1. Introduction

Liberalization of the Indian business environment through modification in the industrial, trade and fiscal policies by the government has brought in change and competition of a magnitude that was previously unknown to Indian organizations. In the new liberalized scenario, where multinationals and other global players are competing in the domestic market with the monopoly players, the management of organizations is expected to be more productive and efficient for survival. More than a decade ago, the western countries faced similar conditions. A cascade of changing business structures, and changing leaderships had forced various departments of the companies to alter their perspectives on their role and function overnight. As companies moved from an exclusively bottom line obsession to a focus on customer, mission and the organization’s role, they were forced to make changes in their organization to given emphasis primarily to productivity.

In order to “survive”, Indian organizations are being forced to undergo massive changes.   In   this   context,   it   would   be   important   to   identify   the   factors   in   the organizational   environment   that   have   the   most   positive   impact   on   the performance of the organization. Among various factors, attitudes and feelings of the individuals regarding their jobs and job experiences have   been found to be significantly affecting their behaviors.

2. Literature Review and Hypotheses

2.1   Job Satisfaction

Locke (1976) stated job satisfaction as a pleasurable positive state resulting from one's job and job experience. Individuals show pleasurable positive attitudes when they are satisfied with their job.

Drever   (1964)   described   job   satisfaction   ''as   an   end   state   of   feeling."   Singh (1990) pointed out that the job satisfaction is a part of life satisfaction, the nature of one's environment off- the- job. Similarly, a job is an important part of life, job satisfaction influences one's... [continues]

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