Please use this identifier to cite or link to this item: https://scholarhub.balamand.edu.lb/handle/uob/5153
Title: How Perceived Reward Systems Affect Employee Performance at Work
Authors: Serhan, Carole 
Wissam Salloum
Nader Abdo
Affiliations: Issam Fares Faculty of Technology 
Keywords: reward systems
Lebanon
Performance
Issue Date: 2021
Publisher: IKSAD (Institute of Economic Development and Social Research Publications)
Part of: International Halich Congress on Multidisciplinary Scientific Research – Proceedings Book. ISBN: 978-625-7464-04-8
Start page: 167
End page: 168
Conference: International Halich Congress on Multidisciplinary Scientific Research, Istanbul, Turkey
Abstract: 
A major challenge for an organization is the ability to retain its employees. A practical method to increase their stay is the use of adequately implemented reward systems.This research seeks to investigate the impact of reward systems on employee performance and analyze how satisfaction with rewards can result in a better working performance in the job environment. A qualitative interview with employees and branch managers from different Lebanese banks is carried out:(1) to get their responses on what they consider the best reward system that motivates them and enhances their performance at work, and (2) to help evaluate the way performance is affected by reward systems and determine the kinds of rewards considered as the most fitting in the Lebanese banking sector. The analysis from empirical findings shows that a fair reward system increases the performance in the banking sector and supports the use of a more comprehensive reward approach responding to employee needs and expectations. These expectations may eventually depend on employees’ values at that specific time of their lives. These findings exhibit the originality of the Lebanese banks’ reward systems and highlight the influence of these systems on the job satisfaction of employees. This is valuable to organizational behavior scholars, banks and practitioners who are interested in the role that rewards systems play in employment behavior.
URI: https://scholarhub.balamand.edu.lb/handle/uob/5153
ISBN: 978-625-7464-04-8
Type: Conference Paper
Appears in Collections:Department of Business Management and Administration

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