Reward systems and employee performance in National Social Security Fund
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Date
2013-09
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Publisher
College of Economics and Management
Abstract
The purpose of the study is to investigate the contribution of reward systems to employee performance at National Social Security Fund Uganda. And the objectives of the study are; to examine the nature of rewards used in national social security fund, to examine the level of performance in national social security fund, to establish the contribution of reward systems to the performance of employees in national social security fund, to recommend strategies of improving employee performance based on the study findings. The research findings revealed that Employee compensation is one of the most important human resource functions. In today's service-based economy pay often equals 48 % or more of the cash flows of an organization. From the object 2 it was revealed, naturally, the level of performance are strongly influenced by an organization's reward system. Performance must deal with issues like. This showed that the effect of reward policies on the performance of academic staff was that they provide significant level of employee satisfaction as seen by 40% response. From the recommendation of the findings revealed that NSSF should put more emphasis on paying wages, salaries, bonus and so on as a form of financial rewards in stimulating employee behavior. It is important to understand that for the organization to achieve its stated goals management in the organization should provide employees with financial rewards as a form of motivation in order to enhance high performance. From the findings, the conclusion showed that the job security is the reward system practiced in national social security funds as seen by 14% response.
Description
A research dissertation submitted to the College of Applied Economics and Management in partial fulfillment of the requirements for the award of the Degree of Human Resource Management of Kampala International University
Keywords
Reward systems, Performance, National Social Security Fund (NSSF)