REWARDING PROGRAMS AND EMPLOYEE MOTIVATION IN FOOD INDUSTRY IN THAILAND: THE CASE OF CP ALL & FOOD PASSION

  • Irina V. Onyusheva Stamford International University, Bangkok
  • Ricky Suherman Stamford International University, Bangkok
  • Mintra Unsuwan Stamford International University, Bangkok
Keywords: employee motivation, recognition and rewards, employee satisfaction

Abstract

The paper is devoted to rewarding programs and employee motivation in food industry in Thailand. It is explored the relationship between the reward programs practiced by companies in Thailand and their employees’ motivation and/or job satisfaction. The interesting reward programs of CP ALL Company Limited and Food Passion Company Limitedhave been chosen to be analyzed in this research. Strengths and weaknesses of each are identified, as well as threats and opportunities of the recognition and reward programs. External factors that may prevent companies to reward their employees are also analyzed, and last but not least the cause and effect diagram will be observed. Moreover, the research paper also covers the countermeasures of the hurdles that companies might face.

Author Biographies

Irina V. Onyusheva, Stamford International University, Bangkok

Dr., Prof., Stamford International University, Bangkok, Thailand

Research Interests – economics, strategic management, formation, ensuring and increasing economic competitiveness on both micro- and macro- levels; human capital development; HR Management; knowledge economy; knowledge management; project management; management in education

Ricky Suherman, Stamford International University, Bangkok

MBA, Stamford International University, Bangkok, Thailand

Research Interests – international business management; hospitality management

Mintra Unsuwan, Stamford International University, Bangkok

MBA, Stamford International University, Bangkok, Thailand

Research Interests – international business management; strategic management

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Published
2022-05-30
How to Cite
Onyusheva, I., Suherman, R., & Unsuwan, M. (2022). REWARDING PROGRAMS AND EMPLOYEE MOTIVATION IN FOOD INDUSTRY IN THAILAND: THE CASE OF CP ALL & FOOD PASSION. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (3(34), 106-118. https://doi.org/10.35678/2539-5645.3(34).2022.106-118