Impact of Rewards on Employee Performance: A study of Pharmaceutical Companies
Keywords:
Reward, Job performance, Inducement and LoyaltyAbstract
Employee’s performance plays an important role in increasing an overall business objective. If employees are properly rewarded they will perform their duties well and actively. The purpose of this research is to determine the impact of rewards on job performance of pharmaceuticals companies in India and this research also showed the relationship between employee job performance and increased customer relationship and loyalty. Data will be collected by use of questionnaire; it will be given to different levels of the employees in the organization. This study involves descriptive design study. A total number of 120 questionnaires were distributed to employees at two private organizations and a total number of 102 employees completed the questionnaire properly. Result analysis focused on need to motivate employees in pharmaceutical companies so as to improve the job performance.
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