Impact of Tangible or Intangible incentives on job satisfaction among workers

Abstract

Incentives either tangible or intangible are the most important or convenient resources that became the basis of workers satisfaction with their jobs. The study attempts to explore the relationship between tangible or intangible incentives and job satisfaction among workers. To achieve the objective, a sample of 100 workers were selected from Pakistan Ordinance Factory, Wah Cantt, Pakistan on basis of purposive sampling technique. Data is collected through the use of reward system questionnaire and Minnesota Satisfaction questionnaire. Statistical Package for social sciences (version, 21) was used for the analyses of data. Results showed that both tangible or intangible incentives are positively related to job satisfaction among workers. Thus, at work settings the rise in the use of incentives is associated with high job satisfaction.