The effects of reward system on employee performance / Nurul Asyiqin Noorazem

Reward system which consists of financial rewards and non-financial rewards has become essential to an organization in managing employees’ performance. Motivated employees can be a significant factor in organizational success. When employees are motivated to work at higher levels of productivity, th...

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Main Author: Noorazem, Nurul Asyiqin
Format: Student Project
Language:English
Published: 2020
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/32393/
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author Noorazem, Nurul Asyiqin
author_facet Noorazem, Nurul Asyiqin
author_sort Noorazem, Nurul Asyiqin
building UiTM Institutional Repository
collection Online Access
description Reward system which consists of financial rewards and non-financial rewards has become essential to an organization in managing employees’ performance. Motivated employees can be a significant factor in organizational success. When employees are motivated to work at higher levels of productivity, the organization as a whole will run more efficiently and is more effective at reaching its goals. Literature review on the previous studies it is proven that reward system can motivate and increase employees’ performance. Thus, the organization must critically understand what types of reward system can motivate the employee to perform well in their job. The purpose of this research is to investigate the effects of reward system in organization on employee performance. The variable tested in this study includes salary, bonuses, appreciation and medical benefits. This study adopted a quantitative approach where 132 sets of questionnaires were distributed to the participants selected using convenience sampling. Data was then analyzed using SPSS software and a few analyses were carried out such as descriptive analysis, correlations and regression analysis. The results show that all variables have a significant impact on employees’ performance. The results of this study can be used by the organization to improve its reward system and to ensure it could help in increasing the employees’ performance.
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spelling uitm-323932020-07-16T03:58:31Z https://ir.uitm.edu.my/id/eprint/32393/ The effects of reward system on employee performance / Nurul Asyiqin Noorazem Noorazem, Nurul Asyiqin Job evaluation Job satisfaction Performance standards Reward system which consists of financial rewards and non-financial rewards has become essential to an organization in managing employees’ performance. Motivated employees can be a significant factor in organizational success. When employees are motivated to work at higher levels of productivity, the organization as a whole will run more efficiently and is more effective at reaching its goals. Literature review on the previous studies it is proven that reward system can motivate and increase employees’ performance. Thus, the organization must critically understand what types of reward system can motivate the employee to perform well in their job. The purpose of this research is to investigate the effects of reward system in organization on employee performance. The variable tested in this study includes salary, bonuses, appreciation and medical benefits. This study adopted a quantitative approach where 132 sets of questionnaires were distributed to the participants selected using convenience sampling. Data was then analyzed using SPSS software and a few analyses were carried out such as descriptive analysis, correlations and regression analysis. The results show that all variables have a significant impact on employees’ performance. The results of this study can be used by the organization to improve its reward system and to ensure it could help in increasing the employees’ performance. 2020-07-13 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/32393/1/32393.pdf Noorazem, Nurul Asyiqin (2020) The effects of reward system on employee performance / Nurul Asyiqin Noorazem. (2020) [Student Project] (Submitted)
spellingShingle Job evaluation
Job satisfaction
Performance standards
Noorazem, Nurul Asyiqin
The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title_full The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title_fullStr The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title_full_unstemmed The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title_short The effects of reward system on employee performance / Nurul Asyiqin Noorazem
title_sort effects of reward system on employee performance / nurul asyiqin noorazem
topic Job evaluation
Job satisfaction
Performance standards
url https://ir.uitm.edu.my/id/eprint/32393/