REMUNERATION AND EMPLOYEE PERFORMANCE INJAGAN INDUSTRIAL TREDERS, MADURAI

Mr.K.Palpandi1Dr.K.Binith Muthukrishnan2 Dr.B.Velmurugan3

1II MBA Student, Department of Management Studies, NPR College of Engineering & Technology, Dindigul
2Associate Professor, Department of MBA, NPR College of Engineering &Technology,Dindigul,

3Associate professor &HoD,Department of Management Studies, NPR College of Engineering &Technology, Dindigul
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ABSTRACT
The study investigates the impact of remuneration and employee performance in Jagan Industrial Treders. A total of 150 employees took park in the study, in which 108 (72%) were males while 42 (28%) were female. The descriptive research design was adopted. The questionnaire format was employed for data collection, which was made into several sections and 150 copies were distributed for data collection. Both the descriptive and inferential statistics were adopted for data analysis. Specifically, the Statistical Packages for Social Sciences (SPSS) version 20.0 was utilized for data analysis. The result revealed that there is a significant relationship between remuneration scheme and employee performance in Global Communications Limited and also there is a significant problem affecting the payment scheme and the performance of employees in Global Communications Limited. The study recommended that organizations like Global communication limited should use more work-related remunerations rewards design to motivate their employees. This design will improve the performance of the job with more opportunities for employees to move up the promotional ladder and achieve the satisfaction of their basic and psychological needs.
Keywords: Remuneration, Pay Scheme, Employee performance, Employee, GLO.


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