Please use this identifier to cite or link to this item: http://hdl.handle.net/10266/3861
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dc.contributor.supervisorSingh, Mandeep-
dc.contributor.supervisorKumar, Vinod-
dc.contributor.authorGupta, Manu-
dc.date.accessioned2016-02-19T06:00:59Z-
dc.date.available2016-02-19T06:00:59Z-
dc.date.issued2016-02-19T06:00:59Z-
dc.identifier.urihttp://hdl.handle.net/10266/3861-
dc.descriptionPHD, LMTSMen
dc.description.abstractThe importance of spirituality in the workplace is gaining recognition among researchers, academics, and business professionals. The Indian insurance sector is highly competitive and, as a result, stressful. Encouraging spirituality at workplace may help employees cope with the stress. In this light, this study framed four objectives to explore the relationship between spirituality at workplace and job satisfaction in public and private insurance companies in Punjab, India. This study also determined whether a significant difference exists between spirituality at workplace and job satisfaction among the employees of public and private insurance companies in India. During the research, some new factors affecting spirituality at workplace and job satisfaction were identified. Spirituality at workplace (the independent variable) was measured using four existing dimensions: meaningful work, sense of community, organizational values, and compassion (Ashmos and Duchon, 2000; Kinjerski and Skrypnek, 2006; Petchsawang and Duchon, 2009). In addition, three newly identified dimensions were used: work commitment, trust, and unbiased behaviour. Job satisfaction (the dependent variable) was measured using a short version of the Minnesota Satisfaction Questionnaire (Weiss et al., 1967), which covers aspects like the work itself, supervisors, job security, company policies, growth of salary, working conditions, autonomy, and opportunities for growth. In addition to this, two new dimensions were also identified: working hours and customer loyalty. The results revealed a significant positive relationship between spirituality at workplace and job satisfaction across the entire insurance sector (public and private). If both sectors were taken individually, then in the public sector there was a positive relationship iv between all dimensions of spirituality at workplace and job satisfaction; but in the private sector, meaningful work and compassion had a negative relationship with job satisfaction, while all the rest of the dimensions had a positive relationship with job satisfaction. There was a significant difference between public and private insurance companies for spirituality at workplace and job satisfaction. Employees of private insurance companies experienced more spirituality at workplace than those of public insurance companies, as the mean value for spirituality at workplace was higher for private companies. It was also found that employees of private insurance companies were more satisfied than employees of public insurance companies, as the mean value for job satisfaction was higher for private companies. This study provides better understanding of spirituality at workplace and highlights its importance in the Indian insurance sector. Thus, insurance companies should engage in sustained efforts to increase spirituality at workplace and thereby enjoy such benefits as increased work commitment, better job performance, high job satisfaction, and reductions in absenteeism and employee turnover.en
dc.format.extent1859103 bytes-
dc.format.mimetypeapplication/pdf-
dc.language.isoenen
dc.subjectspirituality at workplaceen
dc.subjectJob satisfactionen
dc.subjectInsurance Sectoren
dc.subjectFactor Analysisen
dc.subjectRelationshipen
dc.subjectLMTSMen
dc.titleSpirituality at workplace and its relationship with job satisfaction - a study on public and private insurance sector in Punjaben
dc.typeThesisen
Appears in Collections:Doctoral Theses@LMTSM

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