LINKING A REWARD SYSTEM WITH EMPLOYEES PERFORMANCE - A FACTOR IN INCREASING THE COMPETITIVENESS OF ORGANIZATIONS. (English)

The implementation of a successfull reward system based of the employee performance, contributes to the achievement of higher organizational and personal results. The higher results contribute to the achievement of the goals and overcoming the projected expectation of the productivity, quality, consumer services, increase in the profit and increase in the market performance of the organization. At the same time, successful process of performance management can serve the purpose of the personal development of the employees, increase of the personal results and better effectiveness and skills development. This paper elaborates the link between the reward system and the employee performance in organizations. The sample contains 48 successful small, medium-sized and large private enterprises paying attention to this problem. The basic data in this study has been obtained through structured questionnaire, and the results have been analyzed using SPSS -Statistical Program for Social Sciences. [ABSTRACT FROM AUTHOR]

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