ASSESSMENT OF ORGANISATIONS INCENTIVES IN ENHANCING EMPLOYEES’ PERFORMANCE IN NIGERIA: A STUDY OF OBAFEMI AWOLOWO UNIVERSITY, ILE-IFE, OSUN STATE.

Authors

  • MICHAEL. A BALOGUN University of Benin
  • OSAGIE JOSEPH EGHAREVBA University of Benin

Keywords:

Employees, organization, University, incentives, performance

Abstract

The paper assessed the impact of incentives in enhancing employee’s performance in Obafemi
Awolowo University, Ile-Ife, Nigeria. It examined the type of incentives (monetary and nonmonetary)
adopted in the institution; assessed the quality/quantity of incentives given to staff;
determine employees’ involvement in designing the incentives. In all, five hundred (500) sample
respondents were drawn from both academic and non-academic staff of the University. Data were
gathered and analyzed through simple percentage. The findings revealed that the quality/quantity
of incentives given to the staff, the type of incentives, and the employees’ involvement in designing
the incentives, all have significant impact on employee’s performance and motivate them to put in
their best towards the achievement of University goals. Based on these findings, the paper
recommended that the Management of Obafemi Awolowo University should continue to improve
on employee’s incentives regarding their benefits; the employees should continue to be part of
incentive package development. It also recommended that incentives should be given according to
the level of employee’s performance to encourage competition/performance amongst employees

Author Biographies

MICHAEL. A BALOGUN, University of Benin

Department of Sociology & Anthropology
Faculty of Social Sciences
University of Benin, Edo State, Nigeria.

OSAGIE JOSEPH EGHAREVBA, University of Benin

Department of Social Work, Faculty of Social Sciences
University of Benin, Benin City, Nigeria.

Published

2020-01-01