A STUDY ON EMPLOYEE’S JOBSATISFACTION WITHSPECIAL REFERENCE TO SUGAR INDUSTRIES IN PERAMBALUR DISTRICT

Employee satisfaction is essential to the success of any business. Job satisfaction also refers to the satisfaction level of an employee towards his job based on the relationship with the management, motivation obtained, compensation, benefits and also the working environment. A high rate of employee satisfaction is directly related to a lower turnover rate. In most of the cases the management does not care much about the satisfaction level of the employee. Economic downtrend also provides such a situation to some companies. This may affect directly or indirectly in the productivity of the employees. The management should understand the fact that unsatisfied employees are always a threat to the organization. Either they underperform or move on to some other organization. So the management must take care of the satisfaction level since the employees are the people who also work directly or indirectly with the customers. This type of employee-centric culture has an effect on the company’s productivity and profit level that extends beyond the internal sphere of an organization. The employee turnover rate will also decrease to some extent. The cost for recruiting and training a new employee costs more to the organization than to retain the existing employee by making them satisfied. Thus, keeping employees satisfied with their careers should be a major priority for every employer. The paper deals with the satisfaction level of the employees of sugar industries in Perambalur.