In this study, level of job satisfaction among selected private higher learningrninstitutes teachers, significant factors affecting their satisfaction on the job andrnchallenges that are faced by the leadership of those institutes wererninvestigated. It is less than or equal to a decade since private higher learningrninstitutes were started to be accredited and operated in the country. Atrnpresent, there are 55 accredited private Colleges and University Colleges inrnAddis Ababa.rnFor this study, a quantitative approach of collecting data was used mainly. Itrnwas believed that to find the right information, it was important to select onlyrnprivate institutes that have experience for minimum five years in the field. Outrnof the 55, only 12 of them have fulfilled this criterion. Again, out of these 12rnprivate higher learning institutes, four of them were selected randomly. Of allrnthe 358 permanently employed teachers in these four institutes, 135 (37. 71 %)rnof them were chosen randomly for getting pertinent information throughrnquestionnaire. In addition, four human resource managers and eightrndepartment heads of the respective Colleges and University College wererninterviewed. The data was analyzed through SPSS (Statistical Package forrnSocial Scientists) Version thirteen.rnIt was found out that there is a high level of dissatisfaction among teachers inrnthose private Colleges and University College. Among the factors thatrncontribute to the high level of dissatisfaction of teachers on their jobs include -rnpayment, communication, working conditions, promotion and fringe benefits.rnIt was also found out that leaders face challenges as the market guides thernprocess of teaching and learning in general, they have lack of infrastructurernand they have problems on communication. Upon these findings: - detailrnneeds assessment, creating a system for communication and showing valuingrnprofessions and experience in administering the human resources werernrecommended