Conducted by PIT
, Started on 2023 -
Completed on 2024
Completed
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Incentives is a reward given to employees to motivate them, so that they
work more efficiently and effectively. It can be in the form of financial or non-
financial. Moreover, for a company to succeed, performance is crucial as well.
When employees felt that their efforts are fully acknowledged and
compensated, they perform at their highest level. The purpose of this research
is to determine the influence of incentives and identifying the types of
incentives used by employers in the motorcycle industry whether this
significantly influences employee’s performance and firm’s performance. The
study is a survey in which data were collected from the targeted population. It
is descriptive in the sense that it investigates the respondents’ perception
regarding the influence of incentives on employee performance. The results
showed that the company used financial and non-financial incentives to
improve the performance of their employees. However, it is important to
note that financial or non-financial types are not sufficient to motivate
employees to attain best performance level. Employers should implement a
combination of both types of incentives to get the best out of their employees.
It concluded that incentives play a major role in enhancing performance in an
organization. The results showed that both financial and non-financial
incentives are used and perceived to influence employees’ performance in
a company. Incentive can be regarded as the fundamental expression of the
employment relationship, commitment, engagement, satisfaction and
company performance development. As such, it should be sustained.