A Study On Implementing Reward Strategy For Improving Employee Performance Within Paper Industry

Abstract

In this day of intense global competition, a company's ability to attract and keep talented employees is crucial to its success. Motivating workers is essential for optimising their use. To maintain employee interest and enthusiasm for the organization's goals, managers must provide creative solutions. The main data was collected with the help of 275 participants using a questionnaire survey. According to the study, the majority of respondents are happy with how successfully the compensation system impacts employee performance. The study's significance comes in the fact that it adds to our knowledge of the function of incentive strategy in organisations, which in turn paves the way for better methods of encouraging workers to raise output and quality.