Dr. Rizwan Qaisar Danish
Hailey College of Commerce, University of the Punjab, Lahore, Pakistan

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A Comparative Study of Banking Industry Based on Appraisal System, Rewards and Employee Performance Dr. Ishfaq Ahmad; Dr. Rizwan Qaisar Danish; Syed Adnan Ali; Hafiz Fawad Ali; Dr. Asad Afzal Humayon
SEISENSE Journal of Management Vol. 2 No. 1 (2019): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (873.496 KB) | DOI: 10.33215/sjom.v2i1.64

Abstract

Purpose- This study was aimed to throw light on the appraisal and reward system, and its effects on job satisfaction and employee performance in the banking sector of Pakistan. Design/Methodology- The research was based on primary data collected from the two major cities of Pakistan, Lahore and Kasur. A total of 250 structured questionnaires were rotated to Islamic and conventional banks in different parts of both cities. Out of these 222 questionnaires were returned and were in usable form. The data so collected was analyzed with the help of the Statistical Package for Social Sciences (SPSS). statistical techniques such as regression analysis, correlation analysis, descriptive analysis and t-test were used. Findings- The results of the study revealed that appraisal was negatively correlated while the reward system was positively correlated to employee performance. Practical implications- This research will help banks in reviewing their policies to make optimum use of their employees to meet certain goals of the bank. This research reveals that the appraisal system of the bank is affecting negatively on employees performance. This study will help in developing criteria which will help managers to appraise the employees in an effective way.
Factors Affecting life Satisfaction of Employees under Financial Threat Dr. Rizwan Qaisar Danish; Rabia Shahid; Hafiz Fawad Ali
SEISENSE Journal of Management Vol. 2 No. 1 (2019): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1013.36 KB) | DOI: 10.33215/sjom.v2i1.82

Abstract

Purpose- Life satisfaction is a level in which feelings of people are affected positively or negatively about their lives. Employees whose lives are more satisfied are generally more committed with their works, reveal low absenteeism and more efficient in doing duties. This study aims to investigate what factors affect life satisfaction of employees in the banking sector specifically in the Pakistani context. Design/Methodology- The target population of this study was non-managerial employees of banks in Lahore. Total 340 questionnaires were distributed among employees in which 60 were filled incomplete and 30 were lost. The data were collected through self-administered questionnaires distributed to 250 respondents. Findings- The findings of structural equation modeling showed that economic hardship, prospective anxiety, and work stress has a negative impact on life satisfaction. Results also show that economic hardship and prospective anxiety has a positive impact on the financial threat. The financial threat is negatively related to life satisfaction. Practical Implications- It can also help managers to understand the insight of employee adverse financial decision making. Managers also make guidelines which may minimize all the consequences of psychological distress. It also helps in identifying methods to reduce anxiety, stress and economic hardship.