The purpose of this research is to explore the most effective and best rewards to get the maximum performance from the employees’ working in ABC in London. Extensive research will be conducted to determine the motivational rewards types to boost up the motivation of employees at work. Further to identification of major reward types; the advantages and disadvantages of each reward type will be highlighted to understand the rewards in broader spectrum.
The purpose of this research is to determine the best motivational reward which can help in boosting the employees’ performance to another level. The data can be collected either through primary data or by secondary data; combination of both data types are usually adopted to conduct an extensive research. The most effective and best reward type which helps to motivate the employees will be discussed in literature review (secondary data). Also the limitations related to each motivational reward type affecting the employees’ motivation will also be discussed in the literature review of the research. Once the data is collected through secondary means; the next step is to determine the problems prevailing at ABC which are limitations in motivating the employees to perform well.
Once data from both means (primary and secondary); the information will then be evaluated which will help in understanding the motivational factor and the reward to motivate employees at ABC. The outcome of this research will facilitate in recommending which reward effective for motivating the employees based on the analysis of data. The main objectives and questions of research are listed below.
Contents
Chapter: 1
Research Introduction
1.0 Research Background
1.1 Objectives of research
1.2 Question of research
Research questions in detail
1.3 Rational Study
1.4 About ABC
Chapter 2
Review of Literature
2.0. Introduction
2.1. Relationship between Rewards and Employees’ Motivation
2.2 Theories of classical motivation
2.2.1 Maslow’s theory of needs
2.2.2 Theory of extending drive
2.2.3 Theory of self - identification
2.2.4 Herzberg’s theory of two factors.
Herzberg theory of two factors and its significance
Importance of Herzberg theory in this research study
2.3 Rewards of extrinsic nature
2.4 Rewards intrinsic in nature
2.5 Impact of extrinsic rewards on performance of employees
2.5.1 Impact of money on employee performance
2.5.2 Impact of relationships at work on employees’ perform
2.5.3 Job security on the performance of employees
2.5.4 Impact of working environment on the performance of employee
2.5.5 Impact of empowerment on performance of employees
2.6 Intrinsic motivation and its impact on the performance of employees
2.6.1. Impacting of interesting tasks on the performance of employees
2.6.2. Opportunities of development of career and personal growth
2.6.3. Training facilities and opportunities of skill development
2.6.4. Sense of recognition
2.7 Literature tells us what?
2.7.1. Money and issues related with money
2.7.2. Factors of utmost importance
2.7.3. Inter – relation of intrinsic rewards and extrinsic rewards
2.7.4. Significant reward for performance of employee
Chapter 3
Methodology of Research
3.0. Introduction to research methodology
3.1. Research philosophy
Social constructionism
3.2. Research approach
Why to adopt inductive approach?
3.3. Research strategy
Why on should proceed with survey strategy?
3.4. Primary data
What is primary data?
Why Primary data is collected?
Sample size
3.5. Secondary data
What does secondary data means?
Why secondary data should be used
3.6. Research ethics
Ethics followed for this study
3.7. Study limitations
Chapter: 4
Data Analysis
4.0 Introduction
4.1 Responder common characteristics
4.2 Analysis of different Rewards
4.2.1 Analysis of Extrinsic Rewards
Money
Relation on workplace
Physical working environment
Job security
Empowerment
4.2.2 Analysis of Intrinsic Rewards
Interesting task
Personal growth
Skill development
Recognition
4.3 Analysis of Some Important Required Rewards at Select Company Workplace
4.3.1 Financial Rewards
4.3.2 Physical work environment
4.3.3 Relation on work
4.3.4 Personal growth
4.3.5 Self respect
4.3.6 Skill development
4.4 Data analysis findings
4.4.1 Reward kinds
4.4.2 Problems related with extrinsic rewards
4.4.3 Intrinsic rewards’ impacts
4.4.4 Rewards considered suitable for Author House
4.4.5 Intrinsic Vs Extrinsic
CHAPTER NO. 5
Conclusion and Recommendation
Conclusion
5.1 Necessary rewards
5.2 Money Problems
5.3 Rewards supportive in nature
Empowerment
Recognition
Friendly working environment
5.4 Intrinsic and Extrinsic combination
5.5 Recommendations
Research Objectives & Key Topics
The primary research objective is to identify the most appropriate reward system for the ABC care house in the UK to improve employee performance, by evaluating the effectiveness and impact of both extrinsic and intrinsic reward types.
- Comparison of intrinsic vs. extrinsic reward systems
- Evaluation of monetary vs. non-monetary motivational factors
- Impact of workplace environment and job security on productivity
- Importance of skill development and career growth opportunities
- Development of a combined, effective reward framework
Excerpt from the Book
1.0 Research Background
The purpose of this research is to explore the most effective and best rewards to get the maximum performance from the employees’ working in ABC in London. Extensive research will be conducted to determine the motivational rewards types to boost up the motivation of employees at work. Further to identification of major reward types; the advantages and disadvantages of each reward type will be highlighted to understand the rewards in broader spectrum. The purpose of this research is to determine the best motivational reward which can help in boosting the employees’ performance to another level. The data can be collected either through primary data or by secondary data; combination of both data types are usually adopted to conduct an extensive research. The most effective and best reward type which helps to motivate the employees will be discussed in literature review (secondary data). Also the limitations related to each motivational reward type affecting the employees’ motivation will also be discussed in the literature review of the research. Once the data is collected through secondary means; the next step is to determine the problems prevailing at ABC which are limitations in motivating the employees to perform well. Once data from both means (primary and secondary); the information will then be evaluated which will help in understanding the motivational factor and the reward to motivate employees at ABC. The outcome of this research will facilitate in recommending which reward effective for motivating the employees based on the analysis of data. The main objectives and questions of research are listed below.
Summary of Chapters
Chapter: 1: This chapter introduces the research background, defines the specific objectives, and outlines the research questions regarding motivational reward systems at ABC.
Chapter 2: This chapter provides a comprehensive review of existing literature, discussing various motivational theories and the impact of intrinsic and extrinsic rewards on employee performance.
Chapter 3: This chapter details the research methodology, explaining the choice of social constructionism as a philosophy, the inductive research approach, and the survey strategy used for data collection.
Chapter 4: This chapter presents the data analysis, examining the results from employee questionnaires concerning different types of rewards and their impact on motivation.
CHAPTER NO. 5: This final chapter summarizes the research findings, draws conclusions, and provides specific recommendations for an effective reward approach at ABC.
Keywords
Employee performance, ABC House, Extrinsic rewards, Intrinsic rewards, Motivational theories, Job security, Workplace environment, Empowerment, Skill development, Career growth, Recognition, Herzberg two-factor theory, Maslow's theory, Employee motivation, Reward management
Frequently Asked Questions
What is the core focus of this research study?
The study primarily focuses on identifying the most effective reward system to boost employee performance at ABC house in the UK, evaluating the balance between intrinsic and extrinsic motivational factors.
Which reward categories are central to the analysis?
The research evaluates extrinsic rewards, such as financial incentives, job security, and working environment, alongside intrinsic rewards, including career development, empowerment, and task interest.
What is the ultimate goal of the research?
The goal is to determine the best-suited reward approach that can motivate employees at ABC to maximize their performance while addressing prevailing organizational challenges.
Which methodology was chosen for this study?
The study employs an inductive research approach, utilizing a survey strategy to collect primary data from employees and combining it with extensive secondary literature review.
What topics are discussed in the main analysis?
The main part of the work evaluates specific rewards like salary, workplace relationships, physical environment, empowerment, and skill development, testing their impact through primary data gathered from ABC employees.
What keywords characterize this research?
Key terms include employee performance, extrinsic and intrinsic rewards, motivational theories, job security, empowerment, and reward management within the specific context of ABC.
How does Herzberg's theory influence the findings?
Herzberg's two-factor theory provides the framework for distinguishing between 'hygiene' factors (extrinsic) and 'motivational' factors (intrinsic), which is then applied to categorize rewards for the company.
What is the key conclusion regarding monetary rewards?
The study concludes that while money is essential to meet basic needs and initial motivation, it is less effective in the long term and can even have negative effects if the assigned tasks are already intrinsically interesting.
- Quote paper
- Muhammad Naeem (Author), 2014, Analysis of different rewards at ABC House to improve employee’s performance, Munich, GRIN Verlag, https://www.grin.com/document/307558
