Incentives Usage as a Motivational Tool : Case: The Nigerian Banking Sector
Ogunmuyiwa, Adeshola (2013)
Ogunmuyiwa, Adeshola
Seinäjoen ammattikorkeakoulu
2013
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201305087268
https://urn.fi/URN:NBN:fi:amk-201305087268
Tiivistelmä
The essence of this thesis is to ascertain the usage of incentives as a motivational tool using the Nigerian banking sector as a case study. Questionnaires were sent to employees in this sector and their responses were critically analysed and related to the theories.
The research methodology was primarily quantitative, but also qualitative features were adopted in the thesis. Of related motivational theories, the Process and the Content Theories were adopted. Incentives usage as a motivational tool goes a long way in determining the outcome of a particular project.
The study brought out the fact about how the usage of incentives as a motivational tool can enhance the productivity of an organization. The questionnaire also allows the respondents to give their opinions outside the box (options), thereby stating the positive impact and absence of incentives as a motivational tool at various
banks in Nigeria. The responses were analysed with the use of charts.
In conclusion, the researcher of this study recommends that incentives should be encouraged in the Nigerian banking sector and employees should be promoted in due time, so as to improve productivity and to increase profitability.
The research methodology was primarily quantitative, but also qualitative features were adopted in the thesis. Of related motivational theories, the Process and the Content Theories were adopted. Incentives usage as a motivational tool goes a long way in determining the outcome of a particular project.
The study brought out the fact about how the usage of incentives as a motivational tool can enhance the productivity of an organization. The questionnaire also allows the respondents to give their opinions outside the box (options), thereby stating the positive impact and absence of incentives as a motivational tool at various
banks in Nigeria. The responses were analysed with the use of charts.
In conclusion, the researcher of this study recommends that incentives should be encouraged in the Nigerian banking sector and employees should be promoted in due time, so as to improve productivity and to increase profitability.