International Journal For Multidisciplinary Research

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Non-monetary Benefits Have the Potential to Foster Performance among Staff Members

Author(s) Dr. Prakriti Dixit Porwal
Country India
Abstract The responsibility of management in any organization is to utilize all its resources effectively and efficiently to accomplish its envisioned goals. Like any other resources, human resources are crucial to any firm because they exhibit specialized expertise, talents, and skills that spur productivity, innovation, and expansion. They are the primary reservoir of innovation, adaptability, and resolving issues making them more important than any other resource in achieving organizational success. The success of a firm is directly impacted by the performance of its employees, who have an impact on quality, productivity, client satisfaction, and overall company achievements. Rewards or bonuses can encourage employees to elevate their performance, which can boost productivity and result. The HR department of the organization makes significant decisions regarding employee motivation through incentives to ensure uniformity in employee performance. This study looked at the effects of non-monetary rewards on employee performance.
Keywords Employee Performance, Compensation Management, Non-Monetary Incentive
Field Business Administration
Published In Volume 5, Issue 3, May-June 2023
Published On 2023-06-05
Cite This Non-monetary Benefits Have the Potential to Foster Performance among Staff Members - Dr. Prakriti Dixit Porwal - IJFMR Volume 5, Issue 3, May-June 2023. DOI 10.36948/ijfmr.2023.v05i03.3478
DOI https://doi.org/10.36948/ijfmr.2023.v05i03.3478
Short DOI https://doi.org/gscdq4
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