The Relationship Between Employee Perception of Promotion Practices and Job Satisfaction at the Co-operative Bank of Kenya Ltd
Abstract
The research used survey design to determine the relationship between employee perception
of promotion practices and job satisfaction at the Co-operative Bank of Kenya Ltd. The major
purposes of this study were to document the perceptions and the factors that influence the
perceptions of employees on the process of staff promotion and job satisfaction at the Bank.
Data was collected from sixty (60) members of staff drawn from 15 Nairobi branches out of
. the total 45 branches in the country. Of the 60 sampled, 53 responded, a reasonably high
response rate of 88%. It was then summarized and presented in the form of proportions,
tables and graphs.
Based on the results from data analysis from chapter four, the following conclusions were
made: there is partially fair distribution in gender and a very rich academic (with most having
reached university level) and professional background amongst the employees in addition to
an overwhelming number being in their productive age of below 40. Most employees have
worked for between 1-10 years with greater number having joined the Bank in middle grades
but a significant number having moved along the ranks in higher grades at the time of the
study. Employees learn about promotional chances through internal advertisements and most
who apply are called for interviews and subjected to competition mainly from internal
candidates. A majority of employees called for the interview end up being selected for the
positions and cite ability, performance and education as the most important factors that are
considered for promotion. There is tacit agreement that there is fairness in the promotion
process and internal advertisements are effective. However, most employees believe they are
in lower grades than they ought to be. While employees do not get automatic promotion on
adding to their skills or education, they nevertheless admit that competence is the most
important basis for promotion. They are not happy with external candidates being preferred
for jobs that already existing employees would have been selected for although they would
consider other factors first if other opportunities were available before leaving the Bank.
The Bank's employees are satisfied with being able to keep busy, to work alone and to do
different things from time to time. They are satisfied with the chance the Bank accords them
to be seen worth in the community, the competence of supervisors, the steady employment
and the chance of being able to do things for other people as well as to tell people what to do.
The chance to do something that makes use of their abilities, the freedom to use their
judgement, and the way company policies are being put into practice is satisfactory to
employees, as well as the pay and amount of work done and the chances of advancement on
their jobs. The way co-workers get along with each other, the working conditions and the
chance to try their own methods of doing the job is satisfactory to employees as much as the
praise they get for doing a good job and the feeling of accomplishment they get from the job.
The research concludes with findings based on Pearson's Product Moment Correlation
Coefficient that there is no relationship between employees' perception of promotion
practices and job satisfaction at the Cooperative Bank of Kenya Ltd.
Citation
Masters of business administrationSponsorhip
University of NairobiPublisher
School of business,University of Nairobi