REWARD SYSTEM AND BUSINESS GROWTH OF SELECTED DEPOSIT MONEY BANKS IN EDO NORTH

This study examined Reward system and business growth in selected deposit money banks in Edo North. The study adopted the descriptive research design. This study used the primary method of data collection. The primary data for this study was collected using structured questionnaires. The population of the study consists of staff of the Bank in Edo State, Nigeria. Stratified random sampling technique was used in selecting staff of First Bank Plc, Auchi, Edo State. The researcher used descriptive statistics and inferential statistics to analyze data. Statistical Package for Social Sciences (SPSS Version 2.0) was used to generate the statistical output. Based on the statistical test used in the testing of the hypotheses, it was revealed that; Salary significantly affects employees productivity of deposit money banks in Edo State. Incentives positively affect employees productivity of Deposit Money Banks in Edo State; There is no significant relationship between staff promotion and employee performance of Deposit Money Banks in Edo State. In line with the findings of the study, the study recommends that Organization should endeavour to provide adequate salary and welfare packages for employees so as to increase their productivity. Management should not delay in promoting deserving employees as this may lead to total discouragement in working towards the organization success.