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Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services

Mini Dissertation (MBA)--University of Pretoria, 2019.

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Other Authors: Ramparsad, Sherin
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Ramparsad, Sherin
author_browse Ramparsad, Sherin
author_facet Ramparsad, Sherin
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2019.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:34.949Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/74025 Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services Ramparsad, Sherin ichelp@gibs.co.za Sitharam, Kerusha UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. Major Theme: The growing dependency on knowledge workers within the global economy, coupled with a shortage of said workers, has resulted in a greater emphasis on reducing the intention to turnover of this worker segment. Substantial effort has been placed into understanding the role of rewards on worker retention and this study used a total rewards framework to understand which components held the greatest influence over reducing knowledge worker intention to turnover. It went further to overlay employee motivation theory to understand the reasons for particular components Research Purpose: The purpose of this research was to provide a deeper, broader understanding of the rewards preferences of knowledge workers with the financial services sector of South Africa. Research Methodology: This study utilised a quantitative methodology. 186 financial sector knowledge workers participated in a self-administered digital questionnaire. Convenience non-probability sampling was utilised. The WorldatWorks Total Rewards models was used to form the research questionnaire. Comparisons of independent and dependent variables were performed from the data within SPSS, as well as the variance therein. Main outcomes/findings: This study was able to successfully show that knowledge workers within the financial service sector of South Africa have a significant difference in perception towards intrinsic and extrinsic rewards, with the former showing a greater preference amongst the sample. It was also found that there is a significant difference in the value perceived for intrinsic and extrinsic rewards when assessing against age and generational bands. Finally, this study was able to prove that total rewards and intrinsic rewards have a significant negative relationship with intention to turnover. ms2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T10:00:26Z 2020-04-06T10:00:26Z 2020/04/01 2019 Mini Dissertation Sitharam, K 2019, Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/74025> http://hdl.handle.net/2263/74025 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title_full Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title_fullStr Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title_full_unstemmed Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title_short Influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
title_sort influence of intrinsic and extrinsic rewards in intention to turnover within the knowledge worker base of financial services
topic UCTD
url http://hdl.handle.net/2263/74025