Abstract
This study aims to examine the impact of monetary and non-monetary rewards on the motivation level of employees. In order to fulfil the requirement, a questionnaire prepared in Google form was circulated. The questionnaire consisted of two sections. The first section pertains to determining the demographic factors of the respondents, and the second section is related to identifying and evaluating the reward preferences of the respondents. The conclusion of the study was that employees are likely to perform more efficiently if they receive monetary rewards for their efforts. However, the benefits achieved through non-monetary rewards are also significant.
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