A Study on How Compensation Affects Employee Motivation at Cavin Kare Retail

This study explores the impact of compensation on employee motivation at CavinKare Retail, focusing on key components such as salary, incentives, benefits, and recognition.Using a descriptive research design and data collected from 100 employees through questionnaires, the study employed chi-square, correlation, and regression analysis to examine the relationship between compensation and factors like job satisfaction and organizational commitment.The findings reveal that while compensation influences motivation to an extent, there is no strong statistical correlation with employee performance or satisfaction alone.The study concludes that a holistic approachcombining fair pay, career development opportunities, and non-monetary rewards-is more effective in enhancing employee engagement and reducing turnover.

Authors

Publication Details

Journal
International Research Journal of Education and Technology (IRJET).
Published
2024-11-29
DOI
https://doi.org/10.70127/irjedt.vol.8.issue04.792
Primary Topic
Organizational and Employee Performance
Type
article
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article

A Study on How Compensation Affects Employee Motivation at Cavin Kare Retail

MANAS KRISHNA M
International Research Journal of Education and Technology (IRJET).
Organizational and Employee Performance
article

A Study on How Compensation Affects Employee Motivation at Cavin Kare Retail

MANAS KRISHNA M
article en

Abstract

This study explores the impact of compensation on employee motivation at CavinKare Retail, focusing on key components such as salary, incentives, benefits, and recognition.Using a descriptive research design and data collected from 100 employees through questionnaires, the study employed chi-square, correlation, and regression analysis to examine the relationship between compensation and factors like job satisfaction and organizational commitment.The findings reveal that while compensation influences motivation to an extent, there is no strong statistical correlation with employee performance or satisfaction alone.The study concludes that a holistic approachcombining fair pay, career development opportunities, and non-monetary rewards-is more effective in enhancing employee engagement and reducing turnover.

International Research Journal of Education and Technology (IRJET).Vol. 6(11)
Decent work and economic growth
Openalex Percentile: Top 73%
Organizational and Employee Performance
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