Browsing by Author "Gidar, Nagah"
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Item APPROACH OF BANK MANAGERS TOWARDS REWARD SYSTEM: CASE OF LIBYA(2022-02-22) Gidar, Nagah; TUZLUKAYA, ŞuleA number of discussions and theories regarding motivation highlight importance of an employee’s job performance, accomplishment and its related outcome, in relevance to the overall impact of these on the organization. In this research, the aim is to study the motivation and reward system as a comparative analysis of two organizations with a difference in ownership. In this study, a viewpoint of managers of private as well as public banks of Libya has been collected to identify the motivational rewards in their opinion pertaining to impact on job performance. The analysis of collected data of the qualitative research (interview) indicates that material rewards that are mostly offered by public banks in Libya are not effective in comparison to material rewards offered by private banks to motivate employees. However, as per collected data, the moral rewards pertaining to a job performance of employees that are offered by private as well as public banks are sufficient enough to motivate employees of both types of banks. Moreover, it has been concluded through analysis of collected data that moral rewards in comparison to material rewards are considerably more effective to motivate employees and instigate them to strive for improved performances in public as well as private banks in Libya.