Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance

This research studies the influence of both monetary and non-monetary rewards on employee performance in Malaysia. Even though, monetary and non-monetary rewards like salaries, and bonuses has a vital role in satisfying extrinsic needs, they may not necessarily provide long-term employee motivatio...

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Main Author: Geetha Kaurr Chandi, Stevender Singh
Format: Final Year Project / Dissertation / Thesis
Published: 2025
Subjects:
Online Access:http://eprints.utar.edu.my/6833/1/1903179_Geetha_Kaurr_Chandi_Stevender_Singh_GEETHA_KAURR_CHANDI.pdf
http://eprints.utar.edu.my/6833/
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author Geetha Kaurr Chandi, Stevender Singh
author_facet Geetha Kaurr Chandi, Stevender Singh
author_sort Geetha Kaurr Chandi, Stevender Singh
building UTAR Library
collection Institutional Repository
content_provider Universiti Tunku Abdul Rahman
content_source UTAR Institutional Repository
continent Asia
country Malaysia
description This research studies the influence of both monetary and non-monetary rewards on employee performance in Malaysia. Even though, monetary and non-monetary rewards like salaries, and bonuses has a vital role in satisfying extrinsic needs, they may not necessarily provide long-term employee motivation which leads to favourable performance. In contrast, non-monetary incentives, which encompass recognition and flexible working hours, satisfy intrinsic needs and enhance job satisfaction, employee retention, and productivity. Employing Herzberg’s Two-Factor Theory as a conceptual framework, this study highlights deficiencies within current reward systems, especially concerning the application of flexible working hours. The method of research adopted was quantitative by collecting data with the use of strategically developed questionnaires which was later on circulated across carious sectors in Malaysia. This research also employs descriptive statistical methods, along regression analyses, to investigate the relationship between the independent variables that are salaries, bonuses, recognition, and flexible working hours and dependent variable which is employee performance. Furthermore, this research intends to raise the issue of deficiency in current literature by highlighting a gap that is the significance of flexible working hours as a unique form of reward. Upon the adoption of these findings with the application of Herzberg’s theoretical framework, this study can contribute significantly by providing insights for employers today to come up with a comprehensive reward system that harmonize employee satisfaction with organizational objectives. Key Words; Employee, Performance, Salaries, Bonuses, Recognition
format Final Year Project / Dissertation / Thesis
id my-utar-eprints.6833
institution Universiti Tunku Abdul Rahman
publishDate 2025
record_format eprints
spelling my-utar-eprints.68332025-11-25T09:40:43Z Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance Geetha Kaurr Chandi, Stevender Singh H Social Sciences (General) HM Sociology This research studies the influence of both monetary and non-monetary rewards on employee performance in Malaysia. Even though, monetary and non-monetary rewards like salaries, and bonuses has a vital role in satisfying extrinsic needs, they may not necessarily provide long-term employee motivation which leads to favourable performance. In contrast, non-monetary incentives, which encompass recognition and flexible working hours, satisfy intrinsic needs and enhance job satisfaction, employee retention, and productivity. Employing Herzberg’s Two-Factor Theory as a conceptual framework, this study highlights deficiencies within current reward systems, especially concerning the application of flexible working hours. The method of research adopted was quantitative by collecting data with the use of strategically developed questionnaires which was later on circulated across carious sectors in Malaysia. This research also employs descriptive statistical methods, along regression analyses, to investigate the relationship between the independent variables that are salaries, bonuses, recognition, and flexible working hours and dependent variable which is employee performance. Furthermore, this research intends to raise the issue of deficiency in current literature by highlighting a gap that is the significance of flexible working hours as a unique form of reward. Upon the adoption of these findings with the application of Herzberg’s theoretical framework, this study can contribute significantly by providing insights for employers today to come up with a comprehensive reward system that harmonize employee satisfaction with organizational objectives. Key Words; Employee, Performance, Salaries, Bonuses, Recognition 2025 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/6833/1/1903179_Geetha_Kaurr_Chandi_Stevender_Singh_GEETHA_KAURR_CHANDI.pdf Geetha Kaurr Chandi, Stevender Singh (2025) Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance. Final Year Project, UTAR. http://eprints.utar.edu.my/6833/
spellingShingle H Social Sciences (General)
HM Sociology
Geetha Kaurr Chandi, Stevender Singh
Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title_full Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title_fullStr Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title_full_unstemmed Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title_short Evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
title_sort evaluating the influence of monetary and non-monetary rewards in enhancing employee performance
topic H Social Sciences (General)
HM Sociology
url http://eprints.utar.edu.my/6833/1/1903179_Geetha_Kaurr_Chandi_Stevender_Singh_GEETHA_KAURR_CHANDI.pdf
http://eprints.utar.edu.my/6833/
url_provider http://eprints.utar.edu.my