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Does 401k Benefits Affect Employee Performance

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| Does a 401K Benefit Affect Employee Performance? | Week 5 (Research Paper) |

By: Jasmine Branch.
11/7/2014
|

Executive Summary:

My research paper provides an analysis of the current affects on work performance, and employee motivation with regard to employee benefits with a focus on 401(k) options. The methods of analysis include survey observations, articles read, and peer communication information received. All references can be found in the reference section as noted. Results of the information received show that employees are typically motivated by incentives given to them, those incentives do include the 401(k) option. The report finds that employees are motivated as well as feel more valued when employers extend the 401(k) option to them as well as a range of other benefits at the employers discretion. The report also thoroughly explains what motivation is and how it is manefested in the workplace to adhere to the topic as mentioned. Some limitations include studies that included 401(k) option discussions but not enough information to determine whether or not this option affected work performance. Known results are based on an overall review of the studies as they pertained to employees receiving benefits as well as how they felt after receiving those options.

In business, employee satisfaction is a major factor in the success of the business. Employee satisfaction translates to customer satisfaction, which affects retention of customers and their probability of their referral of services. The American public has identified customer service as a major factor in returning to a business. Whether food industry, retail, financial services or car service, customers want to be treated in a professional, courteous, and respectful manner. To this end, maintaining high customer service standards is key to employers. Offering

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