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International Review of Business Research Papers Vol. 5 No. 4 June 2009 Pp.270-279
The Impact Of Reward And Recognition Programs On Employee’s Motivation And Satisfaction: An Empirical Study
Reena Ali1 and M.Shakil Ahmed2
Objective-This study highlighted “the impact of reward and recognition programs on employee’s motivation and satisfaction” Methodology-The study was conducted from October till December; 2008 the Sample chosen for the study is 80 employees of UNILEVER companies Results-The factors affecting satisfaction were identified; payment (0.86**), promotion (0.74**), working condition (0.61**), personal(0.37*) as Analysis showed immense support for positive relationship between REWARD and EMPLOYEE SATISFICTION. All these results are statistically significant thus providing rigor and generalizability in research. Conclusion-This exploratory study suggests for the positive relationship between reward and satisfaction
Key Words: HRM, Motivation, Satisfaction
Field of Research: HUMAN RESOURCE MANAGEMENT.
1.
Introduction
In order for an organization to meet its obligations to shareholders, employees and society, its top management must develop a relationship between the organization and employees that will fulfill the continually changing needs of both parties. At a minimum the organization expects employees to perform reliably the tasks assigned to them and at the standards set for them, and to follow the rules that have been established to govern the workplace. Management often expects more: that employees take initiative, supervise themselves, continue to learn new skills, and be responsive to business needs. At a minimum, employees expect their organization to provide fair pay, safe working conditions, and fair treatment. (Beer, Spector, Lawrence, Mills, & Walton, 1984). Traditionally most reward and recognition programmes were vague and often given in response to a manager’s
1 2
Reena Ali, student BSBA Hons, Comsats Institute of
The Impact Of Reward And Recognition Programs On Employee’s Motivation And Satisfaction: An Empirical Study
Reena Ali1 and M.Shakil Ahmed2
Objective-This study highlighted “the impact of reward and recognition programs on employee’s motivation and satisfaction” Methodology-The study was conducted from October till December; 2008 the Sample chosen for the study is 80 employees of UNILEVER companies Results-The factors affecting satisfaction were identified; payment (0.86**), promotion (0.74**), working condition (0.61**), personal(0.37*) as Analysis showed immense support for positive relationship between REWARD and EMPLOYEE SATISFICTION. All these results are statistically significant thus providing rigor and generalizability in research. Conclusion-This exploratory study suggests for the positive relationship between reward and satisfaction
Key Words: HRM, Motivation, Satisfaction
Field of Research: HUMAN RESOURCE MANAGEMENT.
1.
Introduction
In order for an organization to meet its obligations to shareholders, employees and society, its top management must develop a relationship between the organization and employees that will fulfill the continually changing needs of both parties. At a minimum the organization expects employees to perform reliably the tasks assigned to them and at the standards set for them, and to follow the rules that have been established to govern the workplace. Management often expects more: that employees take initiative, supervise themselves, continue to learn new skills, and be responsive to business needs. At a minimum, employees expect their organization to provide fair pay, safe working conditions, and fair treatment. (Beer, Spector, Lawrence, Mills, & Walton, 1984). Traditionally most reward and recognition programmes were vague and often given in response to a manager’s
1 2
Reena Ali, student BSBA Hons, Comsats Institute of