Asia Pacific University Library catalogue

A thesis submitted in fulfillment of the requirement for the award of the degree of Master in Business Administration (UCMF1808MBA)

The idea of motivating employees through compensation benefits has been a major aspect of managers in the decision-making process. The Ministry of Agriculture and Fisheries of Oman has been on the search of understanding what compensation benefit can motivate its employees financially. Upon the consideration of financial incentives and moral incentives, the mode of offering financial incentives was set to be studied. It is every employee’s right in any sector to receive financial incentives that can aid in increasing their income despite moral incentives being applied. Financial stability has a great impact on employee performance because it helps to settle most of the employees’ bills. During the time of the study, the ministry had made several amendments and modified its employee engagements to accommodate everyone. Heads of sections and employees have been set on a program that can grant financial incentives regardless of the 2015 financial crisis through the various ways discussed in this research paper. Some of the ways that was discovered the ministry can use to offer financial incentives was through bonuses, salary increment, promotions, commissions, recognition, and appreciation, among others. Despite the ministry being held and run by the government, the public have a say on the manner operations take place. However, it benefits the public more than the government because employment opportunities are offered to the public, and the public consumes the produce from the ministyr before exporting the surplus. The government can also benefit through the growth of its GDP on the sale of the produce. The main reason for ascertaining the financial incentive factors is to consider whether the factors play a role in enhancing employee performance. The findings from the research indicated that financial incentives as compensation and benefits could fuel employee performance. Through the analysis, a chain of incentives was discovered, and the impact analyzed with obtained results being presented and discussed. In addition, the research offered suggestions on what the ministry should do in the future to increase financial incentives.