BALANCING FINANCIAL AND NON-FINANCIAL REWARDS: EXPLORING EMPLOYEE MOTIVATION AND PERFORMANCE IN EMERGING ECONOMIES



Mualliflar:

Kengboyeva Mavluda Yuldashbayevna

DOI:
Annotatsiya:

Annotatsion: Employee motivation is a critical factor influencing company success, especially in the volatile contexts of emerging economies. Organizations in these regions face growing challenges in balancing limited financial resources with the necessity of aintaining a highly dedicated and productive workforce. This paper examines the dual effect of financial and non-financial incentives on employee performance, referencing recent theoretical and empirical research. The analysis indicates that although financial incentives - such as compensation, bonuses, and profit-sharing - act as immediate extrinsic motivators for performance and retention, non-financial incentives - such as recognition, empowerment, meaningful work, and career advancement - are essential for fostering long-term engagement and creativity.