EFFECTS OF RECOGNITION-BASED REWARDS ON EMPLOYEES' EFFICIENCY AND EFFECTIVENESS

Shazia Khan (), Dr.Tayyaba Zarif () and Bilqees Khan ()
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Shazia Khan: Department of Human Resource, Alkaram Towel Industries Pvt.Ltd.
Dr.Tayyaba Zarif: Newports Institute of Communication and Economics
Bilqees Khan: Institute of Business & Technology (IBT) Karachi

IBT Journal of Business Studies (JBS), 2011, vol. 7, issue 2, 01-7

Abstract: PurposeThe purpose of this study is to investigate the efficacy of recognitionbased rewards on employees motivation to be efficient and effective on the job as compared to usual incentives particularly the monetary ones.Study is also aimed to identify role of these rewards on employee retention as well as their longterm effectiveness within organization. MethodologyFor the purpose of study a close ended questionnaire was used to infer the relation between supervisors recognition independent variable and employees performance, their desire to remain with the organization, and their long term effectiveness in within the organization etc.dependent variables. AlKaram Towel Industries Pvt.Ltd.Karachi was selected for the study whereat sample size of 100 employees was opted for.The effect of supervisory recognition on employees was examined using chi2 inferential test. FindingsFindings of the study showed significantly positive relationship between dependent and independent variables. Practical ImplicationsThis research work is likely to help the organizations realize the worth of recognition as a motivating factor and may persuade them to shift their focus from financial incentives to recognitionbased rewards. Findings of the study are also likely to add to the information to the managers that employees of all levels along the hierarchy are influences positively by supervisory recognition for their output and working contribution, and seniority of position is no more bar to it.

Keywords: Non-financial benefits; Supervisor recognition; Efficiency; Effectiveness (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aib:ibtjbs:v:7:y:2011:i:2:p:01-7

DOI: 10.46745/ilma.ibtjbs.2011.72.1

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