RELATIONSHIP BETWEEN ORGANIZATIONAL CLIMATE AND EMPLOYEES JOB SATISFACTION: THE CASE OF DEVELOPMENT BANK OF ETHIOPIA

Abstract

dimensions and employees’ job satisfaction in Development Bank of Ethiopia. Convenience sampling method was employed to select Head office, Addis Ababa district and branches located in Addis Ababa due to a reason that it is very costly to undertake the study within a given time and economically infeasible for the researcher to conduct the study outside of Addis Ababa and simple random sampling was used to select the sample respondents determined by using Toro Yamane formula. Both primary and secondary sources of data were used. Additionally, this study used both explanatory and descriptive research design. To analyze this data descriptive and inferential analysis using SPSS software program were used. The major finding of the study revealed that from those all organizational climate variables, salary and benefit package was the most poorly perceived by the employees with a mean score of 2.68, and percentage score (42%) which is by far below the average score (50%). The results of correlation coefficient statics revealed that there is a significant positive relationship between organizational climate and employees’ job satisfaction (r=0.557, n=277, p=.000), (2 tailed) and finally, the study concluded by providing possible recommendations that the bank must take immediate action and must be given special attention to the climate dimensions scored below average (50%). The study concludes with limitations and future research suggestions to enhance organizational climate in Development Bank of Ethiopia as well as other related banks