Human Resources Practices in the Romanian Banking System: Rewards, Job Satisfaction, and Job Performance

Carmen-Elena Tä‚nä‚sescu () and Ramona Leon
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Carmen-Elena Tä‚nä‚sescu: National University of Political Studies and Public Administration

Management Dynamics in the Knowledge Economy, 2019, vol. 7, issue 4, 469-483

Abstract: This research aims to analyze the relationships established among rewards, job satisfaction and job performance in the Romanian banking system. In order to achieve this goal, a single-case study is used as a research strategy and a survey-based on a questionnaire is developed among the 60 employees the BCR-BpL branch from Bucharest, Sector 3. The relationships established among rewards, job satisfaction, and job performance are tested using Partial Least Square – Structural Equation Modelling. The results prove that: (i) rewards have a positive influence on job satisfaction; (ii) the relationship between job satisfaction and job performance is not statistically significant; and (iii) the relationship between rewards and job performance is not statistically significant. These findings have both theoretical and practical implications. On the one hand, they extend the theory from the human resources management field by analyzing the relationships established among rewards, job satisfaction, and job performance, within the Romanian banking system. On the other hand, they help managers understand the importance of using rewards as a strategic organizational tool, capable to increase employees’ satisfaction.

Keywords: job satisfaction; financial and non-financial rewards; job performance; banking sector; structural equation modeling. (search for similar items in EconPapers)
Date: 2019
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