Impact of bonus payments as part of reward system: A study in Malaysian manufacturing industry
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 12
Abstract
This paper will focus on the change of behavior among the employees in the manufacturing industry in Malaysia due to non-payment of cash bonuses at the end of the year or at the beginning of the new calendar year. We examine why the bonus payments are so important to the employees and failure to pay out bonuses in terms of cash handout causes the change in the attitude of the employees and repercussion of this behavior to the organization. This paper has provided an insight on the important of bonus payments to the manufacturing industry in Malaysia particularly.
Authors and Affiliations
Abubakar Othman, Farid Syarizal Abdul Rani, Azzahari Hamid
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