To Study the Impact of Reward and Recognition System on Employee Job Satisfaction at Private Sector

Ridhdhi Patel; Vaishali Vishwanathan Pillai

Volume : VIII, Issue : IV, April - 2019

To Study the Impact of Reward and Recognition System on Employee Job Satisfaction at Private Sector

Ridhdhi Patel, Vaishali Vishwanathan Pillai

Abstract :

This paper examined the impact of reward and recognition system in the manufacturing sector. The Literature shows that impact of reward and recognition system on job satisfaction. The study of this research is examined about employee�s satisfaction regarding reward and recognition in industry sector. Objective behind the study To study about the impact of rewards and recognition on the performance of employees in the IT sector, To study about the level of employee�s satisfaction with the monetary benefits provided by the organization, To study the level of satisfaction of employees with the current reward and recognition system and provide the practical suggestion for the improvement of employees rewards and recognition in an organization. Primary and secondary source were used. The use of questionnaires was employee to gather necessary and relevant data from the respondents. The data was analysed using descriptive statistics. From the result of the study, it can be concluded that there is a significant relationship between good rewards and recognition services and employee performance. More so, there is a significant relationship between managing reward and recognition system and improve productivity.