Abstract :
This research paper aims to find out the principal incentive, whose effect on the employees’
performance will be maximum. The study aims at identifying the role of International Women
Polytechnic in meeting the employees’ societal need, monetary need and moral need. This study
is to investigate the importance of monetary and non-monetary incentives to employees and to
examine which incentive is best to motivate the employees of International Women
Polytechnic. This study comprises sample of 70 employees from all academic and non-academic
staff of International Women Polytechnic, New Delhi. This research indicates that the
monetary incentives have a greatest impact on the employees’ motivation and hence,
performance. That’s why attractive financial incentive must be given to improve their
performance. The sample is selected on the basis of systematic sampling method. The findings
revealed that employee of International Women Polytechnic are motivated by cash incentives
and bonuses rather than other allowances. These play a key role in enhancing performance at
both individual and organizational levels, while providing an opportunity for getting
incentives by setting incentive based performance, which is deemed to be instrumental in
practice in human resource management.
Keyword :
Keywords:-Monetary incentives, Non-monetary incentives, Employees performance, Motivation, Bonuses and Systematic Random Sampling.