Saturday, 2 November 2019

Hygiene factor










In the year 2017, the National Development Bank shined up with a special benefit to all the confirmed staff under the medical scheme. Prior to 2017, the staff was facilitated with a blanket hospitalization cover of Rs. 300,000/- includes family members. However, in accordance with the revised medical policy all permanent carders and their family members are entitling to the individual cover of Rs. 300,000/- irrespective of the number of members.


Further, commencing from the same year, Management decided to enhance the DSCR eligibility when considering credit facilities for the staff. This assisted the staff to obtain additional credit facilities from the bank at the public rate, though their staff loan quota is over. These new steps stood like a post to persuade the employees to get engaged in with NDB. In addition to the above the bank provides good working conditions with the clean and comfortable office environment, with healthy relationships with superiors and subordinates, the salaries are good and slightly above industry standards, and employees work with minimum supervision.

2 comments:

  1. Hi Dishan,
    Agree with you on Hygiene and Motivation Factors. Hygiene Factors such as Working Conditions, Salary and Benefits, Supervision, Job Security will prevent dissatisfaction among the employees (Asim, 2013). Further, Motivational Factors such as Recognition, Achievement, Advancement will boost the high level of job satisfaction and extra performance (Dobre, 2013).

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  2. Ulrich (2012) stated that, recognition & achievement creates more weight-age in creation of motivated staff.

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