Association between Reward and Employee Motivation: A Case Study Banking Sector of Pakistan

12 Pages Posted: 6 Jun 2011

See all articles by Malik Muhammad Shafiq

Malik Muhammad Shafiq

University of Lahore - Business School

Muhammad Akram Naseem

University of Lahore - Business School

Date Written: June 3, 2011

Abstract

This study examines the association between rewards and employee motivation in banking sector of Pakistan. The study is based on primary data and sample Size (N=167) consisted of male and female employees of 19 different banks. Primary data collected by structured questionnaire by using sort of different approaches. Two different hypotheses was developed for the present study and was tested by applying Chi square Test and Regression Test. Significant value is 0.048 of Pearson Chi-square its mean there is association between salary and gender. The correlation between rewards and Employee Motivation is 0.546, which shows the positive relationship between reward and employee motivation. Regression Equation shows that when the reward is made on the basic of Employee point of view; Employee Motivation will increased by 0.527. The results also showed that salary is much important factor for employee motivation as compared to other variable factors like promotion, job security, working condition, appreciation and other benefits.

Keywords: Reward System, Motivation, Employee, Banks

Suggested Citation

Shafiq, Malik Muhammad and Naseem, Muhammad Akram, Association between Reward and Employee Motivation: A Case Study Banking Sector of Pakistan (June 3, 2011). Available at SSRN: https://ssrn.com/abstract=1857663 or http://dx.doi.org/10.2139/ssrn.1857663

Malik Muhammad Shafiq (Contact Author)

University of Lahore - Business School ( email )

1-KM Bopatian Chowk, Defence Road
Lahore, Punjab 54000
Pakistan

Muhammad Akram Naseem

University of Lahore - Business School ( email )

1-KM Bopatian Chowk, Defence Road
Lahore, Punjab 54000
Pakistan

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