Factors affecting Employee engagement in NBFCs

Abstract

Non-Banking Finance Companies are really significant and play a crucial role in the Indian economy. They also play a major role in nation building. They have emerged as an adjunct to the banking segment in India by proffering credit facility to the unbanked segment.  NBFC really take care of employee engagement by providing ample job satisfaction to the employees. In-depth research and understanding of employee psychological insights is a difficult task for the personnel department of each NBFC organization. The high rate of loss is an NBFC organization’s concern. So they prioritize employee engagement for obvious reasons. This study is based on several surveys to identify the factors affecting employee engagement in the NBFC segment. For survey stratified random sampling methodology has been used. Research hypothesis was constructed on the basis of correlation analysis. The result suggests that employee engagement is correlated with job satisfaction. It is advised to practice and focus employee engagement as a priority basis in NBFC sector.