A Study on Impact of Financial Incentives on the Performance of Private CBSE School Teachers of Ahmedabad


Authors : SOMA DWIJODAS GHOSH; Dr. RUPAM MISHRA

Volume/Issue : Volume 8 - 2023, Issue 11 - November

Google Scholar : https://tinyurl.com/2p9as38w

Scribd : https://tinyurl.com/4pb235ke

DOI : https://doi.org/10.5281/zenodo.10224210

Abstract : Adapting to new teaching strategies in current teaching landscape depends on the motivation of a teacher and the motivation affects the performance of a teacher. With continuously changing teaching environment in higher education, with the advancement of new technologies in teaching field, keeping teachers motivated is a major challenge. It is observed that majority of teachers are not satisfied. Satisfaction of an employee and its performance are interrelated and interdependent with each other. An incentive is the factor that encourages you to do somethingand a satisfied employee is the combination of 3P’s i.e. proactive, productive and positive. The performance of the teachers can be affected due to financial or non- financial incentives they get. Financial incentives are pay and allowances, bonus, retirement benefits etc. Dissatisfaction among the teachers does not only affect their performance, but has impact on one of the most important pillars (students) of the society as well as to the entire society. Through this research, researcher wants to find out the impact of financial incentive on the performance of a teacher as well academic performance of students. To conclude this, data was collected with the help of a questionnaire.The result concludes that there is a positive and significant relationship between financial incentives and the performance of a teacher in higher education. Proper incentive will motivate the teacher to focus on overall performance of their students.

Keywords : Incentive, Financial Incentives, Motivation, Job Satisfaction and Employee Performance.

Adapting to new teaching strategies in current teaching landscape depends on the motivation of a teacher and the motivation affects the performance of a teacher. With continuously changing teaching environment in higher education, with the advancement of new technologies in teaching field, keeping teachers motivated is a major challenge. It is observed that majority of teachers are not satisfied. Satisfaction of an employee and its performance are interrelated and interdependent with each other. An incentive is the factor that encourages you to do somethingand a satisfied employee is the combination of 3P’s i.e. proactive, productive and positive. The performance of the teachers can be affected due to financial or non- financial incentives they get. Financial incentives are pay and allowances, bonus, retirement benefits etc. Dissatisfaction among the teachers does not only affect their performance, but has impact on one of the most important pillars (students) of the society as well as to the entire society. Through this research, researcher wants to find out the impact of financial incentive on the performance of a teacher as well academic performance of students. To conclude this, data was collected with the help of a questionnaire.The result concludes that there is a positive and significant relationship between financial incentives and the performance of a teacher in higher education. Proper incentive will motivate the teacher to focus on overall performance of their students.

Keywords : Incentive, Financial Incentives, Motivation, Job Satisfaction and Employee Performance.

CALL FOR PAPERS


Paper Submission Last Date
31 - May - 2024

Paper Review Notification
In 1-2 Days

Paper Publishing
In 2-3 Days

Video Explanation for Published paper

Never miss an update from Papermashup

Get notified about the latest tutorials and downloads.

Subscribe by Email

Get alerts directly into your inbox after each post and stay updated.
Subscribe
OR

Subscribe by RSS

Add our RSS to your feedreader to get regular updates from us.
Subscribe