EFFECTS OF RECOGNITION-BASED REWARDS ON EMPLOYEES' EFFICIENCY AND EFFECTIVENESS
Download| Volume 7 Issue 2 2011 | |
|---|---|
| Author(s): |
Shazia Khan
Dr. Tayyaba Zarif
Bilqees Khan
|
| Abstract | The purpose of this study is to investigate the efficacy of recognition based rewards on employees' motivation to be efficient and effective on the job as compared to usual incentives particularly the monetary ones. Study is also aimed to identify the role of these rewards on employee retention as well as their long-term effectiveness within the organization. For the study a close-ended questionnaire was used to infer the relation between supervisors' recognition (independent variable) and employees' performance, their desire to remain with the organization, and their long-term effectiveness within the organization, etc. (dependent variables). Al-Karam Towel Industries (Pvt.) Ltd. Karachi was selected for the study whereat sample size of 100 employees was opted for. The effect of supervisory recognition on employees was examined using the chi2 inferential test. Findings of the study showed a significantly positive relationship between dependent and independent variables. This research work is likely to help the organizations realize the worth of recognition as a motivating factor and may persuade them to shift their focus from financial incentives to recognition-based rewards. Findings of the study are also likely to add to the information to the managers that employees of all levels along the hierarchy are influences positively by supervisory recognition for their output and working contribution, and seniority of position is no more bar to it. |
| Keywords | Non-financial benefits, Supervisor recognition, Efficiency, Effectiveness |
| Year | 2011 |
| Volume | 7 |
| Issue | 2 |
| Type | Short Report |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | IBT Journal of Business Studies | Publisher Name | ILMA University | Jel Classification | - | DOI | http://dx.doi.org/10.46745/ilma.jbs.2011.07.02.01 | ISSN no (E, Electronic) | 2409-6520 | ISSN no (P, Print) | 2416-8393 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/7.2/1%20Effects%20of%20Recognition.pdf | Page | 1-7 |