IMPACT OF MONETARY INCENTIVES ON EMPLOYEE’S MOTIVATION: SHINAS COLLEGE OF TECHNOLOGY, OMAN - A CASE STUDY

International Journal of Management, Innovation & Entrepreneurial Research

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Field Value
 
Title IMPACT OF MONETARY INCENTIVES ON EMPLOYEE’S MOTIVATION: SHINAS COLLEGE OF TECHNOLOGY, OMAN - A CASE STUDY
 
Creator Al-Belushi, Fatma Yousuf
Khan, Firdouse Rahman
 
Subject Employee motivation
monetary incentive
Factors affecting employee motivation
Shinas College of Technology
Impact of monetary incentives
Technical Colleges in Oman
 
Description PURPOSE
The objective of the study is to investigate the impact of monetary incentives on the Shinas College of Technology employees’ motivation; to critically investigate the importance and the value of monetary incentives for the employees and also to critically examine which monetary incentive best suits and motivates the employees of Shinas College of Technology.
METHODOLOGY
The study included samples of 130 employees from all the academic and non-academic staff of the college collected through a well-defined questionnaire. The data collection was done on a simple random sampling basis. 
FINDINGS
The study reveals that the employees of Shinas College of Technology are motivated by salary and on duty allowance rather than the other monetary incentives/benefits.
PRACTICAL IMPLICATIONS
The study demonstrates that the monetary incentives have a direct impact on employees’ motivation and the attractive financial incentive will boost most of them to work hard.
SOCIAL IMPLICATIONS
The management of the selected college of study needs to identify the right kind of monetary incentive to their staff so that the employees will be highly motivated to put their best effort in completing their jobs which might, in turn, increase their loyalty towards the organization and their job satisfaction.
ORIGINALITY/VALUE
No study have examined the impact of monetary incentives and the motivational factors of the employees ever before, and it is a first-hand study of its kind.
RESEARCH LIMITATIONS/IMPLICATIONS
The study was restricted to the employees of the Shinaz College of Technology, Shinaz, Oman. The study could be extended to know the insight of the employees of similar institutions in Oman. 
 
Publisher GIAP Journals
 
Date 2017-04-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
"Peer-reviewed Article", "Non-refereed Book Review", "Invited Commentary'
 
Format application/pdf
 
Identifier https://giapjournals.com/ijmier/article/view/ijmier.2017.311
10.18510/ijmier.2017.311
 
Source International Journal of Management, Innovation & Entrepreneurial Research; Vol. 3 No. 1 (2017); 01-11
2395-7662
 
Language eng
 
Relation https://giapjournals.com/ijmier/article/view/ijmier.2017.311/432
 

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