Employee Motivation and Reward Management Practices: Evidence from Some Lucknow-Based Service Organizations

Abstract

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.