A STUDY ON THE EFFECTIVENESS OF USING MONETARY REWARDS TO IMPROVE THE EMPLOYEE PERFORMANCES: THE CASE STUDY OF ECNOVEL SOLUTIONS - Dissertation Example

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Employee performance efficiency highly influences the success of the organisations. Thus, firms use various motivational techniques for improving employee performance. Monetary rewards are one ...........

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A STUDY ON THE EFFECTIVENESS OF USING MONETARY REWARDS TO IMPROVE THE EMPLOYEE PERFORMANCES: THE CASE STUDY OF ECNOVEL SOLUTIONS

Employee performance efficiency highly influences the success of the organisations. Thus, firms use various motivational techniques for improving employee performance. Monetary rewards are one among such technique that has a high impact on employee performance. Thus the study assesses the effectiveness of monetary rewards provides by Ecnovel Solution for improving employee performance.Ecnovel solutions Ltd is a leading marketing consultancy firm which provides high importance for maintaining potential and loyal staffs in the company. For improving employee performance, the company offers both monetary and non-monetary rewards for the employees. However, due to overwork pressure, poor wage system, etc. results to employee dissatisfaction and which negatively affect employee performance.

For assessing the research problem, the researcher has adopted positivism philosophy, deductive approach, explanatory research design, primary and secondary data collection methods. The researcher conducted an interview with three managers and survey

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A Study On The Effectiveness Of Using Monetary Rewards To Improve The Employee Performances: The Case Study Of Ecnovel Solutions
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