EFFECT OF MONETARY INCENTIVE ON WORKERS PERFORMANCE. (A CASE STUDY OF FEDERAL POLYTECHNIC, ADO EKITI.)

Student: Gbemisola Motunrayo Olabiyi
Supervisor: Mr Olanipekun Kazeem Adeniyi
HOD: Mrs Ogbogu Folasade
Department of Business Administration and Management
Business Studies
Federal Polytechnic, Ado-Ekiti, Ekiti State

Abstract

This research was undertaken to study the Effect of Monetary Incentive on the Performances of Workers. A case study of Federal polytechnic Ado-Ekiti. In all organization, productivity is beckoned on the design of its incentive visible to balance among various management levels. There are several incentive variables that could motivate people to work to their optimist level and when these variables are not there their productivity will be greatly affected. This may come in the form of a well packaged remuneration. Still others may not necessarily be motivated with a well packaged incentive scheme. In general data needs to achieve the objectives of the study, descriptive survey research design was adopted questionnaire was used as the major instrument for primary data collection. To broaden the researcher’s depth of knowledge in the study areas the researcher embarked upon review of related literature, with data draw from secondary sources. Data generated in the study was presented on frequently tables and analyzed using simple percentage while the hypothesis were tested with two (2) tests. Key words: Monetary Incentives, workers, performance. Word Count: 171

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