It is known fact that employees are the reason of the success of any organization. It is the responsibility of every organization to keep its workforce satisfied, otherwise, it will not be possible to sustain its market share. The job satisfaction of employees leads to personal satisfaction in life. The performance of an employee in the job depends on the stress level. Now a days, dissatisfaction and higher turnover of employees are the two problems that many organizations face these days. It is widely accepted that employee contributions are directly responsible for the overall performance of an organization. Every business has a duty to make sure that its workforce is happy, because without an adequate level of satisfaction, the company would be unable to retain its market share. The achievement of a worker in a specific job depends on the amount of stress they encounter. This paper is focused to understand the theoretical framework of job satisfaction.       

Keywords: Job Satisfaction, Theoretical Concept, Hierarchy, Motivation, Reference Group.