Effects of reward system on employees performance in an organization (a study of Guaranty Trust Bank plc) Department: Business Administration and Management By: AdeleyeJoshua Project ID: 6302 Rating: (5.0) votes: 1Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe study focus on the effects of reward system on employee performance in an organization using Guaranty Trust Bank Plc as the case study. The objective of the study is to examine whether reward system has a positive impact on organizational productivity and to investigate if reward system can be used to maintain organizational staff. The researcher used survey method of research design, primary and secondary data were used which includes the use of questionnaires for data collection. The population of the study comprises the management and staff of the organization under study which is 700 and the sample size of 255 was determined using Tairo Yamani’s formula. And chi-square method was used to test the statement of hypothesis earlier formulated. On this note, the findings revealed that reward system has a positive impact on organizational productivity and that rewards system can be used to maintain organizational staff. To this end, it was recommended that the management should Keep on giving incentives in the appropriate time and not delay them in order not to lessen the goal of the incentives. Supporting the concrete incentives in the primary bonus commission due to the role that such incentives play in finding many solutions to some social and financial problems that may face the employees. ...Preview Download Preview +Other Business Administration and Management project topics and materials you might be interested in»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)