MASR 431 442 Libre
Management and Administrative Sciences Review
ISSN: 2308-1368
Volume: 2, Issue: 5, Pages: 431-442 (2013)
© 2013 Academy of Business & Scientific Research
www.absronline.org/masr
Research Paper
The Impact of Rewards on Employee’s Job Performance and Job
Satisfaction
Zeeshan Fareed1*, Zain Ul Abidan2, Farrukh Shahzad3, Umm-e-Amen4, and Rab Nawaz Lodhi5
1. MS Scholar, Department of Management Sciences, CIIT, Sahiwal, Pakistan
2. MBA, Department of Management Sciences, University of Education, Okara Campus, Pakistan
3&4. B.Com (Hons.), Hailey College of Commerce, Punjab University, Lahore, Pakistan
5. Lecturer, Department of Management Sciences, CIIT, Sahiwal, Pakistan
Now a day’s all firms or business entities are facing so many issues related to employee’s job performance and employee’s job satisfaction. Rewards have much impact on employees, which increase the level of job performance and job satisfaction. Many studies are conducted in the past to check the impact of rewards. This study will examine the impact of rewards on employee’s job performance and job satisfaction in telecommunication sector of Okara city, Pakistan. Questionnaire is used as instrument and 100 questionnaires were used to check the respondent’s opinion. The frequency test, descriptive analysis, correlation and multiple regression tests were applied for data analysis. This study concludes that there is positive relationship between rewards
(extrinsic and intrinsic) and employee’s job performance and job satisfaction. Most of the organizations implement rewards system to increase the job performance and job satisfaction. Keywords: Extrinsic rewards; Intrinsic rewards; job performance; Job satisfaction;
INTRODUCTION
There is so much changing occurring in the business world and every business entity or organization has much relay on employee‟s good performance. Rewards are considered an important tool to check the employee‟s performance. Management use rewards for employees motivation. So we
ISSN: 2308-1368
Volume: 2, Issue: 5, Pages: 431-442 (2013)
© 2013 Academy of Business & Scientific Research
www.absronline.org/masr
Research Paper
The Impact of Rewards on Employee’s Job Performance and Job
Satisfaction
Zeeshan Fareed1*, Zain Ul Abidan2, Farrukh Shahzad3, Umm-e-Amen4, and Rab Nawaz Lodhi5
1. MS Scholar, Department of Management Sciences, CIIT, Sahiwal, Pakistan
2. MBA, Department of Management Sciences, University of Education, Okara Campus, Pakistan
3&4. B.Com (Hons.), Hailey College of Commerce, Punjab University, Lahore, Pakistan
5. Lecturer, Department of Management Sciences, CIIT, Sahiwal, Pakistan
Now a day’s all firms or business entities are facing so many issues related to employee’s job performance and employee’s job satisfaction. Rewards have much impact on employees, which increase the level of job performance and job satisfaction. Many studies are conducted in the past to check the impact of rewards. This study will examine the impact of rewards on employee’s job performance and job satisfaction in telecommunication sector of Okara city, Pakistan. Questionnaire is used as instrument and 100 questionnaires were used to check the respondent’s opinion. The frequency test, descriptive analysis, correlation and multiple regression tests were applied for data analysis. This study concludes that there is positive relationship between rewards
(extrinsic and intrinsic) and employee’s job performance and job satisfaction. Most of the organizations implement rewards system to increase the job performance and job satisfaction. Keywords: Extrinsic rewards; Intrinsic rewards; job performance; Job satisfaction;
INTRODUCTION
There is so much changing occurring in the business world and every business entity or organization has much relay on employee‟s good performance. Rewards are considered an important tool to check the employee‟s performance. Management use rewards for employees motivation. So we
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