Analyzing Leadership Styles’ Impact On Employee Engagement In Indian New-Gen Banks; Identifying Improvement Strategies

Abstract

The repetitious pattern of behavior exhibited by a leader is referred to as their leadership style. There are a variety of leadership philosophies, such as authoritarian, transformational, transactional, democratic, bureaucratic, charismatic, paternalistic, laissez-faire, and servant leadership. Person engagement refers to a person's enthusiasm and commitment to their task.  To better understand the leadership style and employee engagement of new generation bank workers, the current study was created with this context in mind. Nearly 80% of the sample respondents, as determined by their age distribution, fell between the 21–40 age ranges. According to the samples gender breakdown, roughly 60% of respondents were men and 40% were women. The sample group's occupational positions revealed that around 47.3 percent were employed as assistant managers, followed by 23.6 percent as branch managers, 20 percent as clerks, and only nine percent as senior clerks. The sample's years of experience indicated that this percentage was roughly 50%. The selected sample's employees were judged to be more engaged as a result of the supervisor leadership style, according to almost 60% of respondents who strongly agreed. 50 percent of respondents reported that their supervisor speaks with them every day and offers insightful suggestions for raising employees' loyalty to the company. The chosen organisation had strong employee engagement across the board for all responders. There is a connection between an employee's overall job satisfaction and level 1 rewards and recognition at work. The leadership step and work position of the employees in the new generation bank were not related to LA at the 5% level of significance, nor were any other variables. At the 1% level of significance, there is a significant relationship between employee engagement and years of experience, showing that employee engagement is shown to be growing with years of experience. The majority of respondents in the survey had strong staff involvement, and the supervisor's leadership style was effective. This demonstrated that the organisation is giving the necessary items for maintaining its employees' engagement and that the new generation of bank employees are found to have good involvement in the task performed.