REWARD SYSTEM

“How Effective Reward System Enables (Bestway) To Determine Full Potential Of Employees At Work? A Case Study on Bestway Group”

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ACKNOWLEDGEMENT

The researcher tends to identify this as the opportunity to value the efforts of the teachers for cultivating the ideas and formulating the first move in the context of this project. Their conduct during the entire course has been commendable. The researcher would take this opportunity to appreciate the hard work and the patience shown by the staff members for providing the world class teaching and research facility as this project would have ceased to exist without their due support.

DECLARATION

I (Type your name) substantiate that this research work acquiesced for evaluation is my own and is a construction of my words. Any part of this paper which tends to integrate the works of other authors in any comportment (e.g. ideas, equations, figures, text, tables, and programs) has been properly accredited.

Signed……………………………………………………………..

Date………………………………………………………………..

Table of Contents

ACKNOWLEDGEMENTii

DECLARATIONiii

CHAPTER 1: INTRODUCTION1

Background of the Problem1

Research Questions3

Dependent and Independent Variables3

Significance of the Study4

Limitations of Study5

CHAPTER 2: LITERATURE REVIEW6

Reward System6

Gain Sharing with Employees7

Labour Productivity8

Monitoring Costs9

Wage Flexibility9

Employee Growth Plan10

Employee Compensation10

Involving Employee12

Summary12

CHAPTER 3: METHDOLOGY14

Introduction14

Research Method and Design Appropriateness14

Value judgments14

Level of Knowledge about Problem15

Personal Interest15

Secondary Research Nomenclature15

Data Collection Method17

Quality and Verification18

Data Analysis Procedure19

Ethical Consideration20

CHAPTER 4: FINDINGS23

Introduction23

Findings23

Best Way's Model23

Best Talent24

Wage25

CHAPTER 5: CONCLUSION27

Future Steps27

Summary28

REFERENCES29

QUESTIONNAIRE34

GANTT CHART36

CHAPTER 1: INTRODUCTION

This chapter of the research tends to develop an understanding and identify the reasons for conducting a research onto the identified topic. In order to understand the dynamics of the subject, this chapter would also inject different elements related to reward management system in the modern world. The nomenclature of this chapter tends to stand on the bricks of rationale behind the research, research questions, dependent and independent variables, significance of study and limitations of study. This chapter not only in this research tends to be of vital importance but in any other research it tends to hold its significant ground, based on the fact that it serves acts as the face of the research. The reader will be able to gauge the understanding of the subject through this chapter. The understanding injected in the mind of the reader in this chapter will allow him or her to further understand the related notions associated with the subject.

Background of the Problem

Motivation is the process of regulating human behavior so that you can achieve the same result. It regulates and actuating mechanism of a person's behavior. This state of inner tension seeking to act in a specific direction, with the unconscious nature. The essence of motivation is the pairing of subjective aspirations of employees with the process of implementation of tasks of the organization. Motivation is the driving force behind every action. Human beings perform various tasks, but there is a driving force behind every task they perform. They should be motivated in order to perform their task in the best possible manner. Motivation plays a prominent role in outstanding performance. This performance can be in academics, work, house etc. All performances, whether small or big, require motivation and once ...