Speaker
Description
Sustainable compensation and reward systems are critical for enhancing employee motivation, job satisfaction, and retention in developing countries, where economic stability and employee engagement are vital for organizational success. These systems align monetary and non-monetary rewards to address challenges unique to resource-constrained environments (Alrazehi et al., 2021; Zayed et al., 2022).
This study explores the impact of sustainable compensation and reward systems on employee motivation and job satisfaction, focusing on their role in fostering organizational sustainability and engagement in developing countries.
This literature review analyzed case studies exploring compensation practices across various industries in developing countries, highlighting their impact on employee motivation, job satisfaction, and organizational outcomes.
Sustainable compensation systems significantly enhance employee satisfaction and motivation by addressing intrinsic and extrinsic needs. Equitable pay and performance-based incentives improve financial stability, while non-monetary rewards like recognition and professional development foster inherent motivation. Tailored reward systems reduce turnover, improve engagement, and bolster organizational performance across sectors.
Integrating sustainable compensation practices aligns organizational goals with employee satisfaction, fostering a high-performance culture. This approach overcomes economic and cultural barriers, supporting long-term commitment and sustainable development in resource-constrained settings.
| Presenting author | Marjan Entekhabi |
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