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Publication: IIP Proceedings Year: 2022, Month: November Page No: 50-55, ISSN/ISBN: 978-93-95632-95-9, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023D953F13ED231E2B.pdf
ENHANCING EMPLOYEES’ PERFORMANCE AND THEIR RETENTIONS THROUGH INCENTIVES PROGRAMMES: WITH RESPECT TO HIGHER EDUCATION INSTITUTIONS
Area/Stream: Management, Authors: Rajesh Jain, Dr. Pooja Chaturvedi, Dr. Ravindra Pathak Keywords: Employee performance; incentives programmes; monetary; nonmonetary; retention; higher education institutions; Book Name /series: Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 5Publication: IIP Proceedings Year: 2022, Month: November Page No: 50-55, ISSN/ISBN: 978-93-95632-95-9, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023D953F13ED231E2B.pdf
Abstract:
Effective reward and incentive schemes have become a tool for the work of organizations in the 21st century. Incentive schemes, if properly managed, can benefit many organizations. In this era of globalization, we need incentive schemes to help organizations respond quickly to changes in the environment. This article reviews the literature on the impact of incentive schemes on organizational performance. This article concludes that the success of an organization largely depends on how effective the incentive scheme is. This white paper recommends creating effective incentive schemes to motivate employees because they can increase productivity, responsiveness and efforts to achieve organizational goals.
Cite this: Rajesh Jain, Dr. Pooja Chaturvedi, Dr. Ravindra Pathak,"ENHANCING EMPLOYEES’ PERFORMANCE AND THEIR RETENTIONS THROUGH INCENTIVES PROGRAMMES: WITH RESPECT TO HIGHER EDUCATION INSTITUTIONS", Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 5, November, 2022, 50-55, 978-93-95632-95-9, https://www.rsquarel.org/assets/docupload/rsl2023D953F13ED231E2B.pdf
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