The Impact of Rewards on Employee’s Job Performance and Job Satisfaction

Now a day’s all firms or business entities are facing so many issues related to employee’s job performance and employee’s job satisfaction. Rewards have much impact on employees, which increase the level of job performance and job satisfaction. Many studies are conducted in the past to check the impact of rewards. This study will examine the impact of rewards on employee’s job performance and job satisfaction in telecommunication sector of Okara city, Pakistan. Questionnaire is used as instrument and 100 questionnaires were used to check the respondent’s opinion. The frequency test, descriptive analysis, correlation and multiple regression tests were applied for data analysis. This study concludes that there is positive relationship between rewards (extrinsic and intrinsic) and employee’s job performance and job satisfaction. Most of the organizations implement rewards system to increase the job performance and job satisfaction.