A STUDY ON IMPACT OF NON-MONETARY BENEFITS TOWARDS EMPLOYEE PERFORMANCE AT RITTAL PRIVATE LIMITED

A STUDY ON IMPACT OF NON-MONETARY BENEFITS TOWARDS EMPLOYEE PERFORMANCE AT RITTAL PRIVATE LIMITED

Author-

Manohar M

2nd year MBA,

Department of Management Studies
Sai Vidya Institute of Technology, Rajanukunte, Bengaluru.

Co-Author-

Ningambika G Meti Assistant Professor,

Department of Management Studies,
Sai Vidya Institute of Technology, Rajanukunte, Bengaluru.

ABSTRACT: This research aims to investigate the influence of non-monetary benefits on employee performance within the contemporary workplace. As organizations strive to attract, retain, and motivate their workforce, the role of non-financial incentives has gained prominence. This study explores various non-monetary benefits, such as flexible work arrangements, professional development opportunities, recognition and appreciation, and work-life balance initiatives, to understand their impact on employee productivity, job satisfaction, and overall performance. To conduct this study, a mixed-methods approach will be employed, combining surveys and interviews to collect data from a diverse sample of employees across different industries and organizational sizes. The research will analyse the correlation between the provision of non-monetary benefits and key performance indicators, such as employee engagement, job satisfaction, and productivity. The findings of this research will contribute to a deeper understanding of the role non-monetary benefits play in enhancing employee performance and offer valuable insights for organizations seeking to improve their talent management strategies. Ultimately, the study will shed light on the significance of creating a workplace environment that values and supports employees beyond traditional financial incentives, emphasizing the importance of a holistic approach to employee well-being and performance.

KEYWORDS: Non-monetary, employee production, satisfaction and monetary benefits.