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Title: :  Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh
PaperId: :  25314
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 10 Issue 6 2024
DUI:    16.0415/IJARIIE-25314
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Israt Jahan Dina Bangladesh University of Professionals, Dhaka, Bangladesh
Tahsin Tasnim AtashiBangladesh University of Professionals, Dhaka, Bangladesh

Abstract

Business
Reward Management, Start-Up Business, Employee Performance, Financial Reward, and Non-Financial Reward.
This thesis investigates how reward management systems affect employee performance in Bangladeshi start-ups, with a particular emphasis on ShopUp Bangladesh. The study looks at the relationship between financial and non-financial rewards with employee performance. The study used a quantitative methods approach by integrating quantitative information from employee surveys. Results show that rewards—both monetary and non-monetary—have a substantial impact on employee performance, with a mix of the two working best. Although non-financial reward like recognition and professional growth opportunities can increase work satisfaction, employees still prefer monetary benefits like salaries and bonuses. According to the report, a well-balanced compensation plan is crucial for lowering staff attrition, raising motivation, and improving performance in startups. Recommendations include tailoring incentives according to employee demographics, encouraging open communication about performance standards, and streamlining reward schemes by combining financial and non-financial rewards. This research provides valuable insights for startups seeking to enhance human resource practices to foster a motivated and high-performing workforce.

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IJARIIE Israt Jahan Dina , and Tahsin Tasnim Atashi. "Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh" International Journal Of Advance Research And Innovative Ideas In Education Volume 10 Issue 6 2024 Page 461-473
MLA Israt Jahan Dina , and Tahsin Tasnim Atashi. "Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh." International Journal Of Advance Research And Innovative Ideas In Education 10.6(2024) : 461-473.
APA Israt Jahan Dina , & Tahsin Tasnim Atashi. (2024). Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh. International Journal Of Advance Research And Innovative Ideas In Education, 10(6), 461-473.
Chicago Israt Jahan Dina , and Tahsin Tasnim Atashi. "Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh." International Journal Of Advance Research And Innovative Ideas In Education 10, no. 6 (2024) : 461-473.
Oxford Israt Jahan Dina , and Tahsin Tasnim Atashi. 'Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh', International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 6, 2024, p. 461-473. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/Influence_of_Reward_Management_System_on_Employee_Performance_in_the_Start_Up_Business_of_Bangladesh__ShopUp_Bangladesh_ijariie25314.pdf (Accessed : 22 December 2024).
Harvard Israt Jahan Dina , and Tahsin Tasnim Atashi. (2024) 'Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh', International Journal Of Advance Research And Innovative Ideas In Education, 10(6), pp. 461-473IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/Influence_of_Reward_Management_System_on_Employee_Performance_in_the_Start_Up_Business_of_Bangladesh__ShopUp_Bangladesh_ijariie25314.pdf (Accessed : 22 December 2024)
IEEE Israt Jahan Dina , and Tahsin Tasnim Atashi, "Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh," International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 6, pp. 461-473, Nov-Dec 2024. [Online]. Available: https://ijariie.com/AdminUploadPdf/Influence_of_Reward_Management_System_on_Employee_Performance_in_the_Start_Up_Business_of_Bangladesh__ShopUp_Bangladesh_ijariie25314.pdf [Accessed : 22 December 2024].
Turabian Israt Jahan Dina , and Tahsin Tasnim Atashi. "Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 10 number 6 (22 December 2024).
Vancouver Israt Jahan Dina , and Tahsin Tasnim Atashi. Influence of Reward Management System on Employee Performance in the Start-Up Business of Bangladesh: ShopUp Bangladesh. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2024 [Cited : 22 December 2024]; 10(6) : 461-473. Available from: https://ijariie.com/AdminUploadPdf/Influence_of_Reward_Management_System_on_Employee_Performance_in_the_Start_Up_Business_of_Bangladesh__ShopUp_Bangladesh_ijariie25314.pdf
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