interact effectively with its environment.

    White postulated that people have an exploratory motive and a need for effectance

    i.e. a need to interact with and make an impact on the environment. White stated

    that the fitness to interact with the environment is slowly attained through

    prolonged feats of learning but the effectance motivation wanes when a situation

    has been explored to the point that it no longer presents new possibilities to attain

    efficacy. White compared the need for effectance to Angyal's (1941) definition of

    life as a 'process of expansion'. White (1960, 1963) defined competence as the

    cumulative result of the whole history of transactions with the environment, and

    described sense of competence as the subjective side of one's actual competence.

    Lorsch and Morse (1974) applied the concept of sense of competence to the work

    setting and, like White, defined it as the confidence that one feels in one's own

    competence. They further described it as the intrapsychic feelings of reward that

    individuals experience when they have successfully explored, interacted with, and

    mastered their work environment. The job characteristics, organizational climate,

    and work ethic variables that are related to job involvement are also related to

    sense of competence (see for instance, Lorsch and Morse, 1974; Sekaran, 1977;

    Sekaran and Wagner, 1980; Tharenou and Harker, 1983; Wagner, 1976).

    This distinction, as described by Rose, relates to the double meaning of the word

    job: the work tasks performed and the post occupied by the person performing

    those tasks. The meaning of job as a post or appointment is of primary

    importance. Every job is an instance of the employment relationship, embodying a

    contract (substantive or implied) to exchange an ability to work (labor, provide

    service, exercise ingenuity, direct efforts of others, etc) for rewards (both material

    and symbolic). True, performing work tasks provides a stream of experiences,

    technical and social, that can energies psychosocial responses; any resulting data

    summarizing these reactions are indispensable. However, such data must not be

    weighted higher than those concerning experience of the overt (or ostensible)

    contractual terms - above all, those concerning pay and job security. (Rose, 2001)

  • Page 18

    Employee retention

    Retention is a complex concept and there is no single recipe for keeping employees

    with a company. In literature, retention has been viewed as an obligation to

    continue to do business or exchange with a particular company on an ongoing

    basis (Zineldin, 2000). A more detailed and recent definition for the concept of

    retention is customer liking, identification, commitment, trust, readiness to

    recommend, and repurchase intentions, with the first four being emotionalcognitive

    retention constructs, and the last two being behavioral intentions ( Stauss et al.,

    2001). Studies have also indicated that retention is driven by several key factors,

    which ought to be managed congruently: organizational culture, communication,

    strategy, pay and benefits, flexible work schedule and career development systems

    (Logan, 2000). Increasing numbers of organization mergers and acquisitions have

    left employees feeling displeased from the companies that they work and haunted

    by concerns of overall job security. As a result, employees are now making

    strategic career moves to guarantee employment that satisfy their need for security.

    On the other hand, employers have a need to keep their stuff from leaving or going

    to work for other companies. In fact, companies that offer employee development

    programs are finding success with retaining workers (Logan, 2000). This is true

    because of the great expenses associated with hiring and retraining new employees.

    The adage, good help is hard to find, is even truer these days than ever before

    because the job market is becoming Increasingly tight (Eskildesen & Nussler,

    2000). In fact, literature on employee retention shows that wooing existing

    employees through employee development or talent management programmers

    costs less than acquiring new talents, as organizations know their employees; their

    wants & desires; while the initial cost of attracting the new employees has already

    been expended

    (Davidow & Uttal, 1989). The literature on employee retention clearly explains

    that satisfied employees who are happy with their jobs are more devoted for doing

    a good job and look forward to improve their organizational customers

    satisfaction (Denton 2000).Employees who are satisfied have higher intentions of

    persisting with their organization, which results in a decreased turnover rate

    (Mobley et al., 1979). Abundant studies have hypothesized and empirically

  • Page 19

    validated the link between satisfaction and behavioral intentions and behaviors

    such as

    employees retention (Anderson & Sullivan, 1993). Further, numerous studies

    explain the importance of high employees involvement and how it could enhance

    their retention (Arthur

    1994).

    In summary, the literature defines retention as continuing relation between

    employees and their organization.

    Framework:

    To conduct my advanced working report, I applied research techniques to extract

    information to meet my purposes and also make use of basic survey techniques

    such as questionnaires. Among the established research techniques I used

    exploratory research method.

    Conceptual framework of employee job satisfaction and employee

    retention:

    Figure: Job satisfaction of ITV

    JOB SATISFACTION

    Employee Retention

  • Page 20

    Chosen variables:

    To measure the degree of workers satisfaction I used quite a handful of common

    workplace variables; those are Job Satisfaction and employee retention. In my

    context, I believe that these will help me to achieve my objectives.

    Theorized causal connections of the variable:

    Employees usually join the organization bringing with them their work values. As

    they interface with the work and the organizational environment, they find

    themselves challenged (or not) and 'turned on' (or alienated) by their job and

    organizational factors. Based on their experiences, individuals then make some

    deliberate choices as to the extent to which they want to get involved in their jobs

    and invest themselves in work. That is, based on how employees perceive their job

    and work environment, they could get minimally to highly involve in their jobs.

    There is thus, a time gap between their interfaces with the work environment and

    their ego-involvement in their jobs. No one completely identifies with the job or

    invests the self in the work before assessing what the job entails and how

    conducive the work environment is. When people get involved in their jobs, they

    spend greater amounts of time and energy at the work place. That is, the more the

    employees engage in work behavior because of job involvement, the greater will

    be their interactions with and explorations in the work environment. As employees

    explore their work environment, have success experiences, and gain mastery at

    work, they develop a sense of competence or confidence in their own competence.

    Because of this psychological success feeling, they are likely to get even more

    involved in their work in anticipation of experiencing greater successes and more

    mastery. In essence, job involvement will lead to a sense of competence, and

    greater sense of competence will lead to further job involvement or ego-investment

    in the job. Thus, the two variables job involvement and sense of competence will

    mutually reinforce each other.

    Not being alienated from the job (i.e. being job-involved to some extent at least) is

    a necessary precondition for deriving job satisfaction i.e. satisfaction from the

    work itself and employee retention.

    Likewise, individuals who feel inept in their job (no sense of competence) are not

    likely to derive job satisfaction. It is not lack of job satisfaction that makes them

  • Page 21

    inept, but it is the ineptness that makes them dissatisfied with the job. Thus, to

    experience satisfactions at the work place, it is necessary for individuals to be job-

    involved and feel a sense of competence at work. Based on the above rationale, we

    can theorize that job characteristics, organizational climate factors, and work ethic

    will directly influence both job involvement and sense of competence, and that job

    satisfaction will be experienced through the two intervening variables job

    involvement and sense of competence. While job involvement and sense of

    competence will mutually influence each other, it is sense of competence that will

    directly lead to job satisfaction, not job involvement. The reason is that one can get

    very involved in the job and keep plodding along without necessarily experiencing

    job satisfaction. In other words, for some 'work is work ship' and they will continue

    to invest time and effort on the job.

    However, if one has success experiences on the job and derives a sense of

    psychological success by feeling confident that he or she is making a significant

    impact on the work environment and gaining mastery over the job, the individual

    will derive satisfaction. In effect, the theory postulated here is that the job,

    organizational climate, and work ethic variables will have a direct influence on

    both job involvement and sense of competence, and sense of competence will lead

    directly to job satisfaction.

    Research questions:

    This study proposes to investigate the following research questions:

    Is there a significant relationship between job satisfaction and employee

    retention in Independent Television LTD?

    Is there any significant relationship between reward & recognition and job

    satisfaction in the context of Independent Television LTD?

    Is there any significant relationship between Organizational trust and job

    satisfaction in the context of Independent Television LTD?

  • Page 22

    Hypothesis:

    Employee retention has positive relationship with job satisfactions. The

    relation is neutral.

    Relationship between reward & recognition and job satisfaction in the

    context of Independent Television LTD is significant.

    Relationship between teamwork and job satisfaction in the context of

    Independent Television LTD is significant

    Participation in decision making is positive relationship with job

    satisfaction. This relationship is depends organization climate.

    Research Methodology:

    The research design: Methods and procedure The Graphical representation of the Proposed Framework is shown in the research.

    It represented the outline and constitution of the casual relationships among the set

    of variables.

    Moreover the questions and hypothesis which are described above supports this

    figure. This section discussed the methods that were used and the purpose of the

    study is the measure the correlations among the variables.

    The study explored the casual relationship between job satisfaction and employee

    retention. work ethic, stress, participation in decision making, communication, skill

    variety, autonomy, task identity and task feedback are the independent variable,

    job involvement, sense of competence is intervening variable and job satisfaction

    is the dependent variable in the context of the Independent Television ltd. A

    research that studies the relationship between two or more variables is known as

    Co- relational Study. I will use co-relational approach to find out the appropriate

    answers to the research questions and to test the hypothesis.

  • Page 23

    Survey Procedures

    To collect the information required to use purposive sampling which is the purest

    form of judgment sampling where every person has an equal chance of getting

    selected. This helped to collect the information that is required know the

    employees job satisfaction.

    Sampling

    To investigate the research questions for study and selected participants from each

    employee different gender, income and age group. It was to maintain a balance

    between these. Each employee participated voluntarily. A formal letter was given

    to each of them prior to the survey for notification. The participants had the

    freedom to withdraw from participation at any time if they were reluctant. Due to

    budget and time constrains the study was conducted only on the main office of

    independent television ltd.

    Sample Size

    Information was collected from 30 respondent employees. Questionnaires were

    based on some questions were provided to each respondent to know their opinion.

    A scale of 1-5 described the opinion of the respondent regarding the independent

    variables and dependent variable.

    Survey Instrument

    The instrument that was used in the study to collect data is the questionnaire

    survey. The questionnaire survey was used instead of conducting a personal

    interview due to time constrains. The questionnaire survey was provided to the 30

    respondents employee.

    Structured of questionnaires were used to collect the data. In the question the main

    objects is employee job satisfaction.

    Data collection

    Data collected from primary sources and secondary to explore research questions.

    To collect data from the primary sources, use the questionnaire survey method.

    This method is used in surveys to collect data from primary sources. Here,

    distribute the questionnaire among the all employees. Through this method, the

  • Page 24

    researcher will be able to collect large amounts of information within short time

    and lower cost.

    So secondary sources of data will be available for the study. But for supporting the

    literature review the researchers will use secondary data. Therefore, primary and

    secondary data is required to study the research questions and literature review.

    Data Analysis procedure

    First of all, Pearsons Co relational analysis will be used to find out whether any

    relationship exists between the independent and dependent variables. A Co

    relational analysis is the statistical tool that can be used to describe the degree to

    which one variable is linearly related to another (Levin & Rubin, 1998).

    Since the proposed study is a correlational study, after collecting the data the

    researchers will use a correlational matrix to identify whether the relationships

    exist between the measured variables or not. The researchers are interested in

    finding out whether the conceptually newer measured variables add anything to the

    dependent variables compared to older variables. Stevens (1996) stated that if an

    investigator wishes to determine whether some conceptually newer measures add

    anything to the dependent variables compared to older, it is appropriate to use

    stepwise regression. Moreover, the effort to screen out redundant variables during

    the model building process and to provide a model in which all variables,

    individually and collectively, provide a meaningful contribution toward the

    explanation of the response variable (dependent variable) can be accomplished by

    using a stepwise regression analysis option (Mendenhall, Reinmuth, & Beaver,

    1989).

    Hence, stepwise regression will be the most effective tool to analyze the data

    to find out whether the conceptually newer measured variables add anything to the

    dependent variables compared to older variables.

    For the current study, the Statistical Package for Social Science (SPSS)

    software version11.5 will be utilized by the researchers as a statistical data analysis

    tool as it offers greater feasibility in data analysis and visualization.

  • Page 25

    Gender of the participants

    Gender Number of Participants Percentage

    Male 19 63.3%

    Female 11 36.7%

    The survey was done on 19 male (63.3%) and 11 female (36.7%)

    Age of the participants

    Age Number Percentage

    20-30 20 66.7%

    30-40 8 26.7%

    40 above 2 6.7%

    In the survey it was found that 20 employees (66.7%) are between the age of 20-30

    years of age. 8 (26.7 %) of them are between the age of 31-40 years of age. Lastly

    only 2 (6.7%) of them are above 40 years of age.

    Level of Employee Satisfaction and Gender

    Gender Total

    The Entire

    Environment of

    ITV is very

    Good

    Male Female

    Strongly disagree 1 0 1

    Disagree 0 1 1

    Neither Disagree

    nor agree

    1 0 1

    Agree 5 1 6

    Strongly Agree 12 9 21

    Total 19 11 30

    The purpose of doing this correlation between the levels of employee is

    satisfaction and gender is to project that which gender is more satisfied in the

    organization. 1 male was strongly disagreeing about this statement. One woman

    was disagreeing. One male was neutral. 5 men and 1 woman were agreed, and

    lastly 12 male and 9female were strongly agreed with the statement. So we can say

    that ITV is very good with their employee.

  • Page 26

    Level of Employee Satisfaction and Age

    Age Total

    The Entire

    Environment of

    ITV is very

    Good

    20-30 30-40 40 bove

    Strongly

    disagree

    0 1 0 1

    Disagree 1 0 0 1

    Neither

    Disagree nor

    agree

    1 0 1

    Agree 4 2 0 6

    Strongly

    Agree

    14 5 2 21

    Total 20 8 2 30

    In this statement, we can see that older and experienced employees are more

    satisfied with the organization.

  • Page 27

    Level of Satisfaction of Leaves

    Leave (No of respondants)

    Counts

    of

    Response Annual

    Leave

    Medical

    Leave

    Leave

    without

    pay

    Compensatory

    Day off

    Maternity

    Leave

    Paternity

    Leave

    Level

    Strongly

    Disagreed

    1 1 3 5

    Disagreed 1 3 2 1 3 10

    Neither

    Agreed

    nor

    Disagreed

    1 1 11 17 5 35

    Agreed 10 8 10 6 7 5 46

    Strongly

    Agreed

    19 20 5 3 2 3 52

  • Page 28

    From the table an overall picture of the level of employee satisfaction regarding

    leave can be seen. Digits marked in Blue are the total counts of responses, which

    show that the employees are satisfied with the rules and regulations and duration of

    all leaves. However, a good amount of employees are somewhat satisfied with the

    leaves. Fortunately a very few number of employees are dissatisfied with the

    aspects of leaves. In case of Annual leave the maximum employees are happy

    with the rules and durations. However, a wealthy amount of employees are

    somewhat satisfied, but no one seems to be dissatisfied with the leave.

    Most employees seem to be perfectly satisfied with Medical leave. In fact the

    highest amount of employees responded positively in case of this leave. However

    one employee seems to be somewhat dissatisfied.

    In case of leave without pay and compensatory day-off most of the employees are

    neutral. The reason behind this is that some of them did not experience these leaves

    and some of them did not know that the company is offering these leaves.

    In case of Maternity leave most female employees are somewhat satisfied, but a

    very few were dissatisfied because the organization has not yet implemented the

    maternity leave of 6 months as declared by the Government. But it has been heard

    that very soon the company will offer maternity leave for duration as declared by

    the Government.

    The result of paternity leave was very much fluctuating. Most male employees

    were somewhat satisfactory and neutral. In the quantitative question as mentioned

    earlier most men said that the paternity leave should be extended so that they can

    fulfill their responsibility while the baby birth.

  • Page 29

    Level of Satisfaction of the Entire Environment of ITV. Factor That Link

    Mostly to Employee Satisfaction

    Factor That Link Mostly to Employee Satisfaction

    Total

    Leaves Salary Working

    environment

    Reward

    The Entire

    Environment

    of ITV is

    satisfactory

    Strongly

    disagree

    0 1 0 0 1

    disagree 0 0 0 1 1

    neutral 0 1 0 0 1

    Agree 2 4 0 0 6

    Strongly

    agree

    1 16 4 0 21

    Total 3 22 4 1 30

    Job satisfaction is very influential for employee retention

    As the dependent variable of the research is Employee Satisfaction it was very

    essential to know the level of employee satisfaction regarding the entire

    environment of ITV. 70% of the employees are satisfied with the environment of

    Job satisfaction is very influential for employee retention

    Strongly Disagreed

    Disagreed

    Neither Disagreed nor agreed

    Agreed

    Strongly agreed

  • Page 30

    ITV. However, this information is not enough to draw conclusion therefore further

    analysis of data needs to be conducted.

    Relation between job satisfaction and employee retention in context of ITV

    Gender Total

    I will not leave

    ITV even if I get

    more salary on

    other org

    Male Female

    Strongly disagree 1 0 1

    Disagree 0 1 1

    Neither Disagree

    nor agree

    1 0 1

    Agree 5 1 6

    Strongly Agree 12 9 21

    Total 19 11 30

    This statement strongly recommends that employee retention is significantly relay

    on Job satisfaction. As we see most of the employee of ITV are saying that salary

    is not a big factor for them. They are satisfied with the working environment of

    ITV.

    Here 70% of the employees are very satisfied with the job and Itv. So our

    hypothesis about the relation between job satisfaction and Employee retention has

    come true.

    Possible Employee turnover

    Strongly disagree

    Disagree

    Neutral

    Agree

    Strongly agree

  • Page 31

    Significance of the Study

    The present study is significant in many aspects. Data from previous studies was

    taken to show the relationship on the measured variables. Previous data attempted

    to show the relationship between independent variable and dependent variable in

    other parts of the Television industries. The Proposed study was done on the

    context of Bangladesh which attempts to investigate whether correlations exist

    between independent variable and dependent variable.

    The research will reveal whether company gets a dependent advantage (employee

    job satisfaction) based on factors such as independent and intervening advantage.

    A further issue will be addressed by this study, whether employee job satisfaction

    helps the company in the long run. Developing countries like Bangladesh are

    growing to quality in Television industries.

    In such circumstances companies are improved employee job satisfaction. Most of

    these companies will treat this as something that can prevent them from growing or

    improved. This study is attempted to change the negative attitude towards

    employee satisfaction because employee satisfaction based on companies position.

    Therefore the company should attempt make improved work environment, task

    feedback, task identity, participation in decision making , communication, skill

    variety, sense of competence and job involvement etc.

    Limitation

    To fulfill this task completely, I couldnt get enough time. Thats why I couldnt

    gather more information & some of this information was necessary. Besides, there

    were many new and complicated terms. So, I had to face problems to complete the

    project. However, I have tried my best to complete the task well. The present study

    was not out of limitations. But as an intern it was a great opportunity for me to

    know the activities of Bangladeshi private tv channels especially Independent

    television Limited (ITV). Some restraints are disclosed bellow:

    The main constraint of the study is insufficiency of information, which was

    required for the study. There are various information the employee can't provide

    due to security and other corporate obligations.

    They didnt give me almost any information about their organization.

  • Page 32

    Due to time limitations many of the aspects could not be discussed in the present

    report.

    Since the personals were very busy, they could provide me very little time.

    I carried out such a study for the first time, so in experience is one of the main

    constraints of the study.

    Sample size was small for this survey. It should be more than 100.

    As I worked in MS access I couldnt get the result of mean, T-test, sample test,

    Correlation, anova, menova etc.

    I faced some problem at work in the beginning of my internship, as my major was

    Marketing and the work was all about journalism. So it took a while to cope up

    with the working environment. But the point is I made it. I could empress my

    superior with my enthusiasm, work interest, good behavior, politeness, and with

    my intelligence.

    Recommendation: Independent Television Limited is one of the largest Private Television channel in

    Bangladesh. Independent Television Limited has earned the reputation of top News

    telecasting operation in Bangladesh. It is persistent in detection of service

    innovation and improvement. In spite of this from the analysis and observation of

    the whole process during the internship period, following recommendations have

    been invent in order to smooth operation of employees job satisfaction.

    In context of job Satisfaction in Independent Television Limited, I came up with

    some recommendation which may help to overcome job dissatisfaction and

    employee turnover and those are:

    Intrinsic and extrinsic reward

    Intrinsic reward is such a reward which is not visible and motivate employee

    through recognition of their work, provide leave, career guidance and so on. And

    extrinsic reward is such kind of reward which is visible or monetary reward like

    benefits, compensation, pay for performance motivate employees of an

    organization. After surveying employees of the Independent Television Limited I

    found out that employees job satisfaction, Workplace learning is affected by this

  • Page 33

    type of reward because the reward provided by the organization is not reach the

    employees expectancy.

    Sufficient feedback will become a learning process for employee of an

    organization. So it would be effective enough to improvise improvement.

    Encourage for Creative Work

    When employer encourage employee to perform creative work it creates an

    environment where employees tend to provide creative and useful work.

    Change the viewpoint towards employee

    Employee supposes to be a warrior of an organization. Every organization has

    several missions and after fulfilling those missions they achieve their goals. But

    reaching an organizational goals required expected outcome which ensured by

    employees or human resources of an organization. So Independent Television

    Limited has to be positive in viewpoint towards its employees for better outcomes.

    Job rotation

    Placing employees into another department as an intern is suppose to be effective

    steps to improvise workplace learning. In that case it creates synergic effect which

    is very important for an organization.

    Training

    Independent Television Limited can organize a training program for trained up

    their employee which is also a process of learning related to their job. In context of

    Employee Retention in Independent Television Limited, I came up with some

    recommendation which may helps to retain employee and avoid turnover

    Encourage Employee Decision

    Encourage employee decision refers to the decision-making is the extent to which

    employers allow or encourage employees to share or participate in organizational

    decision making.

    If an employer encourages employees to make decision, it helps to improve

    employees creativity, organizational citizenship behavior as well as employee

    workplace learning which imply to sustain employees in an organization. And

  • Page 34

    Independent Television Limited may appear that kind of strategy to protect

    employee turnover.

    Conclusion From the practical accomplishment and execution during the whole period of the

    practical orientation in Independent Television Limited I have reached a firm and

    concrete conclusion in a very confident way. The realization will be in harmony

    with most of the news telecasting thinking. Independent Television Limited is the

    fastest growing private News channel in the country. The Channel is already at the

    top slot in terms of credible and quality news to the audience and value addition for

    the shareholders because, despite difficult circumstances, the channel closed the

    year of 2011 with a number of achievements. Presently the channel has been

    functioning with a network of total 5 countries. Like all other commercial

    channels, it has some entertaining programs as well. Those will help to grab young

    audience.

    Research Timeline

    2012 September Research Proposal Writing

    2012 October Literature Review

    2012 October Development of conceptual frame work

    2012 November Data collection procedure

    2012 November Data analysis and interpretation of the findings

    2012 22nd

    November Final drafts of complete manuscript

    2012 29th

    November April Submission of research paper

  • Page 35

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    Websites:

    http://www.independent24.com

    http://www.facebook.com/tv.independent24

    http://en.wikipedia.org/wiki/Independent_Television_%28Bangladesh%

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    Appendix

    Questionnaire survey

    of

    Employees job satisfaction Independent Television Ltd (ITV)

    This research is conducted for academic purposes only. Your

    information will be kept confidential.

    Personal Information

    1. Male Female 2. Age: 2635 3645 46 and above 4. Number of years........................ 3. Income per month: 2000025000 Taka 2600030000 Taka 35000above

  • Page 40

    Name Questionnaire Strongly disagree

    Disagree

    Neither agree or disagree

    Agree, Strongly agree

    Independent variable

    Work ethics

    Every employee is expected to strictly follow the dress code failing which the matter will be brought to the notice of the company management. Which is very good.

    Job satisfaction

    Every employee is satisfied to ITVs salary structure. This salary structure is follows to standard rate

    Every employee gets every type of compensation like bonus, increment.

    ITVs gives promotion/ incentive to employees.

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    ITVs gives every types of leave and leave procedure are same for all employees.

    Stress ITV gives a stress free working environment.

    Participation in decision making

    Employee could be participated directly or indirectly in decision making.

    Communication

    The company management emphasizes on pleasant and workplace that provides every employee with enthusiasm and dynamism In their work.

    Skill variety Employees work will give them opportunities to get deeply involved in and experience frequent successes on the job.

    Autonomy ITVs autonomy taps the extent of freedom, independence and discretion that the employee has in scheduling and

  • Page 42

    performing the job.

    Task identity

    Employees get reward their best performance

    Task feedback

    Manager can help, when employees decrease their task level of confidence in their own competence and experience.

    Job involvement

    The challenges in the job, by offering them risk support, by praising them or rewarding them whenever a rather difficult job gets done well.

    Sense of competence

    The employees act in a professional manner and extend the highest courtesy to co workers, visitors, audiences, vendors, and clients.

    Dependent variable

    Employee retention

    Satisfied employees dont leave the organization.