EFFECT OF NON-FINANCIAL COMPENSATION ON EMPLOYEE PERFORMANCE OF HORMUUD TELECOM, MOGADISHU, SOMALIA

Abstract

This project report is centered on Hormuud Telecom employees’ motivation and performance in Mogadishu, Somalia. In order to prepare for this project, a survey was conducted at one of our country's private companies, which provided valuable practical experience. It employs a sophisticated recruitment and screening procedure to find the top people. It creates a relationship between the heavy workload and the expected performance, enabling the right output growth to be monitored against the previously set performance benchmark. Employee motivation is measured through continuous coaching and decomposition at the time of performance allocation. It also assists in the measurement of outcomes by highlighting requirements for learning and development. It prepares for planning and execution meetings every three months, then evaluates and evaluates the performance of employees using a performance model. It gives direction so that the director may ensure that employees' performance and outcomes are in line with the organization's success, allowing them to gain a competitive advantage over their competitors. A technique of required remuneration and incentive for employees who succeed at their employment by satisfying a set of performance standards that is both methodical and ethical. It helps employees grow, assist, develop, and be directed, as well as identify the source of employee dissatisfaction.