Importance of Employment Practices Pertaining to Provision of Monitory Benefits & Work-Life Benefits in Boosting Employee Productivity in the Hospitality Industry

##plugins.themes.academic_pro.article.main##

Milind A. Peshave
Rajashree Gujarathi

Abstract

Although it is a known fact that that employment practices followed by organizations have a great impact on the productivity of its employees, the relation between employee productivity and various employment practices adopted by hotels is not clearly established.  Thus, there is a need to check the impact of these employment practices on employee productivity in the hospitality industry.

This study is aimed at analyzing the impact of employment practices pertaining to monitory benefits and work-life benefits on enhancing employee productivity in the hospitality industry. In an effort to do so, a survey in the form of a questionnaire and interviews was conducted from the sample comprising of 365 hotel employees from the management and the associates categories to understand their views on the subject. The responses received were analyzed using frequency analysis & factor analysis.

The findings this research suggest that the highest rated areas on which the management of hotels should focus their employment practices are provision of "Work-Life Balance (Weekly offs, Holidays, Duty timings)” and "Monitory Benefits (Salary & Wages, Overtime, Incentives)”. The study failed to accept the null hypothesis and thus the alternative hypothesis that "Employment practices connected with work life balance and monitory benefits have a greater influence on employee productivity than other practices in the Hospitality Industry” is accepted.

##plugins.themes.academic_pro.article.details##

How to Cite
Peshave, M. A., & Gujarathi, R. (2014). Importance of Employment Practices Pertaining to Provision of Monitory Benefits & Work-Life Benefits in Boosting Employee Productivity in the Hospitality Industry. The International Journal of Science & Technoledge, 2(5). Retrieved from http://internationaljournalcorner.com/index.php/theijst/article/view/128134