“DRIVING PRODUCTIVITY: EXPLORING THE LINK BETWEEN INCENTIVES AND ENGAGEMENT IN ASSAM’S JUTE MILLS”

Abstract

Abstract: This research investigates the intricate relationship between incentive systems and employee engagement in Assam’s jute mills. Through a comprehensive analysis of both financial and non-financial incentives, the study uncovers nuanced insights into employee attitudes and preferences. While financial incentives fall short of igniting engagement, non-financial incentives emerge as powerful drivers of productivity and satisfaction. The findings underscore the imperative for strategic realignment of incentive practices to bridge the gap between employee expectations and organizational offerings. By tailoring incentive strategies to diverse demographic groups and adopting a data-driven approach for continuous optimization, organizations can enhance employee motivation and organizational performance. This study contributes valuable empirical evidence to the field of HRM, informing practitioners and policymakers about the efficacy of incentive systems in industrial settings.