REWARD MANAGEMENT AND EMPLOYEE PERFORMANCE: A CASE STUDY OF NIGERIAN BREWERIES ABA, ABIA STATE, NIGERIA

This study examined reward management and employee's performance in Nigeria Breweries Aba Abia state. The objectives of this study were to: examine the relationship between Reward Management and employee performance, assess the effect of extrinsic rewards (salary, bonus and promotion) on employee performance and to assess the effect of intrinsic rewards (praise and recognition) on employee performance. To achieve this objectives a survey design was adopted. The population of the study was three hundred and fifty (350) and Taro Yamane formula was used to drive the sample size of one hundred and sixty-seven (167) which was used for the study. Chi-square ($X^2$) statistical technique was used to test the hypotheses and the findings revealed among other that; There is an association between rewards system and works performance; Extrinsic rewards (salary, bonus and promotion) affect workers performance and Intrinsic rewards (praise and recognition) affect workers performance. The study concluded that success or failure of an organization depends on leadership and type of reward management system that is embarked in the organization. The study recommended among others that managers should ensure that they provide the needed motivation, compensation or remunerate that will spur employees to act towards improving their task performance.