Non-Financial Motivational Incentives for Employees of 1B Group, Inc. Restaurants

Authors

  • Lorielaine Orellano

Keywords:

non-financial incentives

Abstract

This study aimed to assess the extent of non-financial motivational incentives for the employees of 1B Group Inc. Restaurants. The data were gathered from 152 employees of 1B Group Inc., through a survey questionnaire. The statistical tools used were Frequency Distribution, Weighted Mean, Two-Tailed-T-Test, Ranking, and Analysis of Variance (ANOVA). The respondents aged 36 from to 45 years old, male, single, college graduate, earns a gross monthly income of P12,001 to P19,999, have been employed in the company for 1 to 3years, regular employees, and in the position level of rank and file. The respondents agreed on Possibility of Growth, Working Conditions, Recognition, Achievement, Personal Life, Responsibility, Advancement, Company Policy, Job Security and Work Itself.1B Group, Inc. should provide steps that will help employees achieve their goals. The company should establish criteria for what performance or contribution/factors constitute rewarding behavior or actions. 1B Group Inc. should encourage staff to work in different, but related departments or positions. Establishing a formal mentoring program might be one of the smartest moves a company can make, for itself, and as well as for its workers’ personal and career growth. Encouraging camaraderie by taking the team to lunch or bringing goodies to the team meeting to celebrate milestones; conducting a company activity, such as yearly summer outing, Christmas parties, strategic planning meeting or team building just to lighten up and have some fun together. Avoiding micromanagement could help employees feel that they have a big part in the company, and encourage them to do well by giving opportunities to excel.

Published

2018-12-18