International Journal of Small and Medium Enterprises and Business Sustainability
Vol. 4 No. 3 (2019): November

The Impact of Rewards and Intrinsic Motivation on Performance of Employees in the Private Sector in Vietnam.

Thi Huong Mai (University of Labor and Social Affairs Hanoi, Vietnam)
Thi Yen Mai (MB Ageas Life Insurance company limited Hanoi, Vietnam)



Article Info

Publish Date
25 Jun 2024

Abstract

This study intended to evaluate and investigate motivation and its effects on performance of employees comprehensively in the working context. This research was conducted in the private sector in Vietnam through an online survey using a list of structured questionnaire. Data collected from the survey was processed by SPSS statistical analysis software. Data analysis results suggest that two factors tested: rewards and intrinsic motivation, both have significant and positive influences on performance of employees. Moreover, it admits the higher weight of intrinsic motivation out of rewards in the final performance of employees. In practice, the study provides a new approach in the way a reward system designed and how to maintain the motivation of employees. Last but not least, it suggests that motivation of employees should be taken into account when assigning a task or offering a job position.

Copyrights © 2019






Journal Info

Abbrev

ijsmebs

Publisher

Subject

Economics, Econometrics & Finance

Description

Welcome to the International Journal of Small and Medium Enterprises and Business Sustainability published by the Publishing Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. As its primary objective, this double-blind review and online scientific journal is dedicated to ...