Reward and Recognition Impact on Job Satisfaction and Performance in retail sector: an Empirical Study from Andhra and Telangana

Abstract

Today's business environment facing many issues regarding employee's job satisfaction and employee's performance. Human resources focusing more on increasing satisfaction and performance of employees by using Rewards as a motivational factor. Rewards and recognition has more impact on employees. Many studies are concluded in past analyzed the impact of rewards and recognition. This study analyzes the effect of employee rewards and recognition on job satisfaction. Total 225 responses collected from two different Retail sectors (D Mart & Big Bazaar)Survey responses from D Mart (n = 145)and Big Bazaar (n = 80)in Telangana and Andhra. Motivated employee performs more effectively it helps to more productivity and organizational profits. The study examines that rewards and recognitions had a positive impact on job satisfaction and performance of the employees in retail sector. In this study we used five point like rt scale for measuring of responses.