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A subjective analysis of the drivers of workplace productivity beyond basic compensation at multi-national corporations in Ireland

Mangan, Robert (2021) A subjective analysis of the drivers of workplace productivity beyond basic compensation at multi-national corporations in Ireland. Masters thesis, Dublin, National College of Ireland.

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Abstract

The purpose of this dissertation is to research the drivers of productivity for employees of multi-national corporations (MNCs) in Ireland with a specific focus on the influence of industry competition, employee happiness and financial reward on productivity. This research tests two hypotheses. First, firms which value employee well-being and reward performance achieve greater productivity and second, employees of firms in highly competitive industries feel more pressure to be productive.

The research applied a quantitative method of nonexperimental probabilistic correlational design research to 112 surveys from MNC employees to measure the extent to which the external factors of competition, employee happiness and financial reward influenced the participants productivity. Although all three variables were shown to increase productivity the findings suggest that employee happiness is the most significant influencer of productivity. Additionally the 24 Likert scale questions used in the survey were validated using a Cronbach Alpha test and scored 0.754 which a high reliability score.

Pearson’s product moment correlation tests were conducted on the independent variables (reward, happiness and competition) and the dependant variable (productivity). The test showed a positive relationship between each of the independent and dependant variables. Additionally, an unpaired independent two samples t-test was conducted to identify differences in responses from participants with both MNC and domestic experience versus those solely with MNC experience. The result of that test shown no significant difference between the two groups.

The first hypothesis is accepted since the findings showed that participants valued all forms of reward including financial reward, promotion and benefits and each was shown to have a significant influence on increasing productivity when tested. The second hypothesis cannot be accepted since there were inconsistent responses from participants on the topic of competition which is reflected in the test findings.

Item Type: Thesis (Masters)
Subjects: D History General and Old World > DA Great Britain > Ireland
H Social Sciences > Economics > Microeconomics > Production (Economic theory) > Industrial productivity > Labor productivity
H Social Sciences > HD Industries. Land use. Labor > Specific Industries > Multinational Industries
Divisions: School of Business > Master of Science in Management
Depositing User: Clara Chan
Date Deposited: 14 Feb 2022 17:33
Last Modified: 14 Feb 2022 17:33
URI: http://norma.ncirl.ie/id/eprint/5437

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