ATTENTION:<\/strong><\/p>\n\n\n\n BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPICS BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!<\/strong><\/p>\n\n\n\n INFORMATION:<\/strong><\/p>\n\n\n\n YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COST N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR<\/strong><\/p>\n\n\n\n YOU CAN CALL: 08068231953, 08137701720, 09070569307, 08154275408<\/strong><\/p>\n\n\n\n WHATSAPP US ON: 08137701720<\/strong><\/p>\n\n\n\n THE IMPACT OF MONETARY INCENTIVE ON EMPLOYEE PERFORMANCE<\/strong><\/p>\n\n\n\n CHAPTER ONE<\/p>\n\n\n\n INTRODUCTION<\/strong><\/p>\n\n\n\n In recent times, managers and management researchers have long believed that organizational goals are unattainable without the enduring commitment of members of the organisation. It has been said that the workforce remains the most critical productive asset of any Organization. It is the human element that gives direction and dynamism to the organisation.<\/p>\n\n\n\n In fact, any organisation can only grow to the extent made possible by the Voluntary and creative application of the skills and expertise of its workforce. It is for this reason that the search ways and means of motivating the workforce for optimal organisational performance has more or less remained a cardinal concern of management since the<\/p>\n\n\n\n birth of industrial civilization.<\/p>\n\n\n\n Today, as in the early days of organizational history, managers often ask some fundamental questions: what can we do to motivate our workforce? What is the purpose of monetary incentive? No one yet has discovered a single Technique or gimmick that answers this question. <\/p>\n\n\n\n As many still ignore that fact that no organization can survive without its workers, and the workers themselves cannot be productive if their needs are not met.<\/p>\n\n\n\n Also, managers and management researchers have long believed that Organizational goals are unattainable without the enduring commitment of members of the organization.<\/p>\n\n\n\n Freeman (1998: 38-39) noted that organizations, emphasized increase in productivity without necessarily considering the needs of the workers. They are however, ignorant of the fact that organization cannot survive without its workers and the workers themselves cannot be productive if their needs may not be met.<\/p>\n\n\n\n Aluko, M.A. (2000: 32) asserted that workers should not be made to work as machines and tools whose presence in the organization is just to perform while emphasis is placed on productivity alone without thinking of what will drive the employee to put on his optimum best.<\/p>\n\n\n\n Stoner (1998:463) stated that monetary incentive is a human psychological characteristics, it includes the factors that cause channel and sustain human behaviours, monetary incentive deals with \u201cwhat make people think\u201d.<\/p>\n\n\n\n Aluko (2000:32) noted that the major monetary incentiveal factor is money, although we have seen that in Nigeria, money alone do not guarantee productivity.<\/p>\n\n\n\n Other non-monetary incentives such as price, job promotion, upgrading and advancement, job security and recognition go a long way to boost the morale of workers. If workers needs are satisfied, it might lead to an increase in productivity. However, every manager regardless of the size of the organization can incorporate monetary incentive into the work environment to stimulate and influence employee.<\/p>\n\n\n\n From the foregoing, since the study of monetary incentive is essential for organisational survival and growth, it is an attempt by this study to look at the effect of monetary incentive as a tool for increasing employee\u2019s efficiency. A study of selected bank in Nigeria.<\/p>\n\n\n\n Although much has been said and written on this topic, and the fact that the subject has been given increased in most organization especially in Guarantee Trust Bank and United Bank for Africa, one still finds out that productivity in most financial institution is low; it takes extra efforts for the staff to put on optimal performance.<\/p>\n\n\n\n In the light of the foregoing, the critical task of this research is to identify effective monetary incentiveal strategies that could propel and increase employee efficiency in Guarantee Trust Bank and United Bank for<\/p>\n\n\n\n Africa.<\/p>\n\n\n\n Also right from the beginning management of organizations has always been faced with the problem of how to motivate workers to greater performance with a view to increasing productivity. Even till now, the problem still persists in most organisations.<\/p>\n\n\n\n Therefore the problems posed by this study are:<\/p>\n\n\n\n Some banks record as much as 20% to 30% within a year.<\/p>\n\n\n\n The question then is, is labour turnover as a result of poor employee monetary incentive?<\/p>\n\n\n\n This study intends to:<\/p>\n\n\n\n productivity<\/p>\n\n\n\n The research seeks to answer the following:<\/p>\n\n\n\n performance?<\/p>\n\n\n\n performance of an employee?<\/p>\n\n\n\n The following research hypothesis shall be tested.<\/p>\n\n\n\n Ho: there is a relationship between monetary incentive and productivity<\/p>\n\n\n\n Hi: There is no relationship between monetary incentive and productivity.<\/p>\n\n\n\n Africa .<\/p>\n\n\n\n The study intends to cover Guarantee Trust Bank and United Bank for Africa, headquarter of the banks and selected branches within Lagos metropolis. The study is limited to effect of monetary incentive of employee as a tool in increasing employee\u2019s efficiency.<\/p>\n\n\n\n In the course of carrying out this study, a lot of challenges stood on our way, prevalent among these are:<\/p>\n\n\n\n vital information by some staff of the two banks.<\/p>\n\n\n\n Despite these challenges effort were made to carryout a thorough investigation on the study without impede on the exercise.<\/p>\n\n\n\n PRODUCTIVITY: This means output per unit of Labour input, it is the balance between all factors of production that will give the greatest output for the smallest effort (Freeman, 1998:38-39)<\/strong><\/p>\n\n\n\n HOW TO RECEIVE PROJECT MATERIAL (S)<\/strong><\/p>\n\n\n\n After paying the appropriate amount (#5,000) into our bank Account below, send the following information to any of the numbers below<\/strong><\/p>\n\n\n\n 08068231953, 08137701720, 09070569307, 08154275408<\/strong> (1) Your project topics<\/p>\n\n\n\n (2) Email Address<\/p>\n\n\n\n (3) Payment Name<\/p>\n\n\n\n OR you drop them on our WhatsApp, 08137701720<\/p>\n\n\n\n We will send your material(s) after we receive bank alert<\/p>\n\n\n\n BANK ACCOUNTS<\/strong><\/p>\n\n\n\n Account Name: AMUTAH DANIEL CHUKWUDI<\/p>\n\n\n\n Account Number: 0046579864<\/p>\n\n\n\n Bank: GTBank.<\/p>\n\n\n\n OR<\/p>\n\n\n\n Account Name: AMUTAH DANIEL CHUKWUDI<\/p>\n\n\n\n Account Number: 3139283609<\/p>\n\n\n\n Bank: FIRST BANK<\/p>\n\n\n\n FOR MORE INFORMATION, CALL:<\/strong><\/p>\n\n\n\n 08068231953, 08137701720, 09070569307, 08154275408<\/strong> <\/p>\n\n\n\n AFFILIATE LINKS:<\/a><\/p>\n\n\n\n easyprojectmaterials.com<\/a><\/p>\n\n\n\n easyprojectmaterials.com.ng<\/a><\/p>\n\n\n\n http:\/\/graduateprojects.com.ng<\/a><\/p>\n\n\n\n http:\/\/freshprojects.com.ng<\/a><\/p>\n\n\n\n http:\/\/info247.com.ng<\/a><\/p>\n\n\n\n projectstores.com.ng<\/a><\/p>\n\n\n\n projectgraduates.com.ng<\/a><\/p>\n\n\n\n projectgraduate.com.ng<\/a><\/p>\n\n\n\n igraduateprojects.com.ng<\/a><\/p>\n\n\n\n igraduateproject.com.ng<\/a><\/p>\n\n\n\n graduateproject.com.ng<\/a><\/p>\n\n\n\n iprojectgraduate.com.ng<\/a><\/p>\n\n\n\n iprojectgraduates.com.ng<\/a><\/p>\n\n\n\n i-graduateproject.com.ng<\/a><\/p>\n\n\n\n i-graduateprojects.com.ng<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPICS BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU! INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COST N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[255],"tags":[],"class_list":["post-65988","post","type-post","status-publish","format-standard","hentry","category-business-management"],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"admin","author_link":"https:\/\/easyprojectmaterials.com\/author\/admin\/"},"category_info":"BUSINESS MANAGEMENT<\/a>","tag_info":"BUSINESS MANAGEMENT","comment_count":"0","_links":{"self":[{"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/posts\/65988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/comments?post=65988"}],"version-history":[{"count":1,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/posts\/65988\/revisions"}],"predecessor-version":[{"id":65989,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/posts\/65988\/revisions\/65989"}],"wp:attachment":[{"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/media?parent=65988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/categories?post=65988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/easyprojectmaterials.com\/wp-json\/wp\/v2\/tags?post=65988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}1.1 BACKGROUND OF THE STUDY<\/h1>\n\n\n\n
1.2 STATEMENT OF THE PROBLEM<\/h1>\n\n\n\n
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1.3 OBJECTIVES OF THE STUDY<\/h1>\n\n\n\n
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1.4 RESEARCH QUESTIONS<\/h1>\n\n\n\n
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1.5 RESEARCH HYPOTHESIS<\/h1>\n\n\n\n
1.6 SIGNIFICANCE OF THE STUDY<\/h1>\n\n\n\n
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1.7 SCOPE OF THE STUDY<\/h1>\n\n\n\n
1.8 LIMITATION FOR THE STUDY<\/h1>\n\n\n\n
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1.9 DEFINITION OF TERMS<\/h1>\n\n\n\n
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