$Impact of reward system on employee satisfaction of Vision Tex Co.$

Impact of reward system on employee satisfaction of Vision Tex Co.

This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2016.

Bibliographic Details
Main Author:	Rafia, Sawline Sabnam
Other Authors:	Chowdhury, Hasan Maksud
Format:	Internship report
Language:	English
Published:	BRAC University 2018
Subjects:	Employee satisfaction Vision Tex Company Reward system
Online Access:	http://hdl.handle.net/10361/9337

id	10361-9337
record_format	dspace
spelling	10361-93372019-09-30T03:13:45Z Impact of reward system on employee satisfaction of Vision Tex Co. Rafia, Sawline Sabnam Chowdhury, Hasan Maksud BRAC Business School, BRAC University Employee satisfaction Vision Tex Company Reward system This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2016. Cataloged from PDF version of internship report. Includes bibliographical references (page 32). Increasingly, organizations are realizing that they have to establish an equitable balance between the employee’s contribution to the organization and the organization’s contribution to the employee. Establishing this balance is one of the main reasons to reward employees. Organizations that follow a strategic approach to creating this balance focus on the three main components of a reward system, which includes, compensation, reward and recognition. Studies that have been conducted on the topic indicates that the most common problem in organizations today is that they miss the important component of Reward, which is the low-cost, high-return ingredient to a well-balanced reward system. A key focus of recognition is to make employees feel satisfied and valued. Research has proven that employees who get recognized tend to have higher self-esteem, more confidence, more willingness to take on new work and more eagerness to be innovative. The aim of this study is to investigate whether rewards and recognition has an impact on employee motivation. A biographical and Work Motivation Questionnaire was administered to respondents. The results also revealed that staff, and employees from non-white racial backgrounds experienced lower levels of rewards, and motivation. Future research on the latter issues could yield interesting insights into the different factors that motivate employees. My report may not sufficient. I have some limitations such as inaccurate search, insufficient time and the lack of experience. Sawline Sabnam Rafia M. Business Administration 2018-02-01T08:01:15Z 2018-02-01T08:01:15Z 2016 2016-12-18 Internship report ID 13264014 http://hdl.handle.net/10361/9337 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 32 pages application/pdf BRAC University
institution	Brac University
collection	Institutional Repository
language	English
topic	Employee satisfaction Vision Tex Company Reward system
spellingShingle	Employee satisfaction Vision Tex Company Reward system Rafia, Sawline Sabnam Impact of reward system on employee satisfaction of Vision Tex Co.
description	This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2016.
author2	Chowdhury, Hasan Maksud
author_facet	Chowdhury, Hasan Maksud Rafia, Sawline Sabnam
format	Internship report
author	Rafia, Sawline Sabnam
author_sort	Rafia, Sawline Sabnam
title	Impact of reward system on employee satisfaction of Vision Tex Co.
title_short	Impact of reward system on employee satisfaction of Vision Tex Co.
title_full	Impact of reward system on employee satisfaction of Vision Tex Co.
title_fullStr	Impact of reward system on employee satisfaction of Vision Tex Co.
title_full_unstemmed	Impact of reward system on employee satisfaction of Vision Tex Co.
title_sort	impact of reward system on employee satisfaction of vision tex co.
publisher	BRAC University
publishDate	2018
url	http://hdl.handle.net/10361/9337
work_keys_str_mv	AT rafiasawlinesabnam impactofrewardsystemonemployeesatisfactionofvisiontexco
_version_	1814308601069568000

Impact of reward system on employee satisfaction of Vision Tex Co.

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