Critically Analyzing the Role of Total Rewards and Compensation in Increasing Employee Motivation

Employees are the main assets for an organisation and motivating the employees can improve their performance. Several ways can be incorporated for employee motivation. The objective of this research is to understand the role of Total Rewards and Compensation in increasing employee motivation. Materials and methods: Survey has been conducted by incorporating 80 participants and the survey results has been analysed with the help of SPSS software. Findings: The result conveys that there is a positive relation between employee motivation and engagement. Conclusion: Em-ployee motivation has strong relation with employee engagement and increasing organisational performance. Employee motivation can create positive working culture within the workplace. Significance of the study: The research will contribute to understand the role of compensation and total rewards in case of employee motivation. Besides this, this research is also helpful to understand the importance of employee motivation in case of organisational performance

Employees are the main assets for an organisation and motivating the employees can improve their performance. Several ways can be incorporated for employee motivation. The objective of this research is to understand the role of Total Rewards and Compensation in increasing employee motivation. Materials and methods: Survey has been conducted by incorporating 80 participants and the survey results has been analysed with the help of SPSS software. Findings: The result conveys that there is a positive relation between employee motivation and engagement. Conclusion: Employee motivation has strong relation with employee engagement and increasing organisational performance. Employee motivation can create positive working culture within the workplace. Significance of the study: The research will contribute to understand the role of compensation and total rewards in case of employee motivation. Besides this, this research is also helpful to understand the importance of employee motivation in case of organisational performance

INTRODUCTION
Employee motivation is a necessary and internal drive that can help to provide required actions related to business activities. As per the opinion of Asif et al. (2019), employee motivation can be referred to as the enthusiasm, creativity, and commitment provided by an employee towards an organisation. It has been identified that to improve the performance of an employee motivation plays an important role, which can eventually improve the performance of the organisation.
Employee motivation is an important aspect in case of achieving the goal of the organisation. As per the statement of Paais & Pattiruhu (2020), a positive culture can be created within an organisation through employee motivation. It has been identified that employee motivation can be generated through various ways. The management of an organisation incorporates compensation and rewards systems, which can help to provide recognition to the employees. This is crucial in case of increasing the motivation of employees to increase their engagement. In this present study, critical analysis has been done to understand the role of total rewards and compensations in case of employee motivation.

LITERATURE REVIEW
Employee motivation is an important aspect in case of achieving the goal of the organisation. As per the statement of Paais & Pattiruhu (2020), a positive culture can be created within an organisation through employee motivation. It has been identified that employee motivation can be generated through various ways. The management of an organisation incorporates compensation and rewards systems, which can help to provide recognition to the employees. This is crucial in case of increasing the motivation of employees to increase their engagement. In this present study, critical analysis has been done to understand the role of total rewards and compensations in case of employee motivation.

Hypothesis
The following hypothesis has been developed for this research: H1: There is a strong relationship between employee motivation and organisational performance H0: There is no relationship between employee motivation and organisational performance H2: There is a heavy linkage relationship between positive organisational culture and employee motivation H0: There is no association between positive organisational culture and employee motivation

METHODOLOGY
The purpose of this research is to investigate the role of total rewards and compensations in the case of encouraging the employees of an organisation. In order to achieve the research objectives primary quantitative research method has been chosen and survey has been conducted to gather necessary information regarding the research topic. As per the opinion of Pratama et al. (2022), quantitative methods are helpful to gather the numerical data related to the research objectives. The sample consists of 80 respondents using a random sampling method. A descriptive research design has been selected and a questionnaire has been developed consisting of 10 questions. As per the suggestion of Malmqvist et al. (2019), analysis of the gathered data has been the most effective part of conducting research. SPSS software has been used in this research and normality test, regression test, correlation and descriptive statistics test has been conducted in this research to formulate the data gathered from the survey. [Refer to appendix 2]

RESULT AND DISCUSSION
The survey results have been analysed and discussed in this present section, which helps to formulate the objectives of the research. What is Your Age? From the above table it has been identified that the frequency of the participants belonging to the age group of 18 to 30 years is 27%. On the other hand, the frequency of the participants belonging from the age group of 31 to 45 years of age is 28% along with 21% frequency belonging to the age group 46 to 60 years of age. Besides, 4% frequency has been generated in cases of above 60 years of age group.

Figure 1. Age of the Respondents
From the above figure 1 it has been identified that 33.8% of the respondents belong to the 18 to 30 years of age group along with 35% of the respondents belonging from 31 to 45 years of age. Hence, it can be concluded that participants from all age groups have shown interest in this survey. What is Your gender? With the help of SPSS analysis 31% frequency has generated in case male participants along with 37% for the female participants.

Figure 2. Gender of the Respondents
It has been observed from the above figure that 38.8% of the participants are male and 46.3% of the respondents are females, which reflects that both male and female have shown interest in this research subject. What is Your Educational Qualification? The above table reflects that 34% is the majority frequency generated from the survey from which it can conclude that the participants are postgraduates. 24% frequency has gained in case of participants having minimum educational qualification of graduates.   From the above ANOVA table the degree of freedom has been identified which reflects that in case of regression ANOV is valued at 6. On the other hand, in case of residuals the value of is 73 which amplifies the significance of the research which is .000% Coefficients Table 6. Coefficient Table  Model Unstandard- The above table reflects the correlation between the independent and dependent variables of the research. It has been identified that the correlation coefficient significance value has been obtained as 0.000, which reflects that the research is significant the variables are related to each other. The research is considered reliable, as the Cronbach's Alpha value is more than 0.8 (Schrepp, 2020). In the above table, the Cronbach's Alpha value is 0.867, which reflects that this study is reliable and its results are related to the research objectives.  Vol.2, No.3, 2023: 225-240 237 The test of normality table implies that the minimum df attained in case employee motivation and improved engagement and performance is 4 and the maximum df attained is 21 with the help of SPSS analysis. The test of normality table implies that the minimum df attained in case employee motivation and improved engagement and work ability is 6 and the maximum df attained is 23 with the help of SPSS analysis. The test of normality table implies that the minimum df attained in case of employee motivation and improved engagement and creating positive working culture is 6 and the maximum df attained is 22 with the help of SPSS analysis. The above test of normality table reflects that the minimum df achieved regarding employee motivation and improved engagement and attaining the organisational goal is 8 whereas the maximum df achieved is 24. Hence, it has been identified from the results obtained from the SPSS analysis that total rewards and compensation have a positive impact on the employee performance.

CONCLUSION
From the above discussion of this research, it has been identified that the role of total rewards and compensations has been crucial in case of employee motivation as it brings positivity in the employee to work more for the organisational goals. It has been also analysed from the survey responses that employee motivation can help to increase the employee engagement, which can have the potential to improve the performance of the business organisation. In addition to this, it has been also concluded from the research findings that employee motivation can also help to create a positive culture within an organisation.