Reward Systems and Employee Retention in the Kwara State General Hospital, Ilorin
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Date
2026-03-18
Journal Title
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Volume Title
Publisher
Centre for Management and Leadership Ilorin, University of Ilorin, Nigeria.
Abstract
Reward systems have emerged as one of the contentious issues of concern in the Nigerian healthcare sector, particularly in the resource- constrained settings such as the Kwara State General Hospital, Ilorin. Many institutions in similar contexts face persistent challenges related to staff motivation, engagement, and employee turnover. This study therefore investigates the relationship between reward systems and employee retention in the Kwara State General Hospital, Ilorin. Data were collected through administered questionnaire. The target population consisted of 319 hospital staff. Using Krejcie and Morgan (1970) for sample size determination formular, a sample size of 175 respondents was used for the study. The study used stratified random sampling to ensure representativeness across staff categories. Data was analyzed using SPSS version 22.0. Multiple regression analysis was conducted to evaluate the effect of reward systems on employee retention. The results indicated that financial rewards had a significant effect on employee job satisfaction (R2 =0.806; p < 0.05), and that Nonfinancial reward also exhibited a statistically significant influence on employee engagement with (R2 =0.266; p < 0.05). The study concluded that reward systems both financial and nonfinancial play a significant role in enhancing employee retention in the healthcare sector. It recommended that management of Kwara State General Hospital should institutionalize a comprehensive reward systems as a strategic measure to boost employee retention in the intuition.
Description
Keywords
Employee Retention, Financial Rewards, Non-financial rewards, Healthcare Sector, Reward System
Citation
Aremu, N. S., Peleowo, T. K.& Abogunrin, A. P. (2026). Reward Systems and Employee Retention in the Kwara State General Hospital, Ilorin. Ilorin journal of Management and Leadership (IJML). 1(1). 64-74, Published by Centre for Management and Leadership Ilorin, University of Ilorin, Nigeria.