While the findings suggest that customer satisfaction has a
significant impact on financial performance, findings also suggest
that employee satisfaction has no direct impact on financial
performance because the relationship between employee satisfaction
and financial performance is an indirect one,which is mediated
by customer satisfaction. Results clearly indicates that there is a
direct relationship between employee satisfaction and customer
satisfaction and between customer satisfaction and financial
performance. This finding suggests that satisfied employees are
highly motivated to provide good service to customers. Results
reported in this study are consistent with previous studies, which
suggest that employee satisfaction plays a primary role in helping
companies achieve financial goals because if a company takes care of
its employees, the employees will take care of the customers
(Loveman, 1998). Findings of this study suggest that the relationship
betweenemployee satisfactionandfinancial performance is likely to
bemediated by customer satisfaction. Satisfied employees are likely
to be more motivated and work harder to provide a satisfactory
service to customers than dissatisfied ones (Paradise-Tornow,
1991). As suggested by the service-profit chain, if employees feel
their company takes good care of them, they are, in return, likely to
take time to provide better service tomeet and/or exceed customer’s
expectations. This is likely to lead to higher satisfaction among
those customers, which in return will lead to higher profits (Koys,
2003). This finding suggest that even though it is hard to observe
direct impact of employee satisfaction on financial performance,
service companies cannot survive without satisfied employees
because satisfied employees are the ones who provide satisfactory
service experience tocustomers. Therefore, companiesneedtomake
sure that theiremployees are happy and satisfiedwithwhat they do.