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A Study of Performance Based Premium System’s RoleIn Banking Sector

Author

Listed:
  • Özüm Eğilmez

    (Bilecik Seyh Edebali University)

  • Gözde Koca

    (Bilecik Seyh Edebali University)

  • Murat Koca

    (QNB Fi̇nansbank)

Abstract

The main purpose of this study is to examine the role of performance related payment / Premium system on employees in the banking sector. In this context, applying the selected scale it has been determined that general perception of Premium system and the difference in between the levels of department. The sample of the study consisted of 253 bank employees working in eight different departments in a private bank. Tests results indicate that there is a significant difference between the departments and statements: “I am generally satisfied with the Premium system applied in the institution” and “My individual efforts are noticed with the Premium system” as been presented and discussed with in the scope of the study.

Suggested Citation

  • Özüm Eğilmez & Gözde Koca & Murat Koca, 2020. "A Study of Performance Based Premium System’s RoleIn Banking Sector," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 35(114), pages 501-521, October.
    • Handle: RePEc:acc:malfin:v:35:y:2020:i:114:p:501-521
    DOI: https://doi.org/10.33203/mfy.654075
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    More about this item

    Keywords

    Premium System; Banking; Performance Related Payment; Motivation.;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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