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THE LINK OF PAY TO PERFORMANCE MAKE EMPLOYEES MORE LOYAL: AN EMPIRICAL STUDY

paper-details
 
Author Name: Md. Nasir Uddin and Ishrat Sharmin
Research Area: Business Administration
Volume: 07
Issue: 02
Page No: 01-07
Emailed: 3
Total Downloads: 99
Country: Bangladesh
PDF View: Details



The primary objective of this study was to determine the significant factors those are related to employee loyalty with pay to performance. The study also measured the factors influences the pay system and their linkage to the performance of employees. The study was quantitative in nature and a structured questionnaire has been used to collect data from the respondents during the period of October 2018 to January 2019 in the Sylhet Metropolitan City. Every employee of the manufacturing companies of BSCIC Industrial Estate. The convenience sampling method has been used to determine the sample size. The sample size of the study was 70. All the ethical guidelines of research had been followed to conduct the study. In this study mean, median, standard deviation, correlation and chi-square and descriptive statistics used to attain the objectives. The study revealed that most of the participants are the male and young employee and completed their secondary level education. The study also found that education directly affect the pay and that is why most unskilled employees are satisfied with the low pay packages. The study also recommended that pay is considering factors to increase the performance and loyalty of employees. The outcome of the study might be helpful for the concerned policy maker to understand the innumerable factors responsible for employee performance and loyalty.