Authors: Yash Vardhan Somani, VS Eeshan, Keshav Karnani, Aryan Saraogi
Abstract: Job satisfaction and motivation of employees are key determinants of both the performance and the long term survival of the organization. This paper focuses on the correlation between motivation, job satisfaction, performance in an organization and employee retention (Robbins & Judge, 2019). This study aims at examining the effect motivational strategies have on staff levels of satisfaction and the overall effect of these variables on the productivity, profitability, and the stability levels in the workforce. The new world of business is growing competitive and knowledge based and the organizations need to keep the talent and improve the performance with the help of a proper human resource practice. The research is based on the quantitative case study based on primary data, which has been achieved through structured questionnaires given to 150 employees working in a mid-sized organization of services. Secondary data in terms of HR reports, turnover statistics and performance measures were also examined. Correlation analysis, regression analysis, and descriptive statistics were used as a statistical means of evaluating variables relationships. The results demonstrate that there is a high positive relationship existing between job satisfaction and intrinsic motivation (Deci & Ryan, 2000). The extrinsic motivators like salary and job security are also relevant in retention, although intrinsic elements prove to be more long-lasting with regard to engagement and productivity (Herzberg, 1966). The regression outcomes show that there is a mediating role of job satisfaction between motivation and organizational performance (Judge et al., 2001). The increase in satisfaction levels was linked to low turnover intention and better productivity indicators. The research finds that companies need to pursue a moderated motivational system that incorporates both intrinsic and extrinsic elements in order to increase their retention and work efficiencies.
