Impact of Rewards on Employee Motivation and Organisational Dissertation

Impact of Rewards on Employee Motivation and Organisational Performance - Dissertation Example This research will begin with the statement that majority of the studies on the links between reward, motivation and performance are conducted in Western organizational context, so additional studies in Middle Eastern settings are needed to determine differences and similarities across cultures.   There is also a gap in literature regarding the connection between Saudisation policies and private-firm human resource practices. This dissertation aims to identify the drivers of motivation for Saudi nationals in Banque Saudi Fransi (BSF), to assess the impacts of various financial and non-financial rewards on sustaining high motivational levels within varied categories of employees such as workers,   to understand the contribution of employees’ motivational levels on individual and organizational performance, and to examine if incentive preferences differ by duration of employment, age, educational attainment, gender, job type, and social class. The research used survey resear ch design and weighted average charts to analyze results. Findings showed that financial incentives significantly drive performance and motivation more than non-financial incentives, but non-financial incentives are still important to motivation. Saudi culture, duration of employment, job type and social class greatly affected motivation differences than other factors too, while future studies should consider how sector and organizational culture interact with national culture to shape motivation and performance.... Saudi culture, duration of employment, job type and social class greatly affected motivation differences than other factors too, while future studies should consider how sector and organisational culture interact with national culture to shape motivation and performance. Implications for Saudisation of workforce and recommendations to BSF and the government are provided. ACKNOWLEDGEMENT First of all, I want to thank God for His blessings in my life. I dedicate this paper to our Creator who makes all things possible. Next, I thank my mother for her enduring support and my late father for being my running inspiration and for his guidance. I want to show appreciation to my supervisor for his help, support, and patientguidance. He has provided invaluable knowledge and assistance that enabled me to complete this dissertation. Finally, I would also like to express gratitude to the management and employees of Banque Saudi Fransi (BSF). They have opened both their doors and minds by particip ating in this research and they deserve heartfelt thanks. Table of Contents Impact of Financial and Non-financial Rewards on Employee Motivation and Organisational Performance of Saudi Nationals in i Banque Saudi Fransi (BSF) i DECLARATION 1 CERTIFICATION STATEMENT 2 ABSTRACT 2 ACKNOWLEDGEMENT 3 Table of Contents 4 LIST OF ILLUSTRATIONS AND TABLES 8 CHAPTER 1: INTRODUCTION 9 1.1 Saudisation and HR in the Middle East 9 1.2 Motivation and Performance 11 1.3 Incentives, Motivation, and Performance 11 1.3.1 Financial incentives and performance 12 1.3.2 Non-financial incentives and performance 13 1.4 Problem Statement 13 1.4.1 Banque Saudi Fransi (BSF) 13 1.5 Research questions, aims, and objectives 14 1.6 Summary 15 CHAPTER 2: LITERATURE