The Impact of Rewards on Employee Performance: A Study of Commercial Banks in Noakhali Region | ..

Rewards are rewards received as a result of completing a task, delivering a service, or carrying out a duty.One of the most effective methods for motivating workers in the workplace is rewards.

The incentive system's aim is to produce positive outcomes.

The study's aim was to look at and assess how Bangladesh's banking sector compensation system aids workers in learning new skills.The goal was to determine which aspects of the reward system are the mosteffective and which aspects can be changed and strengthened to boost employee satisfaction. A quantitative analysis approach was used to perform the project's experimental portion.

The sample size was 80 people.Data was gathered using questionnaires distributed to respondents who worked as ban bankers. Employees are rewarded for completing the questionnaire, which contains nine variables. The research used frequency tables and graphs focused on descriptive statistics to include details about the population's variables.The average for salary appraisal, incentive, benefit, advancement, appreciation, employment, and obligation learning opportunity ranges from 2.82 to 4.02.

Employees consider this factor marginally more significant than variables with a mean value greater than 3.5, according to the responses of wage appraisal, benefit, promotion, and career development. The standard deviation of promotion and duty, with values of 0.98 and 0.94, respectively, suggests that these variables have more responses than their mean. The study's findings showed how workers reacted to new incentive programmes. According to the findings, incentive programmes have an important impact on employee attitudes toward work. The study recommended that businesses improve their incentive systems in order to boost employee satisfaction.

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