Employee Benefits and Motivation: How it-Experts are Motivated and Prefer to be Rewarded

Employee Benefits and Motivation: How it-Experts are Motivated and Prefer to be Rewarded

This paper identifies the role of rewarding and recognition in employees’ motivation and work commitment in a bank’s IT-department. The ITdepartment is located in Istanbul, Turkey with total almost 400 employees and it is part of a greater organization which’s main branch is financial services and banking and it operates internationally in more than 40 countries. To identify the role of rewarding and recognition in employees’ motivation this survey was conducted in the IT-department and it was sent to 80 employees. The study intends to increase the understanding of the relationship between motivation and rewarding, especially in such business environment as information technology is. The findings show that though there is a relationship between motivation and rewarding, the relationship is not apparent and the effect is hard to be observed when measuring individual rewarding methods. Therefore this study concentrates more on general opinions about rewarding system used in the organization and how, according to employees’ prospects, it could be improved

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