Authors:
P. Sudha, Deepa Damodaran, P. Paramasivan, S. Suman Rajest, M. Mohamed Sameer Ali, Ramadas Kandath
Addresses:
Department of Business Administration, Dhaanish Ahmed College of Engineering, Chennai, Tamil Nadu, India. Department of Commerce, Guru Nanak College (Autonomous), Chennai, Tamil Nadu, India. Department of Research and Development, Dhaanish Ahmed College of Engineering, Chennai, Tamil Nadu, India. Department of FSM Adoption and Services, SAP, Texas, United States of America.
Abstract:
In the context of the home-working era in Chennai City, this research investigates the perspectives of information technology professionals regarding monetary incentives. The increase in the number of people working from home due to the COVID-19 pandemic led to a rise in demand for monetary incentives as a means of motivating and retaining employees. Within the context of an online organisation, the purpose of this study is to assess the impact of monetary incentives on the enhancement of productivity and the level of satisfaction experienced by workers. The data collection process consisted of conducting interviews and administering questionnaires to information technology specialists employed by organisations based in Chennai. The study's findings address several key discussions, including the appropriateness of compensation, the connection between rewards and performance measures, and the impact of monetary rewards on job satisfaction and the ability to maintain a sustainable work-life balance. Following the conclusion of the study, recommendations are provided for the development of reward systems that are compatible with the organisation's aims and meet the ever-changing demands of teleworkers. This research provides business leaders and HR experts with information on how to establish effective and well-planned incentive programs in a post-pandemic world.
Keywords: Remote Work Compensation; Work From Home (WFH); Employee Perception; Monetary Incentives; Chennai City; IT Professionals; Augmentation of Productivity; Job Satisfaction.
Received: 16/07/2024, Revised: 04/10/2024, Accepted: 13/11/2024, Published: 03/03/2025
DOI: 10.64091/ATISL.2025.000143
AVE Trends in Intelligent Social Letters, 2025 Vol. 2 No. 1 , Pages: 27-37