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The Use Of Performance Appraisal And Reward System In Enhancing Employee Performance In An Organisation
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1.4 OJECTIVES OF THE STUDY
This research work which studies the use
of appraisals and reward system in enhancing employee performance in
Nestlé Nigeria PLC aims at establishing the different reward systems
especially the ones used in the above company and how they are adapted
by the company to fit their targets and corporate missions and vision.
It
also describes the processes of application of this system and how they
are fitted for the best outcomes. Sometimes a reward system can end up
making the employees lazy and complacent thereby defeating the aim of
its establishment in the first place. It also measures, statistically,
how much this system has gone into improving the employee performance of
the company from the time of its adoption.
1.5 SIGNIFICANCE OF THE STUDY
The
significance of this work goes beyond its immediate objective of
studying and enumerating reward systems and performance appraisal. It
sheds light on the human resources myths that have grown moribund and
proffers feasible and viable methods of incentives. This work is also
important in terms of understanding the minds of the average corporate
and public employees and show the factors that affect them the most.
1.6 RESEARCH HYPOTHESIS
The
assumption in this case study of Nestlé Nigeria PLC is that performance
appraisal and reward systems bear greatly upon employee performance in
the company.
1.7 SCOPE OF THE STUDY
The manifestations and
influences of performance appraisal and reward systems discussed here
only focuses on Nestlé Nigeria PLC and attention is given more on the
systems they adopt and how they have come to boost employee performance
over time.
1.8 LIMITATIONS OF THE STUDY
Time and space have so
far, in the course of this research work conspired to exacerbate and
increase the research effort that was put into this work. The time frame
allocated to a research of this kind proved insufficient in the face of
the work load and literature to be reviewed for this study.
1.9 DEFINITION OF TERM
Reward System
This refers to the systems adopted by an organisation to reward good work input and diligence of its employee.
REFERENCES
Entrepreneur
Media Inc..“ Growth Strategies: the Best Ways to Reward Employeesâ€.
Entrepreneur Media Inc. 2017. Web. 30 July 2017.
https://www.entrepreneur.com/article/75340
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