The Impact Of Reward And Recognition Programs On Employee's Motivation And Satisfaction: An Empirical Study

Objective-This study highlighted “the impact of reward and recognition programs on employee’s motivation and satisfaction” Methodology-The study was conducted from October till December; 2008 the Sample chosen for the study is 80 employees of UNILEVER companies Results-The factors affecting satisfaction were identified; payment (0.86**), promotion (0.74**), working condition (0.61**), personal(0.37*) as Analysis showed immense support for positive relationship between REWARD and EMPLOYEE SATISFICTION. All these results are statistically significant thus providing rigor and generalizability in research. Conclusion-This exploratory study suggests for the positive relationship between reward and satisfaction