Employee Motivation

  Blog 01 Impact OF Financial AND NON-Financial Rewards ON Employee Motivation It is widely debated that the pivotal function of Human resource management is to implement practices that enhance the satisfaction of employees with their jobs. Employees expect financial and non-financial rewards for their services and efforts. In the absence of equitable pay, training, and development opportunities and recognition, employees get dissatisfied and do not perform to the standards. The dissatisfaction resulting from the unavailability of financial and non-financial rewards usually leads to high employee turnover and poor performance. The benefits that employee foresee for themselves and their families motivates the employees to give their best  (Shoemaker, 2020) . The Rewards are categorized into two groups financial and non-financial rewards. The financial rewards are also called extrinsic rewards and non-financial rewards are called intrinsic rewards. The financial rewards inclu...