The Effect Of Reward On Employees Job Satisfaction In The Case Of Lion International Bank S.c

xrnABSTRACTrnHuman resource management is critical for the successful operation and profitability of anrnorganization since people are the main assets that operate in organizations. Reward practice isrnone of core activities underlying in human resource management. This study examined effect ofrnreward and its effect on the employees’ job satisfaction taking Lion International Bank S.C. as arncase study. The study used both primary and secondary source of data. A quantitative researchrnapproach of the data collection used and 244 questionnaires were distributed and 235 completed usablernquestionnaires for response rate of 96% returned. Stratified random sampling method was used andrnemployees were selected from each stratum with a simple random sampling technique. Data was analyzedrnusing descriptive, correlation and multiple regression analysis. The study result has implied thatrnpromotion, sense of achievement, recognition and work freedom are found to have strong positivernrelationship with employees job satisfaction, moderate relationship obtained with pay and benefit andrnworking condition .Whereas , insignificant relationship is obtained with bonus. The result that obtainedrnfrom regression analysis implied variations in employees’ job satisfaction were explained by rewardrnvariables. In order to boost the level of satisfaction of the employee, the researcher recommendedrnthat the concerned parties have to revise and improve the existing reward practices. Since therncurrent study was completed using employees’ perception data on employee job satisfaction thernstudy, findings may not be fully representing the population. Therefore, future researchers shallrnuse objective data on employee job satisfaction and make a more concrete finding that can bernrepresenting all Lion International Bank's employees.

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