Perceived informal reward system : a case study at a private educational institution in Kuching, Sarawak

The aim of this study is not to proof that money is not an important factor in motivating employees. Rather, it is trying to say that money alone is no longer enough as the push factor to encourage employees to work harder and be loyal to an organization. The study attempts to show that informal rew...

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Bibliographic Details
Main Author: Lu, Jennifer
Format: Thesis
Language:English
Published: 2002
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Online Access:http://ir.unimas.my/id/eprint/434/8/2011-08-thluJfull.pdf
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Summary:The aim of this study is not to proof that money is not an important factor in motivating employees. Rather, it is trying to say that money alone is no longer enough as the push factor to encourage employees to work harder and be loyal to an organization. The study attempts to show that informal reward system is an important factor in complimenting the remuneration package in an organization. Sometimes, a pat on the back is more effective that just yearly bonuses