A Study of Organizational Commitment in Nationalized and Private Banks

Abstract

In today’s competitive world, the biggest challenge which the organizations are facing is to retain talented employees. Organizations often try to foster commitment in their employees to achieve stability and reduce costly turnover. It is commonly believed that committed employees will also work harder and are more likely to ‘go the extra mile’ to achieve organizational objectives. Organizational commitment refers to the employee’s emotional attachment to, identification with and involvement in a particular organization. Participants were 309 employees randomly selected from various nationalized and private banks of Indore division. t-Test and one-way analysis of variance (ANOVA) was used for data analysis.