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Abstract

This study, titled “IMPACT OF HUMAN RESOURCE PRACTICES ON JOB SATISFACTION IN AYEYARWADDY FARMER DEVELOPMENT BANK, MYANMAR” investigates how various human resource practices contribute to job satisfaction and influence employees’ intentions to remain with the organization. The core problem addressed is the increasing concern over employee turnover despite visible investments in compensation, training, and workplace policies. To explore this issue, the study employed a quantitative approach, collecting data through structured questionnaires from 220 employees across different departments and managerial levels at A Bank Myanmar. Using SPSS for statistical analysis, the study measured the influence of six key HR practices compensation and benefits, work environment, leadership and management style, career development and promotion, work-life balance, and recognition and rewards on job satisfaction, and subsequently on retention. While the study is limited to one organization and relies on self-reported data, it provides meaningful insights into HR practices in the banking sector of Myanmar. The findings revealed that job satisfaction significantly influences employee retention, with compensation, work environment, and work-life balance being the most impactful predictors. However, career development programs conducted during non-working hours negatively affected satisfaction levels. The study recommends tailoring HR strategies to support employee well-being, recognition, and advancement in a more employee-friendly manner.

Author: YE MIN KO