Professional Documents
Culture Documents
By
Joem Junsan
Yvonne Marie Senosa
Alex Oyong Jr.
Karl Buendia
Lauro Delos Santos
Sheila Guelos
CHAPTER 1
Introduction of the Body
A well designed and functional reward system is an efficient way to increase employee work
motivation. The appropriate type of reward is developed in accordance to the companys reward
philosophy, strategies and policy. However, it might be challenging to find the right way to
combine the companys integrated policies and practices together with the employees
contribution, skill and competence.
Employee motivation is one of the most essential parts in a companys development and success.
In order to maximize the overall performance of the company it is vital for an employer to
understand what motivates the employees and how to increase their job satisfaction. It might
however be challenging for a company to find out what motivates its employees, especially
because different people are motivated by different things.
Money is important in managing people. There is no doubt that we live in a monetary-motivated
world. Any amount of human relations cannot compensate for a lack of monetary reward.
According to Peter Ducker, if the reward is right, good human relations will give extra zest to a
team, motivating them to give their best efforts. Insufficient monetary reward cannot be
compensated by good human relation. Self motivation can go only so far and it needs to be
constantly reinforce by rewards. In particular, merit must be measured and rewarded regularly, if it
is to be encouraged and sustained. Money can be motivating factor but little money may have no
effect (Christal, 1970). To achieve motivation of employees, therefore reward should be
meaningful and it should vary with performance.
Iloilo City is known as the economic center of WesternVisayas in the Philippines, Iloilo City
features some of the most impressive, progressive and outstanding restaurants in the country. In an
extremely fine place like this, food service providers are very important because they contribute a
lot to the booming of food service industry of the area. However, one of the difficulties of food
service in Iloilo City is how to implement effective motivation (reward system) to their
employees. This is one of the reasons why some employees lost interest in work or sometimes quit
their jobs. Therefore the researchers decide to choose Maxs Restaurant SM City Branch
to collect data and to conduct a study about their reward system and its effectiveness.
Students
The result of this study may inspire them to develop their work performance as future leaders later
on.
Future Researchers
The results of this research may offer pertinent information to other researchers who wish to
undertake further study about the effectiveness of reward system in Maxs Restaurant,
SMCity Branch.