| Abstract: | The aim of this study was to investigate the effect of reward on job satisfaction among employees at the
Bole Lemi Industry Park branch office. This research utilized a descriptive and explanatory research
approach, employing a quantitative research design to meet its objectives. A structured questionnaire
was used to collect responses on a five-point scale from 70 sample participants out of a total population
of 70 employees working at the Bole Lemi Industry Park branch office in Addis Ababa. Census
sampling technique was applied to choose sample respondents. Data analysis was conducted using
statistical techniques, percentage and means through SPSS software. The study revealed that rewards
play a significant role in influencing employee job satisfaction within the organization. The analysis of
mean and standard deviation scores provides valuable insights into the perceived value and variability
associated with different types of rewards. Salary Increment/Bonuses, learning, and development are
highly valued and consistently important to employees, suggesting that they are effective in motivating
and satisfying employees. The results indicate that, on average, the individuals in the sample reported a
relatively high level of job satisfaction. The moderate amount of variability in their responses suggests
that there are some individuals who reported significantly higher or lower levels of satisfaction than the
average. The results suggest that rewards have a positive relationship with employee job satisfaction,
and in addition, of the predictor "Reward" has significant effect on job satisfaction. With the
implementation of best reward practices leading to higher levels of satisfaction and improved
organizational performance. It is recommended that the Bole Lemi Industry Park branch office
regularly conducts satisfaction surveys semiannually or annually to assess employees' satisfaction
levels regarding the rewards they receive from the organization. |
