Extrinsic Rewards Affecting Employee's Performance
INTRODUCTION
Background of the Study
According to Huczynski and Buchanan (2007) ,“Motivation” is “A sets of goals towards which human behaviour is directed; the process through which those goals are pursued and achieved and the social factors involved”. The types of motivation are intrinsic and extrinsic. “Intrinsic motivation is a psychological force that determines the way of a person’s behavior as a result of challenging or interesting work, giving autonomy to work, designed scope to develop skills, abilities, opportunity to develop and grow, etc. Extrinsic is also psychological force that determines behavioral change as a result of tangible and intangible benefit such as salary, fringe benefit and special awards” (Gareth and Jennifer, 2003). Business
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In what ways do motivation affects employees’ performance of GCB Ltd?
2. What is the effect of extrinsic rewards on employee‘s performance?
3. What is the effect of intrinsic rewards on employee‘s performance?
4. Does motivation affect productivity at GCB Ltd?
Research Hypothesis
The following hypotheses were tested in the study;
Hypothesis 1: Reward has a positive and significant influence on employees’ performance.
Hypothesis 2: Recognition has a positive and significant effect on employees’ performance.
Hypothesis 3: Promotion has a positive and significant influence on employees’ performance.
Hypothesis 4: Salary has a positive and significant effect on employees’ performance.
Hypothesis 5: Interesting work has a positive and significant influence on employees’ performance.
Hypothesis 6: Working environment has a positive and significant effect on employees’ performance.
Study Objective
The general objective of the study is to investigate the effect of motivation on employee performance at GCB Limited. The specific objectives are:
1. To determine which of these motivational factors influence staff performance at GCB
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