IMPACT OF MONETARY AND NON-MONETARY INCENTIVES ON EMPLOYEES’ WORKPLACE PERFORMANCE AT OMAN COLLEGE OF HEALTH SCIENCES IN OMAN
A pilot test prior highlighted there is a strong relationship between incentivizing the employees’ job performance and their job satisfaction. Thus, the following literature shows the impact of the study’s variables, such as job satisfaction and demographic factors. That moderates the employee’s performance within the organization by virtue of monetary incentives and non-monetary incentives. The study’s model came from a theoretical basis, a structural equation model is developed where the monetary and non-monetary incentives impact the relationship between employee job satisfaction and employee job performance. Thirty-one employees working in three different commercial banks participated in this test. The results showed that bankers’ job performance is influenced by their job satisfaction and incentives as well. That means the more satisfied employees are more likely to reflect a higher level of employee job performance. When they are facing a low level of motivation, that absolutely results in the entire performance. The responses analyzed by google forms manifest the exigency of employee job satisfaction with their demographic factors to look forward to outstanding employee job performance. That is because organizational success strongly relies on the quality of its employees and their performance strategies.
Incentives, Performance, Satisfaction, Burnout, Business Contemporary Issue, Turnover, Retention.