Perspectives on Business Management, Economics & Information Technology (PBMEIT) Now also covers research on Psychology

PBME Volume IV ISBN: 978-81-951151-2-9

A STUDY ON MONETARY MOTIVATION FACTORS AND ITS IMPACT ON JOB SATISFACTION

Author(s): RASHMI S.B.

Abstract

Every individual need motivation to do work or to perform well in his or her life. In an organization it’s an essential tool for the management to have a higher productivity and job satisfaction, because if employee is satisfied, he can do the wonders in the organization. The approach of motivation is some kind of reward like salary, promotion, bonus, having good relationship with the co-workers, empowerment etc. it is one of the diving forces which human achieve their goals. There are no single factors which motivate the employees and leads to performance. So, this study is conducted to analyze the various monetary motivational factors which leads to job satisfaction and also to know the perception of employees towards the factors of motivation in Real Estates in Shimoga. The study is done by considering primary and secondary data. Secondary data is collected from various journals and the published sources over the online platforms and trusted web sources and primary data from distributing a questionnaire to 50 respondents. The study reveals that still salary is the key monetary motivation factor followed by promotion and medical allowance which leads towards organizational performance.

Keywords: motivation, monetary motivation factor, job satisfaction, organizational performance

JEL Classification: M1

Download Full Paper (PDF)

© 2020-2024 Perspectives on Business Management & Economics (PBME)