A Comparative Study on Job Satisfaction and Related Psychosocial Variables in Public Sector Employees and Private Sector Employees of India

The present study deals with job satisfaction in private sector and public sector employees of India. Attempts were also made to assess their subjective sense of well being and level of happiness. The sample size was 700 divided into 2 groups i.e., private sector and public sector. Each group was consisted respondents age ranging between 25-50 years and having minimum 2 years of job experience. The data were collected from several departments i.e., IT sector, BPO sector, social development sector, educational sector, cultural sector, banking sector and multinational company sector as private sector and educational sector, banking sector, railway sector, medical sector, non IAS-IPS sector, clerical sector and defence sector as public sector. The results reveals that public sector employees were found to be more satisfied than the private sector employees in their job. In case of subjective sense of well being and level of happiness the mean of public sector employees were also found to be greater than the mean of private sector employees. Furthermore, significant correlation has been found between job satisfaction and level of happiness and between job satisfaction and sense of well being of the employees.