The imp act of reward management on employee performance: a case study of Hormuud Telecom Somalia
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Date
2011-12
Authors
Journal Title
Journal ISSN
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Publisher
Kampala International University.College Of Economics and Management
Abstract
Management of rewards in organizations is of great important in running the
organization efficiently on its daily operations. If those rewards are not managed properly
then there is a I ikely chance that employees will perform poorer. The performance of
employees depends largely on how their resources are allocated and their ability to adapt
to a changing condition and therefore there is a great need of how to manage and
maintain rewards,
The study was based on looking what were the mam factors causing the poor
management of rewards which in turn has a great impact on the performance and growth
of employees with reference of Hormuud Telecom. The study involved both qualitative
and quantitative methods. The sample size was thirty employees. In which ten employees
from Finance department, four employees from Store depatiment, nine employees from
operation department and seven employees from receiving department; Interviews,
observations, documentary review and questionnaires were the bases for data collection
and its findings has been represented in this research report
During the study the researcher views that the procedures are worth undertaking,
although there are some few loopholes here and there. lf such loopholes are not addressed
in the near future they could make the organization to lose many of employees.
Following the study findings, the following recommendations are very vital for
management. in order to improve the efficient use of rewards. The management should
conduct periodical inspection of its rewards in financial on monthly basis it may help
in assurances of present of concerned employees and also these may help to avoid fraud
about present of concerned workers.
Description
Research report submitted to the school of Business and Management in partial fulfillment of the a ward of bachelor degree of Business Administration of Kampala International University
Keywords
Management, Employee performance, Hormuud Telecom Somalia