This study explores
the impact of best financial incentives on employee’s job motivation,
performance satisfaction, and turnover. Theoretically speaking when
organizations pay good financial benefits to their employees, they are more
motivated, satisfied, and more committed with the organization. Our sample
consists of Pakistani, telecommunication industry, textile industry. We
collected the data of 600 responses out of 1000 questionnaire. By utilizing the
received responses, we run the path analysis and found that all the stated
variables are positively significant except job turnover. We found that financial reward can positively
contribute to keeping the employee motivated and satisfied. However financial
rewards discourage the employee turnover intention which cannot save
organizational financial cost but also help to retain human capital as well.
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