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Intangible rewards are the non-substantial rewards having no physical form. They include the appreciation, recognition and responsibility of work. Intangible rewards have no immediate liquid value but tends to have a deep link with the employees psychological needs. Intrinsic motivation is the innate psychological push to do something or engage in some action just for the thrill and pleasure of doing it. Organization-based Self-esteem on the other hand is the evaluation of self-worth in the organizational surroundings. It is the extent to which employees believe that they can fulfil their needs and wants by engaging in the organizational roles and feel worthy of the job and organization. This study was aimed to investigate the relationship between the intangible rewards and intrinsic motivation and examine the mediating role of OBSE in determining the relation between intangible rewards and intrinsic motivation. A field survey approach was used to evaluate these propositions. The research instrument used for this study was a survey questionnaire that was intended on gathering approximately 300 responses. Multiple linear regression and mediation analysis was employed by using Statistical Package for Social Sciences to test the theoretical framework. The hypotheses were accepted with sufficient evidence. However, the mediating role of Organization-based Self-esteem was supported partially. At the end, the future implications of the research and the recommendations for practitioners have been discussed.
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