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Impact of financial and non-financial incentives on employee performance

Mahinder Singh, Harcharanjit Singh and Jamil, Rossilah and Baroto, Mas Bambang and Md. Husin, Maizaitulaidawati and Boyi, Yu and Singh, Sukmindar (2017) Impact of financial and non-financial incentives on employee performance. Advanced Science Letters, 23 (1). pp. 146-150. ISSN 1936-6612

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Official URL: https://doi.org/10.1166/asl.2017.7181

Abstract

This research examines the impact of financial and non-financial incentives on nurse performance in a private hospital in Singapore. Financial and non-financial incentives play an important role in determining the quality of employee performance. Data was collected from nurses who worked in an operating theater department. The research concludes that financial and non-financial incentives have a strong influence on the respondents’ performance. Therefore, management of the hospital must place a good rewarding system that gives appropriate performance-based incentives. Monetary and non-monetary incentives would result in highly satisfied nurses who would then positively impact the hospital in the long run. The paper ends with a discussion and suggestions for future research.

Item Type:Article
Additional Information:RADIS System Ref No:PB/2016/05386
Uncontrolled Keywords:financial incentives, non-financial incentives
Subjects:H Social Sciences
Divisions:International Business School
ID Code:66466
Deposited By: Fazli Masari
Deposited On:03 Oct 2017 16:20
Last Modified:03 Oct 2017 16:20

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