UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 11
November-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2211531


Registration ID:
505057

Page Number

f238-f244

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Title

IMPACT OF REWARD SYSTEM ON EMPLOYEE COMMITMENT

Authors

Abstract

Commitment of employees is an incentive to the organization since a longer stay at the same organization helps the employee understand organizational goals . A well-designed system for rewarding labour greatly has a bearing on the output of employees and therefore impacts on the commitment of the organization. The study investigated the relationship between reward management and employee commitment. The reward system as the independent variable indicators included; Extrinsic rewards which was measured in terms of Base Salary, Benefits and Promotion while the second dimension will be Intrinsic Rewards and was measured in terms of Employee Recognition, Responsibility and Working Condition Whereas Employee Commitment was shown as the dependent variable. Correlation and Regression analysis was used in the study. The study observed that there is a direct and positive relationship between reward practices and employee commitment which means that the reward practices are directly proportional to employee commitment. This indicates that the change in reward necessarily results a change in the level of employee commitment. This shows that management of the concerned company can make use of different tactics, strategies, and policies to improve the level of performance of employees in the organization.

Key Words

Reward System, Employee Commitment, Extrinsic rewards, Intrinsic Rewards

Cite This Article

"IMPACT OF REWARD SYSTEM ON EMPLOYEE COMMITMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 11, page no.f238-f244, November-2022, Available :http://www.jetir.org/papers/JETIR2211531.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF REWARD SYSTEM ON EMPLOYEE COMMITMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 11, page no. ppf238-f244, November-2022, Available at : http://www.jetir.org/papers/JETIR2211531.pdf

Publication Details

Published Paper ID: JETIR2211531
Registration ID: 505057
Published In: Volume 9 | Issue 11 | Year November-2022
DOI (Digital Object Identifier):
Page No: f238-f244
Country: Chennai, tamil nadu, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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