Exploring the Impact of Reward Systems on Employee Motivation

This research project investigates the impact of reward systems on employee motivation within a company. The research aims to determine this impact by critically analyzing factors influencing employee behavior, understanding the importance of employee motivation, linking reward systems to motivation, and recommending methods to enhance motivation through rewards. A descriptive research design with an inductive approach was employed, using primary and secondary data collected via questionnaires from retail managers through purposive sampling. Thematic analysis revealed that monetary methods are predominantly used for motivation, rewards positively impact motivation and work, and employee motivation directly connects to company success. The study recommends that management identify motivational factors and focus on training and development to boost employee morale.

To determine the impact of reward
system on the employee motivation
within a company
Research project

Research overview
• Motivation can be defined as intrinsic
feelings due to which individual give
willing contribution towards attainment of
its individual as well as organizational
goal.
• It plays an important role in building
morale among employees so they take new
challenges, accept changes and support
organization in growing.

Research aims and objectives
Aim: To determine the impact of reward system on the employee
motivation within a company.
Research Objectives
1. To critically analyse the factors that influence employee behaviour.
2. To understand the importance of employee motivation within
company.
3. To understand the link between reward system and employee
motivation.
4. To recommend the effective methods through which organization can
use different rewards to enhance employee motivation

Research Methodology
Research Design : Descriptive research
Research-approaches : Inductive approach
Data collection : Primary and secondary
Research instrument : Questionnaire
Sampling
• Sampling method : Purposive sampling
• Sample size : 10
• Respondents : Retail managers
Data Analysis : Thematic technique

Data Finding and analysis
Demographic factors of participants

The majority of managers are working from 3-5 years

Monetary methods are mainly used for employee
motivation

Use of reward have positive impact on employee
motivation and work

The employee motivation is directly connected with
the success of company

Increase in basic pay is key reward that is used by
manager for motivating employees

The reward is the only method that can be used for
boosting the motivation level of employee

Recommendations
• It is recommended that management should first
identify the factors that helps to motivate the
employees.
• Company must focus more on providing training
and development session to employees which
also help in boosting the morale of individuals.