IMPACT OF ORGANIZATIONAL REWARD SYSTEM ON STAFF PRODUCTIVITY IN BUSINESS ESTABLISHMENT (A CASE STUDY OF ANCHOR INSURANCE COMPANY)

IMPACT OF ORGANIZATIONAL REWARD SYSTEM ON STAFF PRODUCTIVITY IN BUSINESS ESTABLISHMENT (A CASE STUDY OF ANCHOR INSURANCE COMPANY)

TABLE OF CONTENTS

                                                                                               Page

Title page     –         –         –         –         –         –         –         –

Approval page       –         –         –         –         –         –         –

Certification          –         –         –         –         –         –         –

Dedication   –         –         –         –         –         –         –

Acknowledgement –         –         –         –         –         –

Abstract       –         –         –         –         –         –         –         –

List of tables          –         –         –         –         –         –         –

Table of Contents  –         –         –         –         –         –

CHAPTER ONE

 INTRODUCTION

1.1     Background of the Study –         –         –         –         –         –

1.2     Statement of Problem      –         –         –         –

1.3     Objectives of the Study    –         –         –         –

1.4     Research Questions          –         –         –         –         –

1.5     Statement of Hypothesis  –         –         –         –

1.6     Significance of the Study          –         –         –

1.7     Scope of the Study –         –         –         –         –

1.8   Limitations of the Study    –         –         –

1.9     Organization of the Study          –         –         –         –

1.10   Definition of Terms         –         –         –         –         –

CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.1 Preamble

2.2 The Concept of Reward System in organizations

2.3 Theoretical Framework for Reward system

2.5 Importance of Reward systems to organizations

2.6 Impact of Reward systems on productivity of employees

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1     Research Design    –         –         –         –         –         –

3.2     Population of the Study   –         –         –         –         –

3.3     Sample and Sampling Technique         –         –         –

3.4     Instrumentation      –         –         –         –         – –

3.5     Method/Plan for Data Analysis  –         –         –         – –

3.6     Problems of Data Collection      –         –         –         –

CHAPTER FOUR

DATA PRESENTATION, ANALYSIS AND DISCUSSION OF FINDINGS

4.1     Analysis of Research Questions

4.2     Test of Hypothesis

4.3     Discussion of Findings    –         –         –         –         –

CHAPTER FIVE

SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.1     Findings      –         –         –         –         –         –         –

5.2     Conclusion  –         –         –         –         –         –         –

5.3     Recommendations –         –         –         –         –         –

References

Appendix

CHAPTER ONE

INTRODUCTION

1.1 Introduction

Workers in any given organization like to feel appreciated and valued, and one of the ways for an organization to express this to the workers is by having a reward and recognition system (policy). A manager must continuously recognize and reward good performance by giving praise and positive feedback, which works to create enthusiasm. Reward system is an important tool thatmanagement can use to channel employeemotivation in desired ways. In other words,reward systems seek to attract people to join the organization to keep them coming to work, and motivatethem to perform to high levels.The reward systemconsists of all organization components – includingpeople processes rules and decision making activities involved in the allocation of compensation and benefits toemployees in exchange for their contribution to the organization (Mutia and Sikaleih, 2013).

In order for an organization to meet its obligations toshareholders, employees and society, its topmanagement must develop a relationship between theorganization and employees that will fulfill the continuallychanging needs of both parties. At a minimum theorganization expects employees to perform reliably thetasks assigned to them and at the standards set forthem, and to follow the rules that have been establishedto govern the workplace. Management often expectsmore: that employees take initiative, supervisethemselves, continue to learn new skills, and beresponsive to business needs. At a minimum,employees expect their organization to provide fair pay,safe working conditions, and fair treatment. Likemanagement, employees often expect more, dependingon the strength of their needs for security, status,involvement, challenge, power, and responsibility. Justhow ambitious the expectations of each party are, varyfrom organization to organization. For organizations toaddress these expectations an understanding ofemployee motivation is required (Pratheepkanth, 2011).

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IMPACT OF ORGANIZATIONAL REWARD SYSTEM ON STAFF PRODUCTIVITY IN BUSINESS ESTABLISHMENT (A CASE STUDY OF ANCHOR INSURANCE COMPANY)