This is a cross-sectional survey study that examined potential factors that affect job satisfaction and performance among teachers in a community setting in Iba New Site, Ojo Local Government, Lagos State, Nigeria. Structured questionnaire was used to obtain information from 60 teachers working in a selected high school in the community. The study assessed both monetary and non-monetary factors affecting participants in a high school environment. In respect to monetary factor, it was observed majority of the participants were not satisfied or happy with their monthly salary, thereby negatively impacting on their commitment, job satisfaction and performance.Regarding non-monetary factors, certain factors such as job flexibility, teamwork, support from managers/management, training and development, promotion, job recognition and reward were examined. The findings from this current study show that job flexibility enhanced job satisfaction and performance of participants with over 43% of the participant reporting satisfaction ("good") at the high school.