Impact Of Financial Rewards On Employee’s Motivation And Satisfaction In Pharmaceutical Industry, Pakistan

Abstract

Employees are considered as the human capital of any organization. If employees are motivated and satisfied they will perform their duties diligently and actively. In this research article, data of 186 employees working in Pharmaceutical industry is analyzed. The results indicated gender-wise and age-wise comparison of motivation and satisfaction of employees with respect to salary and position. Hypotheses developed to find relationship between financial rewards, motivation and satisfaction of employees. A positive relationship found between financial rewards, motivation and satisfaction. Overall results indicate employees working in Pharmaceutical industry are being offered good financial rewards. They are motivation in performing their duties and satisfied with their salary and job position.

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