Reward and Performance - Essay Example

Only on StudentShare

Extract of sample
Reward and Performance

In contrast, survey carried out by Kenneth Kovach depicted that employee's ranked good wages fifth among their top ten job reward factors. Therefore, there appears to be a difference in ideology of what motivates employees (Kovach, 1995). Motivation revels when in an organisation considers all factors affecting performance. (Ruebusch, 2003). These factors include individual needs, nature of the job i.e. degree of job challenge and goal clarity, job design, job security, organisational climate, a sense of personal significance, stability of expectations, recognition, trust, honest communication, dignity and respect, as well as an equitable reward system which will be discussed in great detail in the proposed thesis.
The exigency to motivate employees with desirable rewards has hitherto salvaged a significant level of importance; this is because rewards can serve as motivators but could also have negative reactions should that supposed merit falls below employee's expectations. Therefore, this thesis seeks to examine the impact of valued rewards on performance in the banking industry utilizing the expectancy theory and two factor theory of motivation framework, while introducing other factors that influence the activity levels of performance.
From my critical research on the literature on motivation, as well as the growing need by ...Show more


The cognisance over aspects that motivates employees on the job has been on the rise in past years. One of the manager's basic responsibilities is to instruct, converse with, and motivate workers (Drucker, 1985). Therefore, they perpetually seek solutions to how to stimulate workers to generate performance and productivity, and how it can be maintained continuously…
Author : elmokunde
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Reward and Performance"
with a personal 20% discount.
Grab the best paper

Related Essays

Performance Management Essay
The task assigned to the control group was to make a set number of sandwiches in a calculated time. First, the control group was asked to complete the task without any incentive. This gave us a normal response from the control group with some people not interested in doing the task.
7 pages (1750 words) Essay
Performance & Reward Management
Though the presentation was very good but it had certain drawbacks that I would like to discuss here in this paper plus the positives of the presentation would also be discussed. The combination of text with picture representations was also done quite effectively.
2 pages (500 words) Case Study
Performance Management.
In the case study, power and politics affects performance management in the sense that power is abused. Being in authority does not mean having freedom to control everything. This form of management can be viewed as dictatorship wherein the management is the one dictating the flow of all activities.
3 pages (750 words) Essay
Employee Reward Systems Presentation
Reward systems are helpful to both the employer and the employee. Employees see rewards as a goal or an endpoint to work toward, which provides direction and an ultimate feeling of accomplishment. Employers enjoy the product of their employees' hard work and generally view the actual reward as a good investment in their company.
2 pages (500 words) Essay
Performance & Reward Management
In the same manner, it is also concerned with these individuals’ understanding of their aspirations as well as finding the appropriate actions which could contribute to their development.
11 pages (2750 words) Research Paper
Performance & reward mgt
Employee rewards can be psychological as well as monetary, especially in organizations where there is open and frequent communication between employees and management. “They are therefore more democratic: communication may be
1 pages (250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email