THE EFFECTS OF MONETARY INCENTIVE ON WORKERS PERFORMANCE IN NIGERIA ORGANIZATION (A CASE STUDY OF FIRST BANK PLC, ENUGU)

ABSTRACT
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 Incentives               13
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 Performance              29

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
Recommendations                      53
Implication for Research Finding55
Suggestion for Research Finding55
References
Appendix

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APA

Kings, S. (2018). THE EFFECTS OF MONETARY INCENTIVE ON WORKERS PERFORMANCE IN NIGERIA ORGANIZATION (A CASE STUDY OF FIRST BANK PLC, ENUGU). Afribary. Retrieved from https://afribary.com/works/the-effects-of-monetary-incentive-on-workers-performance-in-nigeria-organization-a-case-study-of-first-bank-plc-enugu-4521

MLA 8th

Kings, Solomon "THE EFFECTS OF MONETARY INCENTIVE ON WORKERS PERFORMANCE IN NIGERIA ORGANIZATION (A CASE STUDY OF FIRST BANK PLC, ENUGU)" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-effects-of-monetary-incentive-on-workers-performance-in-nigeria-organization-a-case-study-of-first-bank-plc-enugu-4521. Accessed 28 May. 2024.

MLA7

Kings, Solomon . "THE EFFECTS OF MONETARY INCENTIVE ON WORKERS PERFORMANCE IN NIGERIA ORGANIZATION (A CASE STUDY OF FIRST BANK PLC, ENUGU)". Afribary, Afribary, 29 Jan. 2018. Web. 28 May. 2024. < https://afribary.com/works/the-effects-of-monetary-incentive-on-workers-performance-in-nigeria-organization-a-case-study-of-first-bank-plc-enugu-4521 >.

Chicago

Kings, Solomon . "THE EFFECTS OF MONETARY INCENTIVE ON WORKERS PERFORMANCE IN NIGERIA ORGANIZATION (A CASE STUDY OF FIRST BANK PLC, ENUGU)" Afribary (2018). Accessed May 28, 2024. https://afribary.com/works/the-effects-of-monetary-incentive-on-workers-performance-in-nigeria-organization-a-case-study-of-first-bank-plc-enugu-4521