Teachers are the pillars of the society, who help students to grow to shoulder the responsibility of taking their nation ahead of others. Teachers’ satisfaction with workplace is the heart of the study. If a teacher is satisfied with his/her job, then he/she will deliver his/her contributions in appropriate way. The major objectives of the study were: (1) to know difference between the views of public and private university teachers regarding their job satisfaction; (2) to differentiate the perceptions of public and private university teachers by academic qualification on their job satisfaction; (3) to explore difference between the opinions of public and private university teachers by age about job satisfaction; (4) to find out difference between the views of public and private university teachers by experience regarding job satisfaction; and (5) to explore the difference between the perceptions of public and private university teachers by gender about job satisfaction. The population of the study consisted of all teachers of public and private universities in Khyber Pakhtun Khwa. The researcher randomly selected 14 (7 public and 7 private) out of 25 universities in Khyber Pakthunkhwa. The sample size was 420 respondents. Questionnaire was used for data collection. Mean Independent Sample t-test was employed for data analysis. No significant difference was found between the perceptions of public and private universities’ teachers on majority 20 dimensions of job satisfaction. However, significant difference was observed between the views of public and private universities’ teachers on some job satisfaction facets. It was concluded that the views of both the public and private universities’ teachers are the same. It was recommended that Higher Education Commission (HEC) may take various measures to remove the gap between the perceptions of public and private universities’ teachers on some facets of job satisfaction in Khyber Pakhtunkhwa, Pakistan.