The Effect of Reward Management System on Employee Performance. The Case of IE Network Solutions Plc

The Effect of Reward Management System on Employee Performance. The Case of IE Network Solutions Plc
Author: Esubalew Ginbar
Publisher: GRIN Verlag
Total Pages: 78
Release: 2021-02-25
Genre: Business & Economics
ISBN: 334635301X

Master's Thesis from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 3.87, Addis Ababa University (College of Business and Economics), course: Business Administration, language: English, abstract: The aim of this study was to examine the effect of reward management system on employee performance in the case of IE Network Solution PLC. in Addis Ababa. In a current highly competitive business environment, having well performing and inspired employees are the main success factor for any organization. In realizing that, in one hand researchers argue well-designed reward strategy plays the major role through enhancing the performance of employees. On the other hand, other scholars claim that rewards have nothing to do with employees’ performance. This study was conducted through a mixed research approach with in both a descriptive and explanatory research design. A total of 80 self-administered questionnaires were distributed to the all staff members of the company. 77 questionnaires were returned. It was valid to run the data analysis. Therefore, the descriptive, correlation and multiple regression analysis were computed through SPSS version 23. The correlation analysis result shows that promotion and employee recognition positively and moderately associated with performance of employees. However, work condition salary have a positive but weak relation with employee performance. The multiple regression analysis revealed promotion (β=0.313), employee recognition (β=0.319), work condition (β=0.256), and salary (β=0.189) has a significant effect on employee performance. However, benefit packages have no significant effect on performance of employees. Additionally, the regression analysis shows, (R^2=0.579, p

An Investigation Into the Effect of Reward Management Systems on Employee Retention. A Case of Anthany and Palmer (Pvt) Ltd

An Investigation Into the Effect of Reward Management Systems on Employee Retention. A Case of Anthany and Palmer (Pvt) Ltd
Author: Anthony Tapiwa Mazikana
Publisher:
Total Pages: 63
Release: 2019
Genre:
ISBN:

This study, the effect of reward management systems on employee retention. A case of Anthany and Palmer (Pvt) Ltd, was undertaken because of the increasing poor performance of the organization due to reward management. The study sought to gain an understanding of the effect of reward management systems on employee retention and to come up with strategies to improve reward management systems. The quantitative approach was adopted. Questionnaires were circulated to 202 employees in Anthany & Palmer (pvt) ltd selected through a technique of convenience sampling. Based on the analysis of responses received through these questionnaires, it emerged that reward management affect the organization. Insight given show that this reward management can be implemented through the strategic implementation of human resources management.

Reward Management

Reward Management
Author: Geoff White
Publisher: Routledge
Total Pages: 248
Release: 2004-08-02
Genre: Business & Economics
ISBN: 1134643268

There have been fundamental changes in renumeration practices in the UK over the last quarter century, with a substantial decline in collective bargaining as the major method of pay determination and the growth of more individualistic systems based on employee performance, skills or competency. This new text, which includes chapters by major UK academics and consultants who are specialists in the reward management field, is the first to adopt a critical and theoretical approach to these changes in reward systems. It covers the Institute of Personnel and Development's reward syllabus but, unlike other reward books, takes a thematic and theoretical approach to the material.

Employee Reward

Employee Reward
Author: Michael Armstrong
Publisher: CIPD Publishing
Total Pages: 596
Release: 2002
Genre: Compensation management
ISBN: 9780852929384

Revised and rewritten to take account of the new academic standards that will be taught from September 2002, this text examines the many forces influencing decisions about pay - market forces, economics, corporate culture and strategy, to name a few. It provides clear guidance on all remuneration issues, including job evaluation, grading structures, performance management, profit-related pay, benefits and reward for particular groups. By starting from first principles and adopting an integrated approach, Employee Reward provides a definitive overview of the whole process.

Effects of rewards on employee motivation

Effects of rewards on employee motivation
Author: Getaneh Abebaw
Publisher: GRIN Verlag
Total Pages: 73
Release: 2021-12-23
Genre: Business & Economics
ISBN: 334656164X

Master's Thesis from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, , language: English, abstract: The general objective of this study is to assess the effect of reward on employee motivation in Kirkos sub city administration, Addis Ababa. The study aims at assessment of the effect of reward on employee motivation in selected Kirkos sub city administration. Descriptive and inferential analysis was used to describe the effect of intrinsic and extrinsic rewards on employee motivation. Out of a total target population of four hundred fortify one administrative employee; two hundred ten samples were taken in probability sampling more specifically, stratified sampling, technique from the Kirkos sub city administration chief executive pool. Questionnaire was developed and distributed to the administrative employees. The finding of the study indicated that administrative employees of the administration have moderate satisfaction with the total reward practices. However; employees are motivated better by intrinsic rewards than extrinsic rewards. When each extrinsic reward items were computed, employees showed dissatisfaction from bonuses, similarly, when variables of each intrinsic reward were examined employees have moderate satisfaction the relationship of manager.

Armstrong's Handbook of Reward Management Practice

Armstrong's Handbook of Reward Management Practice
Author: Michael Armstrong
Publisher: Kogan Page Publishers
Total Pages: 456
Release: 2012-11-03
Genre: Business & Economics
ISBN: 0749466480

Reward management deals with the strategies, policies and processes required to ensure that the value of people and the contribution they make to achieving organizational, departmental and team goals is recognized and rewarded. Armstrong's Handbook of Reward Management Practice is the definitive guide to understanding, developing and implementing effective reward systems. It is aimed at HR practitioners involved in employee reward, and at students who need to understand the importance of reward and how it can be successfully applied across organizations. Updated to reflect the practical implications of the most recent research and discussion on reward management, this edition includes new case studies and chapters on evidence-based reward management, reward risk management and ethical approaches to reward management. This authoritative and engaging book is accompanied by extensive online resources, including PowerPoint slides and notes for tutors, and exercises to help students to test their learning. It is also closely aligned to the CIPD's standards in Reward Management, making it an ideal companion for both practitioners and students undertaking a professional qualification.

Analysis of different rewards at ABC House to improve employee’s performance

Analysis of different rewards at ABC House to improve employee’s performance
Author: Muhammad Naeem
Publisher: GRIN Verlag
Total Pages: 83
Release: 2015-10-27
Genre: Business & Economics
ISBN: 3668075506

Master's Thesis from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: B, Glyndŵr University, Wrexham known as NEWI, course: MBA, language: English, abstract: The purpose of this research is to explore the most effective and best rewards to get the maximum performance from the employees’ working in ABC in London. Extensive research will be conducted to determine the motivational rewards types to boost up the motivation of employees at work. Further to identification of major reward types; the advantages and disadvantages of each reward type will be highlighted to understand the rewards in broader spectrum. The purpose of this research is to determine the best motivational reward which can help in boosting the employees’ performance to another level. The data can be collected either through primary data or by secondary data; combination of both data types are usually adopted to conduct an extensive research. The most effective and best reward type which helps to motivate the employees will be discussed in literature review (secondary data). Also the limitations related to each motivational reward type affecting the employees’ motivation will also be discussed in the literature review of the research. Once the data is collected through secondary means; the next step is to determine the problems prevailing at ABC which are limitations in motivating the employees to perform well. Once data from both means (primary and secondary); the information will then be evaluated which will help in understanding the motivational factor and the reward to motivate employees at ABC. The outcome of this research will facilitate in recommending which reward effective for motivating the employees based on the analysis of data. The main objectives and questions of research are listed below.

Reward Management in Context

Reward Management in Context
Author: Angela Wright
Publisher: CIPD Publishing
Total Pages: 250
Release: 2004
Genre: Business & Economics
ISBN: 9780852929933

Understand how to design and implement reward management in the workplace

Rewards, Remuneration and Performance

Rewards, Remuneration and Performance
Author: Keith Macky
Publisher: CCH New Zealand Limited
Total Pages: 121
Release: 2013-07-01
Genre: Compensation management
ISBN: 1775470245

We all respond to incentives to perform. This handy reference looks at the link between the way a business remunerates its employees and that business's ability to gain competitive advantage. It explains practical performance-based strategies, including profit sharing, gain sharing, merit pay, share ownership, goal-based plans and how to design a system. Containing examples and case studies to help illustrate points, this user-friendly resource is a must-have for business owners, managers, HR professionals and students.