OCCUPATIONAL STRESS AND JOB SATISFACTION AMONG BANK EMPLOYEES

In the cut throat competitive era job satisfaction and job stress are the two most widely studied topics in the present world. A major part of man`s life is spent in work and hence stress level is increasing among the employees. Banking industry which is the backbone of the country’s economy is not an exceptional one. During the past decade, the Indian banking sector has under gone rapid and striking changes due to globalization and liberalization, increased competition due to the entrance of more private sector banks, introduction of new technologies, etc. Due to these changes, the employees in the banking sector are exposed to various pressures causing stress. Job satisfaction has been studied both as a consequence of many individual and work environment characteristics and as an antecedent to many outcomes. Employees who have higher job satisfaction are usually less absent, less likely to leave, more productive, more likely to display organizational commitment, and more likely to be satisfied with their lives (Lease, 1998). Job satisfaction degree is in fact determined by the ratio between what we have and what we want in our life. Human have to adjust continuously with the changing environment. When a person becomes successful with his job, he feels satisfied and job satisfaction is essential for uprising production. The worker who achieves more is highly satisfied with his job. Future expectation of an employee also influences his job satisfaction level. Job satisfaction of bank employees is very important for the economic sector to function successfully