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Role Of Total Reward Systems On Motivating Employee Performance

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Running head: ROLE OF TOTAL REWARD IN MOTIVATING STAFF PERFORMANCE 1

Role of Total Rewards in Motivating Staff Performance

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ROLES OF TOTAL REWARDS IN MOTIVATING STAFF PERFORMANCE 2

Abstract

As a contemporary method of rewarding employees, total reward plan has been

executed and used by more executives and researchers. Like all other important human

resource management techniques, there is need to evaluate the total reward system. These

strategies also need to be put into practice throughout the organization for it to be efficient

and perfect. In this paper, the concept of this reward system, which differs at all times has

been summarised through history and redesigned. Executives and the organization at large

would benefit if they incorporate this strategy well. The strategy will not only motivate

employees but will also make sure that they are dedicated and engaged in the work

environment.

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Running head: ROLE OF TOTAL REWARD IN MOTIVATING STAFF PERFORMANCE 1 Role of Total Rewards in Motivating Staff Performance Name Institution ROLES OF TOTAL REWARDS IN MOTIVATING STAFF PERFORMANCE Abstract As a contemporary method of rewarding employees, total reward plan has been executed and used by more executives and researchers. Like all other important human resource management techniques, there is need to evaluate the total reward system. These strategies also need to be put into practice throughout the organization for it to be efficient and perfect. In this paper, the concept of this reward system, which differs at all times has been summarised through history and redesigned. Executives and the organization at large would benefit if they incorporate this strategy well. The strategy will not only motivate employees but will also make sure that they are dedicated and engaged in the work environment. 2 ROLES OF TOTAL REWARDS IN MOTIVATING STAFF PERFORMANCE 3 Role of Total Rewards in Motivating Staff Performance Introduction Various investigations focus on reward and motivation which is an essential issue of corporations particularly in an uncertain work setting where there are problems of attracting and maintaining staff members with the required talent (Johnson & Cassell, 2001). Contemporary businesses are depending on total rewards mechanisms that comprise of both monetary and non-monetary methods of rewarding employees. It is essential to understand that total ...
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