Title: The impact of monetary and non-monetary motivation on employees' performance: a case study of Hyderabad Electric Supply Company

Authors: Erum Shaikh; Hemal Azhar; Mohsen Brahmi; Nida Zehra

Addresses: The University of Modern Sciences, Tando Muhammad Khan, Pakistan; Institute of Business Administration, University of Sindh, Jamshoro, Pakistan ' Institute of Business Administration, University of Sindh, Jamshoro, Pakistan ' Faculty of Economic and Management FEM, University of Sfax, CP1204, Tunisia ' Institute of Business Administration, University of Sindh, Jamshoro, Pakistan

Abstract: The aim of this research study is to identify the impact of monetary and non-monetary motivational factors on the performance of the employees of HESCO, Hyderabad, Pakistan. A sample of 217 questionnaires were distributed and filled up by the employees at the head office of HESCO which were based on two sections. On the other hand, descriptive statistics, multi-collinearity, correlation and multiple regression analysis were analysed by SPSS. Researcher concludes that in monetary motivation factors, salary and promotion have positive influence, whereas bonuses have negative impact on employee's performance; in non-monetary motivation factors, job security, recognition and appreciation have positive impact, whereas working conditions have negative impact on employee's performance.

Keywords: monetary; non-monetary; motivational factors; employee's performance.

DOI: 10.1504/IJTTC.2022.123088

International Journal of Technology Transfer and Commercialisation, 2022 Vol.19 No.1, pp.127 - 141

Received: 18 Jun 2021
Accepted: 05 Aug 2021
Published online: 26 May 2022 *