Job satisfaction among financial planners in Australia

Petzall, Stanley, Clayton, Bruce and Margret, Julie 2006, Job satisfaction among financial planners in Australia, in AFAANZ 2006 : Accounting and Finance Association of Australia and New Zealand Conference, pp. 1-1.

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Title Job satisfaction among financial planners in Australia
Author(s) Petzall, Stanley
Clayton, Bruce
Margret, Julie
Conference name Accounting and Finance Association of Australia and New Zealand. Conference (2006 : Wellington, N.Z.)
Conference location Wellington, N.Z.
Conference dates 2-4 July 2006
Title of proceedings AFAANZ 2006 : Accounting and Finance Association of Australia and New Zealand Conference
Publication date 2006
Start page 1
End page 1
Keyword(s) job satisfaction
financial planners
motivation
turnover
Summary Purpose - Job satisfaction has been the subject of a considerable body of research. In this study, the authors examine job satisfaction among financial planners in Australia, a relatively new profession which has been the subject of very little research.

Method/Approach - A national survey of financial planners was conducted, using a sample of convenience drawn from websites of two large organisations in the financial and insurance industry employing, or having agency agreements with, financial planners. A job satisfaction questionnaire designed for Australian conditions was used.

Findings - Based on a literature review, hypotheses were examined regarding the relationship between job satisfaction and age, job tenure, gender and type of employing organisation, and between job satisfaction and motivation. Results of this survey indicated little correlation between job satisfaction and age, gender, tenure or type of employing organisation. On the other hand, a positive relationship between job satisfaction and motivation was evident.

Practical implications – Respondents comments helped elucidate reasons for financial planner’s job satisfaction or dissatisfaction. Observations provided indicators that may help management nurture a positive job response among employees.

Value of this paper – Practically, this paper contributes to an underdeveloped area of research. It highlights scope for future research in two particular fields. Firstly, in-depth case studies to explore more thoroughly issues of job satisfaction and dissatisfaction. Secondly, with access to a larger number of employed financial planners a comparative study between those and self-employed financial planners on the subject of job satisfaction may enlighten managers and the profession generally.
Language eng
Field of Research 150199 Accounting, Auditing and Accountability not elsewhere classified
HERDC Research category L3 Extract of paper (minor conferences)
Persistent URL http://hdl.handle.net/10536/DRO/DU:30015877

Document type: Conference Paper
Collection: Deakin Graduate School of Business
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