| Abstract: | As banking industry is one of the fast-growing industries in Ethiopia, all banks are focusing
on branch expansion and introduction of new products/services. This paper examines the
effects of compensation and benefit on employees' job satisfaction at Dashen Bank S.C. in
Addis Ababa branch. It was done based on primary and secondary data sources, a selfadministered structured questionnaire, descriptive and explanatory research design, mixed
research method, descriptive statistics and regressions. The collected data was analyzed using
descriptive statistics and regressions. This study found that all Compensation & Benefit
variables had a negative relationship with employees' Job Satisfaction, while linear regression
variables such as payment, bonus, and Incentive and Promotion opportunity had a statistically
significant effect. Health care had a statistically insignificant effect. These findings show that
the related factors should have given attention to retain employees in the bank. Some
suggestions have been recommended for the bank and for future research to be more
complete and comprehensive Based on the findings of the study recommendations forwarded
for management of the bank to continuously examine and improve the existing HR policy and
procedure on Payment, Bonus, Incentive and Promotion that may guarantee continuous
satisfaction of employees and to keep them retained in the bank |
