Browsing by Author "Nisha Pathak"

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    IMPACT OF MONETORY COMPENSATION ON EMPLOYEES SATISFACTION IN NEPAL
    (Shanker Dev Campus, 2024) Nisha Pathak; Asso. Prof. Dr. Kapil Khanal
    An important aspect of the relationship between an employee and an employer is employee remuneration. The salary rate has an impact on both the employer's and the employee's performance. The purpose of this research is to ascertain whether and to what degree there is a relationship between the monetary remuneration received by employees and their intrinsic, extrinsic, and overall job happiness. The convenience sampling method was used in this investigation. This study used a descriptive and causal research design. Regression, correlation, ANOVA, and T-test have also been applied. With the aid of questionnaires, this study was carried out on the commercial banks in the Kathmandu Valley to determine the impact of pay on employee satisfaction. Employees of commercial banks in the Kathmandu Valley were given questionnaires to complete in order to measure the effect of motivation on output. In this study, commitment, reward, appreciation, and justice are used as independent factors, and employee compensation is used as the dependent variable. The findings indicated that there was a strong positive correlation between reward and appreciation as well as commitment. Fairness in performance reviews and award distribution are viewed by staff members as important drivers of productive work. Rewards and recognition have a good effect on performance, but remuneration has a negligible effect. The outcome of the regression analysis showed that employee compensation is positively and significantly impacted by dedication, reward, recognition, and fairness.