The Impact of Incentive Programs on Job Performance: A Study of Office Employees in Selected Manufacturing Companies in Colombo District, Sri Lanka
Area of the Study
This study attempts to identify the impact of incentive programs on job performance of office employees in selected manufacturing companies in Colombo District, Sri Lanka.
Problem of the Study
There is a gap concerning incentive programs and job performance in Sri Lankan context regarding the office employees in manufacturing sector. Therefore this study is filling the empirical gap of the respective study area. Problem of this study is how incentive programs impact on job performance amongoffice employees in selected manufacturing companies in Colombo District, Sri Lanka?
Method of the study
The data was collected from 112 office employees in two manufacturing companies in Colombo District using universal sampling method. Primary data collection was through a questionnaire consisting of 39 statements with five point Likert scale. The data collected were subject to analyze using univariate, bivariate methods of SPSS.
Findings of the Study
This study found that incentives have the significant impact on job performance of the office employees in the selected manufacturing companies in Colombo District. In accordance with the regression analysis, 11.6%of the total variation of job performance explained by the incentive programs. Further, it was proved that there is a positive impact of dimensions of incentive programs on job performance.
Conclusion of the Study
It is concluded that both monetary incentive and non-monetary incentive have positive effect on office employees’ performance in selected manufacturing companies in Colombo District, Sri-Lanka.Hence, it is concluded that incentive programs are essential for the enhance job performance.
Keywords: Incentives, Job Performance, Manufacturing Companies, Office Employees