Effect Of Reward Management On Employee Performance: A Case Study Of Centenary Bank, Kabalagalabranch

ABSTRACT

This study took to carry out an investigation on Reward management and Employees'

Perfmmance in Centenary bank, Kabalagala branch. The objectives of the study were to

determine the forms of reward and the levels employees' performance in Centenary bank,

Kabalagala branch and to establish whether there was a significant relationship between the

reward system as the independent variable and employees' performance as the dependent

variable. The study employed descriptive correlational study design which involved both

qualitative and quantitative approaches. With regards to this method, the researcher used a

stmctured questionnaire which was based on simple and understandable questions. Responses

from the 67 sample size respondents suggested that the levels of reward system and employee

performance were relatively lower than the standard expected. The researcher found out that

though some strides have been made in improvement of the reward system, still there are a

couple of challenges which hamper the performance of the employees. As a result the

employees' performance has remained to be significantly low. It was also established that

there was indeed a causal relationship between reward system adoption and employees'

performance which stood at 0.793 on the Pearson Correlation scale which was interpreted as

positive and strong relationship. The researcher suggested that it has become imperative that

there must be significant improvement on the reward system with special focus on

promotions, career opportunities, financial rewards, recognition and relationship[s/

affiliations. This according to the researcher would help improve the employees' performance by a great deal.