The results of this study shows that the association of Monetary Reward and employee contribution is significant with (ρ=0.008) that is also consistent with previous research works. So, we accept null hypothesis.
The independent variables (factors of employee recognition perception) explain 73.7% of the variance in employee contribution. Beta value indicates that appreciation and performance appraisal contributes major portion of the of total employee contribution.
After analysing the data we can identify 2 factors- appreciation and performance appraisal that have most significant effect on employee contribution in the service sector. In future research we can identify some other factors.