Abstract:
The main aim of this study is to discover the comparison between compensation and
work environment on job satisfaction and to compare the effect of these two factors
between the public and private sector of Pakistan. Two major contributing factors or
dimensions to job satisfaction are compensation and work environment hence we derive
that job satisfaction is denoted by compensation and work environment. Now these
variables are not equally provided in the public and private sector hence a comparative
analysis would help in better understanding the impact these dimensions of job
satisfaction have on the public as well as the private sector of the country. The study will
help in understanding which sector has better work environment as well as provides
comparably better compensation which further lead to job satisfaction. The research
would yield qualitative as well as quantitative results and the analysis would be
conducted through a questionnaire that has been developed after studying various related
questionnaires that were developed to measure job satisfaction in Canada as well as the
US. The organizations that were selected for the study include organizations from both
sectors and are well known. These organizations have been strategically selected in order
to make the results more accurate. The findings of the study indicated a difference in the
compensation between the public and the private sector where employees belonging from
the public sector were provided with greater compensation as compared to private sector
employees hence derived that job satisfaction from compensation is greater in the public
sector as compared to the private sector. Dissimilar to these findings, the work
environment provided at private organizations was better than the work environment at
public sector organizations. Hence job satisfaction deriving from the work environment
was higher in private organizations as compared to public sector organizations. Overall in
the research when both sectors were studied and analyzed further using cross tab analysis
on SPSS which helped in making findings more accurate and it was established that
overall job satisfaction is more in the private sector organizations of Pakistan.
