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 people to work to their optimist level and when these variables are not there their productivity will be greatly effected. This may come in the form of a well packaged remuneration. Still others may not necessarily be motivated with a well packaged incentive scheme.
In general data needs to achieve the objectives of the study, descriptive survey research design was adopted questionnaire was used as the major instrument for primary data collection. To broaden the researchers depth of knowledge in the study areas the researcher embarked upon review of related literature, with data draw from secondary sources. Data generated in the study was presented on frequently tables and analyzed using simple percentage while the hypothesis were tested with two (2) tests.
INTRODUCTION
Sometimes one wonders why some people perform more than others on the job or why people work hard. Man in his natural form is lazy and always tries to gratitude toward his comfort zone unless some kind of forces or situations confront him. It is this force or situation that arouses his desire or more out of this comfort zone in order to avert negative consequences or reap a positive reward as the case may be. This force or situation now becomes the motive for his working towards his set target (motivating factor).
Wole Adewunmi (1992) defined motivation as “the inner stimulus that induces one to behave the way he does. It has to do with inner states that energizes activities of moves and therefore directs behaviour toward goals,
In an organization, productivity is beckoned on the design of its incentives variable to balance among various management levels.
There are several incentive variable that could motivate people to work to their optimal level and when these variables are not there, their productivity will be greatly affected. This may come in the form of a well packaged remuneration. Still others may not necessarily be motivated with well packed incentive scheme. The group believe that money is not everything. People work for either intrinsic or extrinsic rewards. Extrinsic rewards include the figure pay proportion, controlled by other people. Intrinsic reward on the other hand include the feelings of accomplishment of task and is administered by the individual doing the task.
TABLE OF CONTENTS
TITLE PAGE
APPROVAL PAGE
DEDICATION
ABSTRACT
TABLE OF CONTENT
LIST OF TABLES
LIST OF FIGURES
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
1.2 Statement of the Study
1.3 Purpose of the Study
1.4 Scope of the Study
1.5 Research Hypothesis
1.6 Significance of the Study
1.7 Limitations of the Study
1.8 Definition of Terms
References
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 The Meaning of Incentive and Productivity
2.2 The Importance of Incentive in the Productivity of Workers
2.3 Directly Related Lit. On (Incentive Productivity)
2.4 The Concept of Incentive Scheme
2.5 Type of Incentive Scheme
2.6 IMT Incentive Scheme
2.7 The Effect of Incentive on Workers Productivity in IMT
2.8 Summary of the Review of the Related Literature
References
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design
3.2 Scope of the Study
3.3 Population of the Study
3.4 Sample Size and Sampling Process
3.5 Instrument of Data Collection
3.6 Method of Data Collection
3.7 Method of Data Analysis
References
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.0 Data Presentation and Analysis
4.1 Pr3sentation and Analysis of Data
4.2 Testing of Hypothesis
4.3 Summary of Results
References
CHAPTER FIVE
DISCUSSION RECOMMENDATION AND CONCLUSION
5.0 Discussion Recommendation and Conclusion
5.1 Discussion of Result/Finding
5.2 Conclusion
5.3 Implication of Research Findings
5.4 Recommendations
BIBLIOGRAPHY
APPENDIX 1
APPENDIX II
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