The Pursuit of Motivating Employees : The connection between employee turnover and reward packages in the hotel – and insurance industry

University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknik

Author: Jenny Parttimaa; Mathilda Bäckström; [2018]

Keywords: Human capital investment; Return on investment; Intrinsic – and Extrinsic motivation; Reward systems; Employee turnover; the Hotel and Restaurant industry; the Credit institutions and Insurance companies industry;

Abstract: Motivating employees is one of the management top priorities nowadays. Motivated employees are less likely to leave the company, which leads to lower turnover rate which in turn can lead to lower costs for the company. The purpose of this study is to illustrate how organizations can increase employees’ motivation and lower employee turnover by using reward packages.

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