Association between Reward and Employee Motivation: A Case Study Banking Sector of Pakistan (original) (raw)
2011, SSRN Electronic Journal
This study seeks to association between reward and employee motivation and also identify associations between employee motivation and employee demographics variables like (gender, age, and education and income level and job experience) in banking sector of Pakistan. The study is based on primary data and sample Size (N= 226) consisted of male and female employees of 21 different banks. Primary data collected by structured questionnaire by using sort of different approaches and this study was survey base. Two different hypotheses were developed for the present study and were tested by applying Chi-square Test and binary Regression Test. The result of Chi-square shows that P-value is 0.048 of Chi-square its mean there is association between salary and gender. The correlation between rewards and Employee Motivation is 0.546, which shows the positive relationship between reward and employee motivation. The estimated regression model revealed that when reward is increased by one unit then motivation increased by 0.527 units, so we can say that rewards is directly proportional to employee motivation and employee motivation depends on rewards. The results also showed that salary is a very important factor for employee motivation as compared to other variables like promotion, job security, working condition, appreciation and other benefits.
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