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IMPACT OF REWARDS ON EMPLOYEE PERFORMANCE

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IMPACT OF REWARDS ON EMPLOYEE PERFORMANCE
Impact of rewards on employee performance

Abstract
A majority of companies are confronting several problems linked to worker’s performance. The Rewards system has many affects on workers, which rise the degree of work performance and fulfillment. Various studies were directed in the last decades to study the influence of rewards on the workers performance. This report aims to study the link among employee’s performance and rewards, in addition to that to identify Cultural dimensions in reward perspective.

Introduction

The senior management should create a positive relationship among the employees and the company that will satisfy the consistently fluctuating desires of both gathering, in order for a company to reach its commitments to society, workers and shareholders, All the companies are expecting that their workers will perform dependably to the mission assigned to them, and to respect the policies and systems that have been founded to manage the working environment. Usually the top management is expecting several things from their employees, for instance to be creative, keep on adapting new aptitudes, to be receptive to business necessities and to direct themselves.

On the other hand the workers envisage their employers will give reasonable pay protected functioning conditions, and reasonable treatment. (Beer, Spector , Lawrence, Mills, & Walton, 1984). Traditionally most recompense and distinguishment projects were obscure and regularly given in light of a supervisor 's impression of when a worker performed incredibly good.

There were generally no set guidelines by which a remarkable performance can be measured, and it could have implied anything from having a decent demeanour, helping an alternate division, or being reliably timely. In present authoritative settings this is no more the case, as associations comprehend the extraordinary increases inferred by connecting prizes and distinguishment to their business system (Flynn, 1998), in



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