THE IMPACT OF MONETARY INCENTIVE ON ORGANIZATIONAL PERFORMANCE ; CHM

DepartmentBusiness Administration and Management

Amount₦7,000.00

ABSTRACT In all organization, productivity is beckoned on the design of its incentive variable to believe among various management levels. These are several incentive variable that could motivate people to work to their optional level and when these variables ore not there, their productivity will be greatly affected. This may come in the form of a well packed remuneration. Still others may not necessarily be motivated with a well package incentive scheme. The group believes that money is not everything”. First Bank Nigeria plc is not an exceptional. In generating data needed to achieve the objectives of the study, descriptive survey research design was adopted. Questionnaire was used on the major instrument for primary data collection. To broaden the researcher depth of knowledge in the study area the researcher embarked upon review of related literatures with data drawn from secondary source. Data generated in the study was presented on frequency table and analyzed using simple percentage.       Finally, the study concluded that monetary Incentive makes the workers to be satisfied with the treatment given to them, the organization will achieve its goals, targets and objectives in a very short time.




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