International Journal of Business and Management February‚ 2010 Impact of Reward and Recognition on Job Satisfaction and Motivation: An Empirical Study from Pakistan Rizwan Qaiser Danish Chairman‚ Department of Business Administration University of the Punjab‚ Gujranwala Campus‚ Pakistan E-mail: rdanish2000@yahoo.co.uk Ali Usman University of the Punjab‚ Gujranwala Campus‚ Pakistan E-mail: usamaz_07@hotmail.com Abstract Human resources are the most important among all the resources an organization
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The criminal justice system has been around for years with history dating back to the 14th century. Working in this field there are many roles and responsibilities that are the duties of the professional. There are both social and individual needs of this profession. Some social needs include preventing and understanding child abuse‚ homelessness‚ and prison overcrowding. Some individual needs include suicide prevention‚ mental health help‚ and justice for victims. Preventing and understanding child
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committed to a job‚ role or subject‚ or to make an effort to attain a goal. Motivation results from the interaction of both conscious and unconscious factors such as the (1) intensity of desire or need‚ (2) incentive or reward value of the goal‚ and (3) expectations of the individual and of his or her peers. These factors are the reasons one has for behaving a certain way. An example is a student that spends extra time studying for a test because he or she wants a better grade in the class. MOTIVATION
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THE IMPACT OF REWARDS ON EMPLOYEE MOTIVATION IN THE TELECOMMUNICATION SECTOR OF PAKISTAN Farheen B. Zaidi 1‚ Zahra Abbas 2 JULY 2011 VOL 3‚ NO 3 Abstract A good reward system is necessary to motivate the employees of an organization. This study was conducted in order to investigate the impact of rewards on the motivational level of employees of telecommunication sector of Pakistan. The impact of three independent variables rewards‚ monetary rewards and non-monetary rewards on the dependent
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During this coursework‚ I would be investigating the concept of relational contracting and how it is used in the real world‚ this would be followed by a full explanation of the advantages and disadvantages of relational contracting‚ supported by real case studies and how some of the advantages in turn might lead to the saving in transaction costs. Managing the relationship between various parties is becoming crucial as the industry is moving from fragmented and adversarial ways of working. Under
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Non-Monetary Rewards in the Workplace As we enter into the 21st Century‚ we see many changes in different facets of our life. One of the many changes is the ever evolving area of the workplace. Employers are encouraged to change the way a business is run to fit the changing needs of the employee. As the employee needs change‚ so does the compensation and reward system used to increase employee retention and productivity. This different type of compensation is seen in many
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Diversification plays a vital role in the economy of our nation. This paper will provide an example of a well-diversified country versus a poorly diversified country. Nations invest in a variety of financial risks to ensure the security of its investment. Diversification can involve investing in a variety of stocks as well as a variety of bonds. “A portfolio strategy designed to reduce exposure to risk by combining a variety of investments‚ such as stocks‚ bonds‚ and real estate‚ which are unlikely
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Impact of rewards on employee performance Abstract A majority of companies are confronting several problems linked to worker’s performance. The Rewards system has many affects on workers‚ which rise the degree of work performance and fulfillment. Various studies were directed in the last decades to study the influence of rewards on the workers performance. This report aims to study the link among employee’s performance and rewards‚ in addition to that to identify Cultural dimensions in reward perspective
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Employee Motivation‚ Recognition‚ and Rewards u06a1 Adriane L Thompson athompson74@capellauniversity.edu BUS 3004 Developing a Business Perspective February 20‚ 2011 Introduction This paper will address why employee motivation‚ recognition and rewards keeps employees working effectively and efficiently. Employee motivation is very important to a company’s production and quality of work‚ It is important for management and companies to recognize employees’ hard work and have an incentive
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How do the Sears changes reflect a total rewards approach? A total rewards approach can be implemented in a company to attract‚ engage‚ and retain employees. When designing an effective total rewards approach a mixture of five key elements are used to tailor a program that reinforces the overall business strategy of a company while ensuring organizational success for the future. These five key elements are: compensation‚ benefits‚ work life‚ performance and recognition‚ and finally development
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