Corpus ID: 18443161. Every organization has some form of reward system. Establishing this balance is one of the Extrinsic rewards come from the organization as money, perquisites or promotions from supervisors and co- workers as recognition (Beer and Walton, 2014). Puwanenthiren Pratheepkanth . Reward System and Its Impact on Employee Motivation in Commercial Bank of Sri Lanka Plc, in Jaffna District @inproceedings{Pratheepkanth2011RewardSA, title={Reward System and Its Impact on Employee Motivation in Commercial Bank of Sri Lanka Plc, in Jaffna District}, author={Puwanenthiren Pratheepkanth}, year={2011} } Rewards and Recognitions’ Impact on Employee Motivation . The aim of this study is to investigate whether rewards and recognition has an impact on employee motivation. Recognition for your role is always important and costs nothing, but has vast rewards for employee motivation and for your business.
A reward system is the world's greatest management tool (Rehman, Khan & Lashari, 2010). THE IMPACT OF REWARD SYSTEM ON EMPLOYEES’ PRODUCTIVITY (A STUDY OF NIGERIAN BOTTLING COMPANY LTD) ABSTRACT Reward Strategy is seen as one of the most important strategies in the human resource management function, as it influences the productivity or employees and growth of organization. High-
The study concluded that there is a positive link between reward systems and employee performance.
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The purpose of this study was to measure the effect of intrinsic and extrinsic rewards on employee attitudes, job satisfaction and organizational commitment as well as the mediating role of per-ceived organizational support. At its core the research looks to discover whether intrinsic or extrinsic motivation is the strongest, uncover if pay is a motivator and how to enhance motivation through pay and reward management. A Literature Review of Employee Motivation Wu Yuping* 1Faculty of Management, University Technology Malaysia, Malaysia * 1615682474@qq.com Abstract----With the development of globalization, there are many companies meet new challenges, employee work inefficiency, high turnover rate, which result in whole organization fall down. 1.8 DEFINITION OF TERMS. Key Words: reward management, employees performance, motivation, creativity, job satisfaction INTRODUCTION Organizational effectiveness can be obtained only from high-performing employees. Reward system is an important tool that management uses to channel employee’s motivation in desired ways such as better functionality and further improve company performance. s-Increasingly, organizations are realizing that they have to establish an equitable balance between the employee's contribution to the organization and the organization's contribution to the employee. The authors have found a gap in the historical research, which makes this research relevant in both terms of research and practice. The general objective of the study was to determine the effect of compensation on employee motivation at Chloride Exide group of Companies. The study is an investigation into the effect of reward system on the motivational level of employees with a case study of selected investment companies in Lagos metropolis. A biographical and Work Motivation Questionnaire was administered to respondents. As stated by Lawler (1971), rewards system is an area that is widely popular and therefore, it is a topic that is hugely chosen for research in the field of …