A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation
Under modern conditions, human resources and their motivation to work are an essential component of the success of enterprises operating in a changing and global competitive environment. It is because of the interest of the company’s employees in the results of their work, provided that appropriate...
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| Format: | Article |
| Language: | English |
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The Academic Research and Publishing UG (i. G.) (AR&P) LLC
2020-09-01
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| Series: | SocioEconomic Challenges |
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| Online Access: | https://armgpublishing.com/wp-content/uploads/2020/10/9-1.pdf |
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| author | Md Zahid Al Mamun Md Yusuf Hossein Khan |
| author_facet | Md Zahid Al Mamun Md Yusuf Hossein Khan |
| author_sort | Md Zahid Al Mamun |
| collection | DOAJ |
| description | Under modern conditions, human resources and their motivation to work are an essential component of the success of enterprises operating in a changing and global competitive environment. It is because of the interest of the company’s employees in the results of their work, provided that appropriate working conditions are created, it is possible to increase labor productivity, as well as improve the economic and financial performance of the company. The purpose of the article is to identify the factors that affect the efficiency of the company’s employees and encourage them to work. The results of systematization of scientific research have shown that high staff productivity is not possible without a system of rewards and motivation. The study of improving the efficiency of employees in the article is carried out in the following logical sequence: analyzed modern views on personnel management, studied the relationship between the structural elements of personnel management policy: efficiency, remuneration and motivation, developed a mechanism for managing staff efficiency. The methodological basis of this study is qualitative methods, which allowed to gain a deeper knowledge of the behavior of employees. Recommendations for building a system of personnel efficiency management are offered, which will allow to retain employees, increase labor potential, as well as improve the efficiency of the whole business. Emphasis is placed on the need to introduce not only material rewards, but also to take into account other components in building the company’s personnel policy: a favorable corporate environment, quality communication between employees and management, implementation of coaching, rational division of responsibilities between employees, participation in management decisions. The obtained results have practical significance and can be useful for the top management of the company in the context of strategic personnel management. |
| format | Article |
| id | doaj-art-e182d5927c72472099998e7ea9ccca36 |
| institution | DOAJ |
| issn | 2520-6621 2520-6214 |
| language | English |
| publishDate | 2020-09-01 |
| publisher | The Academic Research and Publishing UG (i. G.) (AR&P) LLC |
| record_format | Article |
| series | SocioEconomic Challenges |
| spelling | doaj-art-e182d5927c72472099998e7ea9ccca362025-08-20T03:13:11ZengThe Academic Research and Publishing UG (i. G.) (AR&P) LLCSocioEconomic Challenges2520-66212520-62142020-09-014311312410.21272/sec.4(3).113-124.2020A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within OrganisationMd Zahid Al Mamun0https://orcid.org/0000-0002-7761-1796Md Yusuf Hossein Khan1https://orcid.org/0000-0002-5981-8849MBA, Independent Human Resource Management Advisor, Member of The Association of Business Executive-ABE, BangladeshPh.D. Researcher in Tourism, University of Algarve, Faro, Portugal; Assistant Professor, College of Tourism and Hospitality Management, IUBAT ‒ International University of Business Agriculture and Technology Dhaka, BangladeshUnder modern conditions, human resources and their motivation to work are an essential component of the success of enterprises operating in a changing and global competitive environment. It is because of the interest of the company’s employees in the results of their work, provided that appropriate working conditions are created, it is possible to increase labor productivity, as well as improve the economic and financial performance of the company. The purpose of the article is to identify the factors that affect the efficiency of the company’s employees and encourage them to work. The results of systematization of scientific research have shown that high staff productivity is not possible without a system of rewards and motivation. The study of improving the efficiency of employees in the article is carried out in the following logical sequence: analyzed modern views on personnel management, studied the relationship between the structural elements of personnel management policy: efficiency, remuneration and motivation, developed a mechanism for managing staff efficiency. The methodological basis of this study is qualitative methods, which allowed to gain a deeper knowledge of the behavior of employees. Recommendations for building a system of personnel efficiency management are offered, which will allow to retain employees, increase labor potential, as well as improve the efficiency of the whole business. Emphasis is placed on the need to introduce not only material rewards, but also to take into account other components in building the company’s personnel policy: a favorable corporate environment, quality communication between employees and management, implementation of coaching, rational division of responsibilities between employees, participation in management decisions. The obtained results have practical significance and can be useful for the top management of the company in the context of strategic personnel management.https://armgpublishing.com/wp-content/uploads/2020/10/9-1.pdfemployee performancehuman resource managementmotivationorganizationrewards |
| spellingShingle | Md Zahid Al Mamun Md Yusuf Hossein Khan A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation SocioEconomic Challenges employee performance human resource management motivation organization rewards |
| title | A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation |
| title_full | A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation |
| title_fullStr | A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation |
| title_full_unstemmed | A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation |
| title_short | A Theoretical Study On Factors Influencing Employees Performance, Rewards And Motivation Within Organisation |
| title_sort | theoretical study on factors influencing employees performance rewards and motivation within organisation |
| topic | employee performance human resource management motivation organization rewards |
| url | https://armgpublishing.com/wp-content/uploads/2020/10/9-1.pdf |
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