Impact of Reward System on Employee Performance: A Study on DPD

This research study aims to investigate the impact of reward system on employee performance in DPD. The study will analyze the challenges in managing the reward system to improve employee performance and organizational productivity.

Research Proposal

Table of Contents
Topic
Background of the study
Research aim and objectives
Research questions
Rationale
Literature review
Research methodology
Gantt Chart
Risk Register

Topic
 Topic: To investigate the
impact of reward system on
employee performance. A
study on DPD.

Background of the study
 The current study is illustrating the concept of the
reward system which is important to be understood and
adopt in definite manner. The company DPD has to
implement the good and define reward system activity
from where the employee of the company can perform
well to have a positive working environment and can
provide the appropriate amount of result and outcome.

Research aim and objectives
Aim
To understand the effect of reward system which puts the effect on employee performance. A
study on DPD.
Objectives
To ascertain the concept of reward system
To analyse the impact of reward system on employee performance
To determine the challenges in managing the reward system to improve the employee
performance and organizational productivity

Research questions
 What do you understand by reward system?
 Why reward system is significant for employee performance?
 What are the challenges the organization faces to provide effective reward
system management to improve the employee performance?

Rationale
 The reason behind conducting this study is to understand the
concept and role of reward system which puts the great impact on
the employee performance and also provides the effective outcome
to the company. This research study has been conducted to deliver
the valuable opportunity to the business area from where they can
easily understand the importance of the reward system and can
implement effectively at the workplace which deliver the definite
amount of outcome respectively.

Literature review
 Theme 1: Concept of reward system
 As per the views of Zeyada (2018), the reward system is simply refers as a motivational activity which an
individual organization perform to get the profitable outcome from the employee and staff members.
Implementation of the reward system at the workplace or a business field is important as it ensures the
employee to have a meaningless and valued bond with the business and company from where the
company can obtain the effective results and employee performance can be improved respectively.
 On the other hand Kolko (2021) states that the reward system is related and combined with the
relation to the organizational culture where it helps in the improvement of the overall performance of the
organization and employee and offer the strategic competitive benefit from where the company can be
able to grow and develop effectively. Author also stated that applying the reward system will provide a
huge benefit to the company and also retain or hold the employee for longer period which reduces the
employee turnover rate and scale definitely.

Research methodology
 Research Type
 There exists various kind of the research methodology that is being used in doing the research. It has namely two types that are the qualitative
research and the quantitative research. The type which is used in the proposed research is the qualitative method that is used for the purpose
of collecting, comparing and interpreting the information and used in the surveys, interviews, records along with the participant observations.
 Research Approach
 The research approach is about the process and plan which includes the steps related to the broad assumptions to the comprehensive methods
of analysis, interpretation along with data collection.
 It is mainly divided into three types that are inductive, deductive and abductive. The type which is being used in the proposed research is the
inductive approach that includes the collection of the data which is related to the topic of interest. After an enough amount of the data has
been collected then it will include the ranges of observation along with the development of explanations and theories for that particular
patterns with the help of series of hypothesis.
 Research Philosophy
 The research philosophy is related to the assumption, nature along with the knowledge of the proposed research. It tackles with the particular
manner of creating the knowledge. The research philosophy is divided into four types that are the pragmatism, positivism, realism and
interpretivism. The type which is being used in the proposed research is the interpretivism that includes the researcher to interpret the
components of the study and connects the interest of the human into the study.

Gantt Chart
ask Name Duration Start Finish Predecessors
Selection of the topic 1 mon Wed 1/5/22 Tue 2/1/22
Forming the aim and
objectives 2 mons Wed 2/2/22 Tue 3/29/22 1
Literature review 3 mons Wed 3/30/22 Tue 6/21/22 2
Research method 5 mons Wed 6/22/22 Tue 11/8/22 3
Data gathering 6 mons Wed 11/9/22 Tue 4/25/23 4
Data sampling 4 mons Wed 4/26/23 Tue 8/15/23 5
Data analysation 7 mons Wed 8/16/23 Tue 2/27/24 6

CONTINUE

RISK REGISTER
 A risk register is a strategic tool which is utilized in the risk management and project
management areas where it helps and supports to identify the potentials risk which can be
occurred during the project of the organization and can deliver the various issues
effectively.
 The main purpose of implementing the risk register tool is to recognize the risk in definite
manner from where the project management can be able to plan the process to mitigate the
risk appropriately and can provide the effective outcome and results respectively.
 The risk register has been going to perform below where it will help the research to
identify the risk such as lack of resources, knowledge and education while performing the
study where it will help them to create a pre -plan process of identifying the risk and
actions which can be taken by the researcher if the risk occurs.

Risk Description Cause Likelihood of risk occurring Impact if the risk occurs Ratings based on impact and
likelihood
A person manages the risk Mitigating actions
Inappropriate budget
management
The budget risk occurs when
the improper management of
the financial areas has been
done where it causes to make
the project failure as without
the proper budget
management the research
study cannot be able to get
completed.
Medium High High Finance manager and team/
Project manager
Inflation rate and the expected
price rise must be analysed
critically before getting the
budget approved. However, if
the risk occurs then it will be
required to prepare a new
budget sanctioned by relevant
authority who can manage the
risk in definite manner.
Communication barrier The research which is
conducted can get the
communication barriers where
a lack of interaction between
the research will effect the
outcome of the research
study.
Low Medium Medium Human resource/ Project
management
When so ever, the research is
conducted, an individual
researcher is required to
interact with each other and
managed by the project lead
in efficient manner by using
the different communication
channels. Also, if the risk
occurs in future then, the roles
and responsibilities of each
researcher should be clarified
and needs to be understood.
CONTINUE

CONTINUE
Lack of resources This risk caused when the
allocation of the resources was
not done properly and can be
shortages in volunteers and
researchers to conduct the study
effectively.
Higher Medium Medium Project manager, external
parties and core team
The lack of adequate supply of
resources in a timely manner can
be resolved by ensuring that the
suppliers and vendors are not
causing unnecessary delay
where estimating the
requirement accurately will help
to mitigate the risk. Also, they
should prepare the backup plan
in definite manner for future
occurrence.
Executive support risk The researcher can have fall sick
and ill during the project where it
will cause the difficulties in
collecting the information in
appropriate and timely manner.
Low Medium Medium Core team members The researcher should be
selected by exploring the talent
and capabilities. However, If this
risk occurs in future the new
researcher will hire in quick
manner.
Legal Trouble This risk has been occurred if the
researcher do not follow and
implements the ethics while
conducting the research where it
causes the high level of risk
which is required to be mitigated
quickly.
Medium High High The project management team The legal trouble occurs when
the research do not follow the
principles where they should
have required to keep the laws
and ethics to be considered
while conducting and performing
the research efficiently.
However, they can use the
references and maintenance of
the confidentiality while
collecting and gathering the data
and information for the research.

REFERENCES
 Bae, H.S. and Grant, D.B., 2018. Investigating effects of organisational culture and
learning on environmental collaboration and performance of Korean exporting firms.
International Journal of Logistics Research and Applications.21(6). pp.614-630.
 Huang, F. and Teo, T., 2020. Influence of teacher-perceived organisational culture and
school policy on Chinese teachers’ intention to use technology: An extension of technology
acceptance model. Educational Technology Research and Development.68(3). pp.1547-
1567.
 Koumproglou, A. and Biginas, K., 2022. Exploring the Unique Start-up Organisational
Culture. In Small Business Management and Control of the Uncertain External
Environment. Emerald Publishing Limited.