Impact of Salaries and Financial Incentives on Job Stability at Al-Basr International Foundation (Makkah Eye Hospital - Sudan)
Saad Mohamed Ahmed Ali, PhD
Abstract
Abstract: Employee stability is a very critical issue for organizations to retain their best talented, experienced, and skilled employees with them. Therefore, the aim of this paper is to investigate the relationship between salaries and financial incentives offered to employees and the employees' job stability. For this purpose, an empirical study was conducted in a Sudanese hospital. In this study deductive approach, analytical and descriptive methods were used. Data was largely collected with a questionnaire; interviews and observation were also used to confirm collected data. A simple closed-ended questionnaire divided into two sections, section (1) to collect demographic data about the sample population (gender, age, ..ect) and section (2) consist of 20 questions to help the respondent answering how strongly he/she agrees or disagree to each statement. The results of the empirical study show that there is a significant relationship between salaries and financial incentives and job stability. The findings suggest that offering adequate salaries and financial incentives can result in a better job stability, commitment and performance.
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