| Business profitability is the product of many things, including good management, a quality product or service, and a stable workforce. The latter 2 elements are dependent on minimal employee turnover, as experienced employees lead to consistency and skill in dealing with the public and producing quality services and manufactured goods. What has not been shown is whether health care benefits contribute substantially to employee satisfaction, a factor the literature suggests is important to minimize employee turnover. The purpose of this study was to determine whether a correlation exists between employee satisfaction with health care benefits (SWHCB) and overall job satisfaction (JS). The theoretical frameworks were Maslow's hierarchical self-actualization through job satisfaction related to having health care benefits and Bandura's motivation factors that lead to satisfaction. Data were collected for both the Jobs in General questionnaire that measures job satisfaction and a researcher-designed survey that measured health care benefits satisfaction. The sample population comprised 150 anonymous volunteers who were part of an online university participant pool and an Academy of Management group who completed the surveys using web-based SurveyMonkey. Multi-linear regression showed that variables of age, gender, and job title were not correlated with SWHCB and JS. The data did suggest, however, a moderately strong positive correlation between SWHCB and JS. The implications for social change include informing organizations and policy makers that the correlation of employee SWHCB to JS may necessitate company cost-benefit examinations. These examinations could result in improved HCB and increased employee satisfaction, leading, in turn, to reduced job turnover and increased workforce stability. |
