Impact of Reward and Recognition on Employees Motivation in Banking Sector

Abstract

The purpose of this study was to investigate and analyze how wills the current reward system of banking sector of Pakistan helps to generate employees motivation. The aimed of this study to find out which aspects of the reward and recognition well, and which aspects could be further developed and improved in order to increase employee’s motivation. The theoretical part of this study and introduced different theories of reward and recognition and employee’s motivation in which we emphasis on basic needs of employees according to Maslow’s theory. The data was gathering through questionnaire.  The empirical part of this study was conducted by quantitative approach and we are applying different analyses in this research (descriptive analyses, regression analyses). The results of this study show that positive relationship between reward and recognition and employees motivation.