Model of incentive system for employees: A case of a manufacturing company in Croatia

South African Journal of Business Management

 
 
Field Value
 
Title Model of incentive system for employees: A case of a manufacturing company in Croatia
 
Creator Jakovljevic, Maria Zupan, Jelena Coleman, Alfred
 
Subject — motivation; management satisfaction; incentive model; incentive system; organisational climate
Description Background: One of the main determinants of a company’s business performance is the complete mobility and orientation of its employees towards realising the goals of the company. No single aspect of the company has such a powerful, and simultaneously, invisible influence on the behaviour and feelings of its employees as the organisational climate. Organisational learning creates a climate that encourages employees to learn and to develop their potential.Objectives: The aim of this study is to investigate the incentives and the factors of an organisational climate required to develop a model of an incentive system to motivate employees to work better.Method: A quantitative research methodology was used and data was collected by using a closed-ended type of questionnaire. Data was analysed using descriptive and inferential statistics.Results: The results show that the employees would prefer more incentives, and the factors of a positive organisational climate were far lower than expected by its employees and even lower than what they considered to be essential in order to perform their jobs effectively and to contribute to achieving company objectives.Conclusion: Incentive systems are crucial to employees and the organisational climate and employee satisfaction should be constantly monitored and empowered through an integrated model of incentive system.
 
Publisher AOSIS
 
Contributor
Date 2018-09-27
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format text/html application/epub+zip application/xml application/pdf
Identifier 10.4102/sajbm.v49i1.191
 
Source South African Journal of Business Management; Vol 49, No 1 (2018); 10 pages 2078-5976 2078-5585
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajbm.org/index.php/sajbm/article/view/191/382 https://sajbm.org/index.php/sajbm/article/view/191/384 https://sajbm.org/index.php/sajbm/article/view/191/383 https://sajbm.org/index.php/sajbm/article/view/191/385
 
Coverage — — —
Rights Copyright (c) 2018 Maria Jakovljevic https://creativecommons.org/licenses/by/4.0
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