Examples of Rewards |
Effects of Rewards |
Sample of Studies |
Cash bonus |
Employees are consistently present at the work place, achieve the set target, produce quality work and are more productive |
68 informants from Kenya Power and Lighting Company Ltd, Kenya (Njanja, Maina, Kibet, & Njagi, 2013). |
Financial incentives, opportunities for advancement on the job, end of year bonus |
Increased motivation and performance of employees |
45 informants from Yola Electricity Disribution Company, Nigeria (Achie & Kurah, 2016). |
High salary, bonuses, allowances, health insurance |
Financial rewards increase work performance and non-financial rewards increase the morale of employees |
25 informants from Astro Films Plastiflex (PVT), Lahore, Pakistan (Yousaf, Latif, Aslam, & Saddiqui, 2014). |
Basic salary, performance bonus, recognition, learning opportunity, challenging work and career advancement |
Increased work performance |
180 informants from Commercial Bank of Bangladesh (Aktar, Sachu, & Ali, 2012). |
Salary and promotion |
Increased performance and commitment towards work |
92 informants from The Local Authority of Sarawak, Malaysia (Ismail, Abdullah, Wahid, & Shariff, 2010). |
Bonus, salary, leave, allowances and appreciation |
Employees’ increased level of commitment towards given task |
356 informants from one of the headquarters of public organization at Kuala Lumpur, Malaysia (Yahya, Johari, Adnan, Isa, & Daud, 2008) |
Salary |
Increased in job performance and level of motivation |
104 informants from hospitality industry in Klang Valley, Malaysia (Ng & Arumugam, 2017) |