A Study on Employee Reward and Recognition with Special Reference to Dharani Sugars and Chemicals Ltd., Chennai
- Author Dr.K.Nithyavathi
- DOI
- Country : India
- Subject : Human Resource Management
Keywords : Reward, Recognition, Performance, Perception, Attitude, Satisfaction, Motivation
Abstract
Employee reward and recognition programs are one method of motivating employees to change work habits and key behaviors to benefit a business. In a competitive business climate, more business owners are looking at improvements in quality while reducing costs. To retain efficient and experienced workforce in an organization is very crucial in overall performance of an organization. The employees can make an organization competitively more value added and profitable. In an organization people are very important. They can be the resource or they can be the burden. People can be of great advantage for some organizations if they are adequately motivated through reward and recognition but before this can work out, the management must analyze the perception, attitude and thinking of the people of the organization to avoid a mismatch. Hence this study tries to identify the employees reward and recognition. The objectives are to study the Reward and Recognition program among the employees at Dharani sugars and chemicals Ltd., Chennai and to identify the factors which motivate the employees to perform to the fullest extent of the capabilities. Descriptive research study has been used for this study. The researcher selected 120 respondents as the sample size. Convenience sampling technique for this study has been adopted. The researcher used well-structured questionnaires as the primary data, which contained open ended and closed ended questions. The researcher also used secondary data for the study was collected from books, company websites, magazines and other sources. The statistical tools applied by the researcher for the analysis of the data are Percentage analysis, Chi – square test, ANOVA, and Independent T Test. The study covers only the employees in Dharani sugars and chemicals Ltd., Chennai. It will enable to build an effective employee reward and recognition strategy by the organization.
Comments
No have any comment !