Impact of Compensation and Reward System on Employee Productivity

HRMT20024
Assessment 1
Week 10
Motivation, rewards and
compensation
N A M E :
S T U D E N T N U M B E R :
C A M P U S :
L E C T U R E R / T U T O R :

References of the articles
 Article 1: Aslam, A., Ghaffar, A., Talha, T., & Mushtaq, H. (2015). Impact of compensation and
reward system on the performance of an organization: An empirical study on banking sector of
Australia. European Journal of Business and Social Sciences, 4(8), 319-325.
Article 2: Woolley, K., & Fishbach, A. (2018). It’s about time: Earlier rewards increase intrinsic
motivation. Journal of personality and social psychology, 114(6), 877.

Article 1 (Impact of compensation and
reward system on the employee productivity
)
Objective:
A) Evaluate the impact of the strategies of reward and compensation on the employee
productivity in an organisation.
B) Provide a proper understanding of the relation in between reward and compensation.
Method
Made use of theoretical approach