Abstract
This study explores the relationship between tangible rewards, intangible rewards and organizational commitment with the mediating role of collectivism in the textile sector of Pakistan. In total, 250 questionnaires were distributed. The response rate was 81%. Data were analyzed by using SPSS (20.0) software. Results showed that collectivism was negatively correlated with tangible and intangible rewards and positively correlated with organizational commitment. Further results showed that tangible and intangible rewards had a significant impact on the organizational commitment. Moreover, mediating role of collectivism has also been proved. Theoretical & managerial implications, recommendations and limitations for future research have been discussed.
Highlights
A well-established reward and recognition system is necessary to produce desired level of motivation in the employees
The purpose of this study was to investigate the relationship between the tangible, intangible rewards and organizational commitment as well as to test the mediating role of collectivism between the rewards and organizational commitment
The empirical results supported the relationship between the tangible rewards and organizational commitment
Summary
A well-established reward and recognition system is necessary to produce desired level of motivation in the employees. Both tangible and intangible rewards help an organization to enhance the motivational level of the employees. Intrinsic factors (monitory rewards) like pay, bonuses and promotions have their own importance in motivating the employees. No doubt money is the primary factor in motivation of employees, but on the other hand intrinsic (non-monitory) recognitions like appreciation, simple thank you, delegation of authority, long service certificate, employee of the month/year, use of recreational facilities, an outdoor day, gifts and voucher systems have a vital role in the motivation of employees and increase in the performance of organization. Individuals have personal characteristics according to which they believe as per their own value what is important to them [2]
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: American Journal of Industrial and Business Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
