IMPACT OF INTRINSIC REWARDS ON EMPLOYEE RETENTION IN MCB BANK

Abstract

Purpose: Service sector in Pakistan is always been a milestone in the economic development and among the financial market, banking sector is one of the fastest growing sector, which is providing quality service to the customer and fulfilling the ultimate goal of bank. Comparing with the other financial sectors of Pakistan, we can easily see that banking sector is one of most powerful sectors and Karachi is the hub of all main monetary activities in Pakistan. Banking sector is the fastest growing sector and is growing with continuous and remarkable rate. The main reason for this is that, in banking sector, employees are considered as an asset of an organization. Banking sector always try to discover the factors that satisfy their employees in an effective manner while keeping in view organizational aims and goals. The main objective of my research is to find out the impact of intrinsic rewards on employee retention in MCB bank Karachi.