Abstract:
The basic aim of this research is to investigate the impact of monetary and nonmonetary rewards on the work behavior of employees in organizations. This research
also not only discusses that employees' work behavior is imperative for the overall
orgartizational performance but also talks about how to retain a motivated workforce
in the organization. Work behavior factors may be differing from industry to in8ustry
and class to class of employees such as high-level and low-level labor. As well as a
quantitative research methodology, has been adopted in this research.
The researchers have conducted a survey of selected two apparel companies in the
Badulla district. A structured questionnaire was used as the method of data collection
and the questionnaire consists of two parts as personal information of the respondent
and research information. The questionnaire included 29 questions with five Likert
scales ranging from strongly disagree to strongly agree. It has been conducted pilot
tests to test the reliability of the questionnaire. The researchers have found from the
survey that there are different factors that affect the work behavior of employees
which can be classified into two categories; monetary and non-monetary rewards.
Although non-monetary rewards are important for employee work behavior in Sri
Lanka, where the inflation rate is so high that people are struggling hard to retain their
social status but the importance of monetary rewards cannot even be discriminated
against. This research provides a basis to understand the issues of employee work
behavior in organizations.
It is a good contributor to the knowledge world of human resource management
which explores the rewards factors that affect the work behavior of employees and
provides a solution to the problems faced by employees at their jobs. This research
will also compel the management of the studied apparel industry to pay attention to
the problems of employees 'work behavior of organizations.
