REWARD SYSTEM MANAGEMENT AND EMPLOYEE PERFORMANCE IN NIGERIAN PUBLIC ENTERPRISES: A STUDY OF NIGERIAN TELEVISION AUTHORITY ILORIN
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Date
2017
Journal Title
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Volume Title
Publisher
Department of Business Administration, University of Ilorin, Ilorin, Nigeria
Abstract
A reward system is seen to be thriving only when the employees concerned construe its guidelines as fairly handled, consistent, and relevant. Therefore, this study seeks to examine whether or not reward system management play any role on employees' job performance in Nigerian public enterprises. The specific objectives of the study were to: (i) determine the relationship between elements of reward management system and employees' job performance and to (ii) examine the extent to which intrinsic and extrinsic reward influences employees 'job satisfaction. The study adopted a survey research design through the use of a well-structured questionnaire to elicit the needed information from the respondents. The study adopted a census approach by using the total population of 78 staff of the organisation. Correlation and Multiple regression analysis were used to test the formulated hypotheses. The result of the correlation analysis revealed that strong and significant relationship exist between elements of reward management system and employees' job performance; and that intrinsic and extrinsic rewards have significant influence on employee 's job Satisfaction (R Square of 0.635, p-value=0.0001). The study concluded that reward management system elements have significant relationship as well as good influence on employees' job performance and that intrinsic and extrinsic rewards have significant influence on employee's job Satisfaction. The study therefore recommended that government Should make very serious policies regarding the provision of rewards and welfare packages for employees of the government owned telecommunication organizations if the purpose that calls for their establishment are to be achieved.
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Keywords
Reward system, Employee performance, Public enterprises, Intrinsic and extrinsic reward, Job satisfaction.
Citation
6. Amosa, J.R, Omolabi, I. & Suleiman, A.A. (2017). Reward System Management and Employee Performance in Nigerian Public Enterprises: A study of Nigerian Television Authority Ilorin. Advances in Management Journal. 16 (2); 203-223, Published by Department of Business Administration, University of Ilorin, Ilorin, Nigeria