Employee Motivation and Reward Management Practices: Evidence from Some Lucknow-Based Service Organizations
Keywords:
Employees motivation, Employees performance, Human resource management practices, Job security, Reward management practices, Social security policyAbstract
In today's post-liberalized business climate, every company, whether it's a service or manufacturing company, is up against stiff competition to improve its competitiveness, profitability, and employee well-being. Various techniques like as staffing, employee retention, incentive supervision, enactment controlling, skill administration, change management, and exit management are important aspects that are taken into consideration to upsurge wage earner commitment and competitiveness. The purpose of this study is to examine reward management methods and how they affect employee motivation. It investigates a variety of reward management methods, such as Compensation Management Practices. Workplace Recognition Policies and Practices for Career Advancement Workplace Independence Employees are motivated by job security at work. According to descriptive statistics of different reward management practices, the most significant feature of reward management practices encouraging workers to perform better is Job Recognition at Work in the organization (m=3.9615). Additional deterioration investigation reveals that true progression accounts for 76.4 percent of the data variance. Employee motivation is prejudiced by the organization's job security and pay policies. Few of the survey-dependent suggestions were too recommended to boost member inspiration.
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References
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