TO STUDY THE IMPACT OF MONETARY AND NON-MONETARY FACTORS ON EMPLOYEE ENGAGEMENT IN IT SECTOR
Keywords:
Monetary and Non-Monetary factors, Employee Engagement, IT sectorAbstract
The purpose of the paper is to find out whether both monetary and non-monetary factors are equally influential when it comes to employee engagement. The study has been carried out on employees of IT sector. Both primary and secondary data has been used to carry out the research. Statistical techniques are used to analyze the data. This study explores the importance of monetary and non-monetary factors (rewards) for development of employee
engagement. It is clear from the research study that encouragement and appraisal or reward system for the employees resulted in higher engagement which ultimately leads to higher employee retention rates, productivity, and job satisfaction.
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