Impact of Financial and Nonfinancial Factors on Job Satisfaction of Primary School Teachers in Bangladesh: A Mediating Role of Job Stress

Financial and Nonfinancial Factors on Job Satisfaction

Abstract

Abstract

The purpose of the study is to investigate the impacts of financial and nonfinancial factors on job stress and job satisfaction of primary school teachers in Bangladesh. It also finds out the mediating effects of job stress on job satisfaction. To attain the objectives of the study, a quantitative approach was used. The study used SPSS and PLS-SEM to examine how different factors affect how participants’ perceptions of the training program (Hair et al., 2021). Various statistical analyses, including descriptive analysis, discriminant validity, composite reliability (CR), Cronbach’s alpha, confirmatory factor analysis, average variance extracted (AVE), F-square test, regression analysis, and hypothesis testing, were performed. The study found that job stress is inevitable in primary school. Basically, working environment, workload, coworker relationships, and supervisory roles create job stress in the workplace. It also found that the teachers are not fully satisfied with their jobs; they are dissatisfied with their salaries, bonuses, promotions, and other logistical support. Improving the standard of education and the general well-being of the teaching staff may be greatly impacted by a study on the job happiness of primary school teachers in Bangladesh. Reduced motivation, more teacher turnover, and eventually a drop in the standard of instruction given to pupils might result from low job satisfaction. On the other hand, a more engaged and productive teaching staff can improve student outcomes and the school climate when work satisfaction is high.