Employees are Motivated through Financial Reward
Journal: International Journal of Science and Research (IJSR) (Vol.3, No. 11)Publication Date: 2014-11-05
Authors : Samreen Asim Uzair;
Page : 1988-1995
Keywords : Motivation; Financial Reward; Employee Satisfaction;
Abstract
The performance of every Organization depends upon its planning, methodology, resources and most importantly its human resource. Employees are the vital most elements for any organization and it makes an effort to hold its employees for long since they are selected after a time and effort consuming process of recruitment and selection. The purpose of this research paper is to find out the impact of financial rewards over employee performance level and motivation level. The research has been carried out through questionnaires, where it has been filled by faculty members, bankers, employees at FMCGs and part time working students. The focus of study is to find out the relationship between financial rewards and performance of employees as to check whether with the growing inflation rate and needs, people are satisfied with their work and non-monetary rewards or they seek for more and more monetary rewards to meet their needful.
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