Fostering Employee Morale through Effective Remuneration Practices

Abstract

In order to increase employee morale in organizations, it is necessary to create appropriate foundation in the organizational environment. In such organizations, where effective factors in the building of employees morale, are implemented completely and correctly, efficiency has been observed to be at its peak. The research provides reward techniques for business organization to understanding what motivate employee through remuneration practices of the organization. The research followed an in depth questionnaire administered to employees of a telecommunication organization. The result suggested that a careful consideration of job security, prospect of career progression apart from monetary rewards is essential for organizational development and change in employee initiative and boost in employee morale.

Keywords: employee morale, remuneration practices, telecommunication, reward techniques, business organizations.