The Impact of Reward Management Systems on Employee Retention will be Examined through a Case Study of the Anti-Corruption Commission in Freetown, Sierra Leone

MOHAMED SANKOH1

1

Publication Date: 2024/12/02

Abstract: Rewards are essential for any organization, as they help to engage and rejuvenate the sense of community and mission at the workplace. When properly implemented, reward systems can encourage high-quality work and improve employee retention. Conversely, if not managed well, they can lead to low morale, unproductive performance, and high turnover rates. To be successful, a reward system must be perceived as fair, consistent, and relevant by employees. The main aim of this research was to examine how reward systems impact employee retention. It is advised that managers make it a habit to verbally acknowledge and appreciate employees' achievements when they excel in their tasks and meet goals. In conclusion, reward systems are crucial for motivating employees to enhance their efficiency, effectiveness, and commitment to organizational objectives. These systems are planned activities that organizations use to motivate employees to achieve company goals. While some organizations view reward systems as an extra expense, it is important to understand that recognizing and rewarding employees is essential. The positive results of such recognition encourage employees to invest more effort, skills, and abilities, ultimately boosting overall productivity.

Keywords: No Keywords Available

DOI: https://doi.org/10.38124/ijisrt/IJISRT24OCT1086

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT24OCT1086.pdf

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