Employee rewarding and its affect to motivation

Citation

Einesalo, Jonna. (2018). Employee rewarding and its affect on motivation. (Independent study, Master of Business Administration). Bangkok: Siam University.

Abstract

This study was conducted to find out about rewarding systems: intrinsic and extrinsic incentives. The aim of the research was to figure out the extrinsic and intrinsic motivation in certain job position by gathering, comparing and analyzing the relevant information and results.

I chose to do this independent study because I work in the financial industry and my position is the same as the people I interviewed. I am also interested in human resource management and find motivation related to things interesting.

The study consists of four parts: the Literature Review, Methodologies that are used, Facts and Findings that are made using the interview and Conclusions that are found as a result.

The research method is qualitative research. The qualitative method was chosen because in that way it was possible to get information that is based on experience. The aim of the research is to produce knowledge based on experience.

Four people took part in the interview. They are working in a bank in Finland, their title is Service Advisor and they work in different banks. The average age was 25 and the average length of their career is 4 years. All of them was a woman.

There were some similarities to the answers. For example, all of the answerers think that they are not satisfied with their salaries and only sales indicators in their job are the most important factors when considering our performance. Some people are more motivated about extrinsic rewarding than others are. The employer should find a good balance between these two rewarding methods.

Keywords:  Rewarding, Extrinsic, Intrinsic, Motivation, Human Resources.

Employee rewarding and its affect to motivation

International Master in Business Administration (IMBA), Siam University, Bangkok, Thailand

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