An Impact On Employee Satisfaction Through Promotion And Reward Policy

Abstract

Employees of every organization will be continuously working hard and contribute in achieving organization objectives only if they are satisfied well. The general objective of this research is to study the effect of rewards and promotion on employee satisfaction. The specific objectives is to study the behavioral differences between employees who are appreciated and not appreciated to identify the most effective means of rewarding and promotion, to understand the extent to which employees perform, to identify what the effect of motivation is on the individual and to study organizational development if rewards and promotions the result of the emotional conflicts between the employees. Employees of every organization will be continuously working hard and contribute in achieving organization objectives only if they are satisfied well. Quantitative research design has been adopted for this study. The SPSS-23 version is used for data analysis, where different techniques were applied like regression, and correlation. Various employees from the companies are the respondents. This study shows that a wide variety of factors influence employee motivation and satisfaction. It is also important to know that there is a direct and positive relationship between rewards and promotions and job satisfaction and motivation. Therefore, if the rewards and promotions given to the employees are changed, it leads to a corresponding change in work motivation and satisfaction.