An Empirical Study on the Employees’ Job Performance in Leading Tyre Manufacturing Companies

Abstract

This research study was focused on one of the leading Tyre manufacturing companies in Sri Lanka which serves the local and the global market. In line with the annual report of the company, it can be observed that a sudden decrease in the profits since 2018. Management believes that the main motive for the profit reduction is the lack of job performance. Therefore, a systematic study was aimed to identify the internal determinant factors to the employees’ job performance of the company. The research was based on the mix methodology using structured questionnaire distributed among 80 employees of ABC Group of Companies. Rewards, trainings, motivation, and leadership style were considered as determinant factors which can contribute to the employees’ performance of the company. Descriptive statistics and correlations between dependent and independent variables were analysed using SPSS 23 and Microsoft Excel at 95% confidence level. Results show that motivation (r = 0.822) has strong positive correlation with the employee’s job performance while rewards (r = 0.411) indicate moderate association with the employee performance. Further, relationship between rewards and employees’ job performance as well as the relationship between motivation and employees’ job performance were statistically significant (p < 0.05). Hence it can be concluded that ABC Group of Companies should pay their attention on rewards and motivation practices carried in terms of remuneration, benefits package, promotion, recognition and working environment to uplift the employees’ performance in order to enhance the revenue of the organization. Moreover, implementation of a knowledge management system is suggested.