EFFECT OF MOTIVATION ON EMPLOYEE JOB PERFORMANCE IN SELECTED DEPOSIT MONEY BANKS IN MINNA, NIGER STATE

Abstract

Motivation remains one major way of influencing employees to give their best performance in an organisation. This study examines the effect of motivation on employee job performance in selected deposit money banks in Minna, Niger State. The employers’ failure to identify and provide adequate compensation for hard work and even the casualisation of the staff is very demoralizing to working class and consequently reduced job performance. The focus of this study is to determine how intrinsic and extrinsic rewards techniques affect job performance in deposit money Banks in Minna. The population of the study consists of four deposit money banks in Minna, Niger State with the total number of one hundred and seventy-four (174) respondents while Taro Yamane technique was used to determine the sample size of one hundred and twenty-one (121) respondents. Questionnaire was used to generate the data and the hypotheses were tested using Kolmogorov Smirnov (K-S.) Z test. The result shows that both intrinsic and extrinsic rewards techniques have significant effects on job performance in deposit money banks in Minna.The study also revealed that extrinsic rewards technique motivates employees better than intrinsic rewards technique in deposit money banks in Minna. The study, therefore, recommends that managers have to encourage employees and try to enhance motivational techniques such as promotion and other fringe benefits on a regular basis to motivate them towards tasks. Management should also give equal treatment to all staff efforts in the organization and hard work should be rewarded accordingly.