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Effect Of Non-monetary Incentives On Employees Performance
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1.3 Objectives of the Study
The main objective of this study is to
examine the effect of non monetary incentive on staff of Niyya food and
drinks Kaduna. Other Specific objectives are to: i. Assess whether
staff remuneration is based on incentive schemes that motivate them.
ii. Examine all financial incentives given to staff and their
effect on worker productivity. iii. Identify non financial
incentives used in boosting staff productivity. iv. Evaluate out the
constraints militating against incentive scheme Niyya Food and drinks
and make recommendations to the identified problems.
1.4 Significance of the Study
This
study brings to light the effect of non monetary incentives on staff
performance in organization. The study may therefore be beneficial to
the organization understudy in area of policy formulations as regard
staff incentive schemes and remuneration. To education, the study may
contribute to already existing knowledge on the effect of financial and
non financial incentives on workers’ performance. Finally, to those in
academics and human resource researches, the study may serve as a
springboard for further investigations.
1.5 Research Questions
This
study provide answers to the following research questions: i. Is
Niyya Food and drinks limited’s remuneration based on incentive scheme
that motivate staff performance? ii. What kind of financial
incentive do Niyya food and drinks give to its workers and what are
their effect on workers productivity? iii. What kind of non
financial incentive do Niyya food and drinks use to boost workers
productivity? iv. What are the constraints militating against Niyya
Food and drinks incentive scheme and how can these constraints be
overcome?
1.6 Scope of the Study
The study covers an empirical
investigation of the effect of non monetary motivation on staff
productivity in Niyya Food and drinks. The main scope and time frame for
this investigation covers Niyya Food and drinks incentive schemes from
2006-2011.
1.7 Definition of key Term
The key terms below were used in this study Financial Incentives: Monetary reward or compensation use to motivate workers.
Non Financial Incentives: Other incentives apart from monetary rewards.
Performance Incentive: Rewards that motivates worker to put in more efforts.
Productivity: The rate at which employee work and their yield in their organization.
Adequate
Motivation: These are factors (familiarity, concern and driving force),
which exist or are provided in a work situation either physically or
psychologically which determine the input and productivity level of the
worker.
Implication of Motivation: The term could be defined as the
work disposition of an employee, which affects the mode of doing his
work. Intimacy: Intimacy or Familiarity could be described as the
feeling of warmth and friendliness based on interpersonal relationship
among people.
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