REWARD SYSTEMS AND EMPLOYEE PERFORMANCE AT THE UNIVERSITY OF GHANA

ABSTRACT Reward management is one of the ways used by organizations for attracting and retaining suitable employees as well as helping them to improve their performance. This study was conducted at the College of Basic and Applied Sciences, University of Ghana. The purpose of this study was to determine the relationship between reward systems and employee performance at University of Ghana. Specifically, the study sought to determine the relationship between intrinsic and extrinsic rewards and employee performance as well as the effect of intrinsic and extrinsic rewards on employee performance. The study adopted descriptive design and utilized the quantitative research approach. Simple random technique was used to sample 169 out 300 senior staff of the College of Basic and Applied Sciences of the University of Ghana. Data was collected using questionnaires. Descriptive statistics (frequency tables, percentages) were used to present data. Data were analysed using SPSS 22 and SEM to generate the descriptive statistics as well as run the regression analysis which were mainly presented with the use of frequency tables and percentages. The findings of the study showed that both intrinsic and extrinsic rewards had a significant positive relationship with employee performance (β = 0.260, p