Impact of Workplace Spirituality on Organizational Commitment

Abstract

In an attempt to evaluate the various initiatives taken by Government towards Financial Inclusion with the help of secondary sources published by RBI (Reserve Bank of India), CRISIL (Credit Rating Information Services of India Limited), EPWRF (Economic & Political Weekly Research Foundation). The interpretation of the secondary data compiled from these reports revealed that the growth of Financial Inclusion is slow (2010)(2011)(2012)(2013)(2014)(2015), a number of reasons are responsible for this failure that are the absence of bank branches, inability to maintain minimum balance requirement, lack of infrastructure, lack of documents are few to be mentioned. The increase in the Financial Inclusion over the years (2010)(2011)(2012)(2013)(2014)(2015) is very slow supporting the decision of the Government for the Payment Banks towards financial inclusion.

Ascertaining Organizational Commitment Via Workplace Spirituality among Employees of a Malaysian Development Bank

“…According to Delaney (2005), work experience identified most significant dimension of workplace spirituality. Based on the study by Pathak, Saxena, and Jaiswal (2017), it shows that work experience and organizational commitment have a positive impact on their study's regression analysis. The results of this study show that workplace spirituality has a positive and significant impact on organizational commitment, for example, the more employees have workplace spirituality, the more committed they are to their organization (Pathak, Saxena, & Jaiswal, 2017).…”

“…According to many researchers, workplace spirituality influenced by meaningful work, sense of community and alignment with organizational values, but this research, workplace spirituality emphasizes sense of community, meaningful work and work experience. Work experience (Pathak, Saxena, & Jaiswal, 2017) is added to make a new result whether it can affect organizational commitment or not. Therefore, the objective of this study was to identify the effects of workplace spirituality through all of its dimension as per following subobjectives:…”