The Effect Of Reward Management System On Employee Performance The Case Of Ie Network Solutions Plc

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

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.

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.

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.

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.

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.

Suitable for the 'Employee Reward' module on the PDS qualification, as well as for Reward modules in a wider HR and business degree market, this text offers an analytical approach to the subject area.