12 Analyse the potential impact of salary and bonus structures on employee engagement and job satisfaction. [6]

[Sir Afzal Shad]

Q12 Analyse the potential impact of salary and bonus structures on employee engagement and job satisfaction. [6]

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Possible Structure
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

[Kumail Alvi]

[KN] Motivation and Performance
[AN] Pay and bonus plans can be powerful sources of motivation for staff members. Motivation can be increased by a well-designed pay plan that offers opportunities for bonuses and recognizes and rewards excellent work.
[AN+] Employee engagement and peak performance are positively correlated when they perceive a clear financial benefit for their efforts.

[KN] Job Satisfaction
[AN] Job satisfaction can be influenced by offering bonuses and a competitive, fair salary. Workers are more likely to be happy in their positions if they believe their pay is commensurate with their abilities and the standards of the industry.
[AN+] Higher levels of job satisfaction and lower turnover may result from this.

[Syed Mustafa Ali]

[KN] Financial security
[AN] A fair salary ensures that employees can meet their basic needs, which aligns with Maslow's Hierarchy of Needs.
[AN+] When employees feel financially secure, it reduces stress and leads to job satisfaction.

[KN] Feel Motivated
[AN] Good compensation e.g bonuses can motivate employees to perform at their best.
[AN+] They may feel significant and rewarded for their efforts, leading to increased productivity and brand loyalty.

[Syed Raza]

[KN] Motivation and Satisfaction
[AN] A fair and competitive salary can make employees feel valued and motivated
[AN+] It helps cover basic needs and reduces financial stress, which can boost job satisfaction.

[KN] Job Satisfaction
[AN] Performance-based bonuses can encourage employees to work harder and achieve specific goals
[AN+] When employees see a direct link between their efforts and rewards, it can increase job satisfaction and motivation.

[ayyan ali]

job satisfaction of employee
[AN]competitve salaries and well designed bonus structure contribute to overall job satisfaction
[A+]thus bcz of their positive oerception of their the are likely to work in the organization

[KN]emploee engagement
[AN]a though ful salary and bonus structure can foster a sense of engagement and emploees
[AN+]their contribution and recognition can lead to higher level of commitment

[Talha Asim]

[kn]higher salaries provide higher incentive to work [an] the more the salaries the workers are paid the more they are willing to work hard for the firm and stay loyal to it [an+] this further improves employee motivation leading to employee retention

[kn] increase productivity [an] when the labour force looks forward to benefits like bonuses they work better and efficiently to attain them[an+] this efficiency lowers the cost of production and hence prices can be lowered, increasing competitiveness

[Salman Khalid]

[KN]it leads to financial security and stability
[AN]this reduces financial stress and enhances job satisfaction
[AN+]when they feel secure about their job, they are more likely to focus on their work increasing productivity

[KN] it gives them recognition and appreciation
[AN] employees feel valued about their work which improves their job satisfaction
[AN+] this leads to more engagement and less chances of employee turnover aswell as motivating them to produce more

[Shaliza khawaja]

(kn)bonus is termed as financial knowledge of the management towards good performance
(an) keeping them satisfied and motivated
(an+) reducing the chance of employe turnover
(kn)by making optimum bonus and making them feel valued
(an) giving them a sense of self actualisation
(an+) hence keeping them motivated and loyal to the organisation

[hafsa kashif]

[kn] bonus is termed as financial knowledge of the management towards good performance of an employee
[an] thus when given such bonuses they feel that their worth is being recognized in the business encouraging them to work harder
[an+] thus reducing chance's of employee turnover
[kn] by paying optimum bonus and making them feel valued and satisfied with the form
[an] giving them a sense of self-actualization
[an+] hence keeping them loyal and efficient towards the organization

[Areena]

KNmonetary stability (AN)As stated in Maslow's Hierarchy of Needs, a fair salary guarantees that workers can satisfy their basic needs. (AN+)Financial security lowers stress and promotes job satisfaction among employees.

It provides them with recognition and appreciation
Employees feel appreciated for their work, which raises their level of job satisfaction  This encourages them to produce more and increases employee engagement, lowering the likelihood of employee turnover.

[Hadia Zia]

[KN] More motivation to work.
[AN]Handsome amount of salary and bonuses will ensure greater employee engagement and satisfaction and hence their morale and efficiency are likely to increase too.
[AN+] Thus engaged employees are more likely to actively participate in achieving organizational goals.

[KN] They feel valued.
[AN] Bonuses etc increases employees confidence and they feel recognized and important hence directly boosting their ability to work more with greater productivity.
[AN+] Thus improved morale contributes to a positive workplace culture.