Rewarding Systems and Their Impact on Employees' Performance

Tewodros Solomon

ISBN 10: 3845442840 / ISBN 13: 9783845442846

Published by LAP LAMBERT Academic Publishing Aug 2011, 2011

About this Item

Neuware -At present work environment, employees require competent and equitable reward that fit with their effort. In return, they will be able to put their utmost potential to achieve company¿s mission. The motive behind conducting this study is to identify rewarding systems and their impact on employees¿ performance. The findings of the study clearly show that different rewarding systems positively affect employees¿ performance. In addition, the company works more on monetary rewards but the availability and provision of non-monetary rewards were found to be poor. To boost employees¿ morale and performance, the company should plan its rewarding systems based on different demographic variables and it should adopt effective implementation of different non-monetary rewarding systems. Moreover, it should consider the impact of rewards given at individual, team and organizational level. Finally, the findings this book is helpful for the company, policy makers and academicians who want conduct similar study.Books on Demand GmbH, Überseering 33, 22297 Hamburg 96 pp. Englisch. Seller Inventory # 9783845442846

Bibliographic Details

Title: Rewarding Systems and Their Impact on ...

Publisher: LAP LAMBERT Academic Publishing Aug 2011

Publication Date: 2011

Binding: Taschenbuch

Condition: Neu

About this title

Synopsis:

At present work environment, employees require competent and equitable reward that fit with their effort. In return, they will be able to put their utmost potential to achieve company’s mission. The motive behind conducting this study is to identify rewarding systems and their impact on employees’ performance. The findings of the study clearly show that different rewarding systems positively affect employees’ performance. In addition, the company works more on monetary rewards but the availability and provision of non-monetary rewards were found to be poor. To boost employees’ morale and performance, the company should plan its rewarding systems based on different demographic variables and it should adopt effective implementation of different non-monetary rewarding systems. Moreover, it should consider the impact of rewards given at individual, team and organizational level. Finally, the findings this book is helpful for the company, policy makers and academicians who want conduct similar study.

About the Author:

Tewdros Solomon Tesfaye is a graduate of B.Ed degree in Business Management, Adama University, Ethiopia and Master’s degree in Business Administration, specialized in Human Resource Management and Financial Management from Andhra University, India. Mr. Tewodros has been working as instructor at Aksum University since October 2007 G.C.