HRMT20024: Assessment on Motivation, Rewards and Compensation

This report examines the impact of reward and compensation systems on employee productivity, drawing from two key articles. The first article explores the relationship between compensation and employee performance, finding that increased rewards correlate with improved outcomes and employee efficiency. The second article investigates the role of reward timing on intrinsic motivation, concluding that immediate rewards are more effective. The analysis highlights that a well-structured reward system can significantly boost employee motivation and satisfaction. Furthermore, the report emphasizes the role of rewards and compensation in increasing employee performance. This report provides valuable insights into designing effective strategies for motivating employees in the workplace.

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

Article 1
Argument:
With the increase in the unit of reward and compensation there is an increase in employee
performance.
Conclusion:
Reward and compensation have a great effect on the employee performance.
They boost up the level of efficiency among the employees.
Incentives and motivation contribute least to the performance of employees

Article 2 (Rewards increase
intrinsic motivation)
Objective:
To understand the impact of reward timing on the intrinsic motivation.
Method:
The article has conducted survey of the participants and have employed a three between-
participants design.

Article 2
Argument:
Immediate rewards maximize the intrinsic motivation as compared to the delayed rewards
Conclusion:
A well developed as well as functional reward system have the ability to increase employee
motivation and satisfaction.

Contribution of articles to the
topic
The articles suggest that:
Rewards and motivation influence employee productivity
Compensation motivate employees in the workplace
Employee motivation could be increased by using rewards system
Rewards and compensation plays a major role in increasing employee performance.

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