In all organization, productivity is beckoned on the design of the incentive variation given to workers and management. There are different types of incentives that could motivate people to work to their optimal level and when these incentives are not there, their productivity will greatly be affected. Therefore, the researcher from his findings made this recommendation that monetary incentives should adopted other than other types of incentives for effective performance in an organization. The researcher investigated the following research problems by trying to find out the factors that encourage effective behaviour among employees, investigated the effectiveness adequacy and relevant of effective scheme in overall performance of the individual workers and so on. In generating data needed for the study, descriptive survey research design was adopted, questionnaire was used as the major instrument for primary data collection. To widen the researchers depth of knowledge in the study area, the research embarked upon review of related literature with data drawn from secondary sources. It was realized at the end of the research work that most organizations cannot get the best out of their workers or attain their organizational goals and objectives because of absent of monetary incentives, workers are not allowed to join in deciding affairs that concerns them. The study concluded that monetary incentives make the workers satisfied with treatment given to them by the organization in order to achieve its goals, targets and objectives in a very short time.
TABLE OF CONTENT
Title pageii
Approval pageiii
Dedicationiv
Acknowledgementv
Abstractvi
Table of Contentvii
CHAPTER ONE:
INTRODUCTION
Background of the study1
Statement of the problem6
Objectives of the study7
Research Questions 8
Research Hypothesis 9
Significance of the study 9
Scope of the Study 10
Significance of the study12
Limitations of the Study13
Definition of Terms 14
CHAPTER TWO:
REVIEW OF RELATED LITERATURE
Overview of Monetary Incentives13
Concept of Incentive Scheme 17
Employees Response to Employers Incentives 18
Motivation and Employee Performance 24
Evidence Regarding the Effects of Monetary Incentives on Effort and Performance29
CHAPTER THREE:
RESEARCH DESIGN AND METHOD
Research Design 34
Area of the study35
Population of the study 36
Sample size and Sample Techniques37
Instrument for Data Collection 38
Validity of Instrument 38
Reliability of Instrument 38
Method of Data Collection39
Method of Data Analysis 39
CHAPTER FOUR:
PRESENTATION AND ANALYSIS OF DATA
Presentation and Analysis of Results 40
Test of Hypothesis 46
CHAPTER FIVE:
FINDINGS, CONCLUSION AND RECOMMENDATIONS.
Findings51
Conclusion 52
Recommendations53
Implication for Research Finding55
Suggestion for Research Finding55
References
Appendix
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ABSTRACT This research was undertaken to study the Effect of Monetary Incentive on the Performances of Workers in an Organization. A case study of IMT Enugu. In all organization, productivity is beckoned on the design of its incentive visible to balance among various management levels. There are several incentive variables that could motivate... Continue Reading
ABSTRACT This research was undertaken to study the Effect of Monetary Incentive on the Performances of Workers in an Organization. In all organizations, productivity is beckoned on the design of its incentive visible to balance among various management levels. There are several incentive variables that could motivate people to work to their... Continue Reading
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ABSTRACT In all organisation, productivity is beckoned on the design of its incentive variables to balance various management levels. There are several incentive variable that could motivate people to work to their optional level and when these variables are not there, their productivity will greatly affected. This may come in the form of a will... Continue Reading
ABSTRACT In all organisation, productivity is beckoned on the design of its incentive variables to balance various management levels. There are several incentive variable that could motivate people to work to their optional level and when these variables are not there, their productivity will greatly affected. This may come in the form of a will... Continue Reading