Abstract: Having a sense of job satisfaction is very important to all working groups and the importance of having this sensation (job satisfaction) for all managers of governmental and nongovernmental organizations in the modern world clear and crisp because the increase in employee job satisfaction leads to the satisfaction of the audience groups and have a significant impact on general satisfaction of a society. This study aimed to investigate the relationship between understanding the institutionalization of ethics and understanding the quality of work life with job satisfaction and was conducted in 6 governmental organizations in Yazd City. This study is a correlational research. Population of the study has been formed by directors (around 252 persons) of 6 governmental organizations in Yazd in 2014. The sample included 153 subjects and stratified random sampling method was used. The instruments used to measure the research variables included 16-item questionnaire on quality of work life developed by Sergei, 24-item questionnaire on institutionalization of ethics developed by Singapakdi and Whittle and 5-item questionnaire on job satisfaction proposed by Dabinski. The collected data from research questionnaires were evaluated using Pearson’s correlation coefficient and stepwise multiple regression method. The results of data analysis showed that there is a positive relationship betweeninstitutionalization of ethics and quality of work life with managers’ job satisfaction. The results indicate that attention to understanding the institutionalization of ethics and understanding the quality of work life provide grounds for reducing occupational stress and increasing job satisfaction among managers.