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What is Workplace Satisfaction

Handbook of Research on Virtual Workplaces and the New Nature of Business Practices
Workplace or job satisfaction describes how content an individual is with his or her job. There are a variety of factors that can influence a person’s level of job satisfaction; some of these factors include the level of pay and benefits, the perceived fairness of the promotion system within a company, the quality of the working conditions, leadership and social relationships, and the job itself (the variety of tasks involved, the interest and challenge the job generates, and the clarity of the job description/requirements) (Wikipedia, 2007)..
Published in Chapter:
Semi Virtual Workplaces in German Financial Service Enterprises
Heinz D. Knoell (Leuphana University, Germany)
DOI: 10.4018/978-1-59904-893-2.ch041
Abstract
In this chapter we will present semi virtual workplace (SVWP) concepts in the German financial sector (FS) industry. We give a short introduction into the problem and an overview of the German FS market and its recent developments under European Community (EC) legislation. In the next sections we present three German FS companies that apply successfully semi virtual workplace concepts, followed by detailed descriptions of two semi virtual concepts: strict alternating use of a workplace by two employees (every other day an employee is in his home office) and the concept of the business club, where the employees choose daily their workplace out of a workplace pool when they work on-site. In the last section we compare the concepts and draw conclusion. Further we outline our future research.
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