International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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EFFECTS OF NON-MONETARY REWARDS ON EMPLOYEE’S MOTIVATION AND RETENTION IN PRIVATE COMPANIES

    1 Author(s):  ARUNA KAPOOR

Vol -  8, Issue- 6 ,         Page(s) : 300 - 315  (2017 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

This study is an investigation of the impact of non-monetary rewards on employee’s motivation and retention in private companies. The main objective is to analyze the effect of non-monetary rewards such as recognition, training, and rewards & incentives on employee’s productivity in an organization. When employees are motivated, they develop the drive to work hard and hence, in turn,the output is increased. Data was collected through primary as well as secondary sources. Primary data was collected using questionnaires from the educated people/ employees of Delhi from a sample size of 60 respondents and analyzed by descriptive analysis.

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