IMPACT OF FINANCIAL AND NON FINANCIAL INCENTIVES ON EMPLOYEE PRODUCTIVITY (A CASE STUDY OF GONGONI NIGERIA LIMITED)

Student: Yusuf Garba
Supervisor: Mr Babangida Sa'adu
HOD: Mr Garba Tsoho
Department of Business Administration and Management
Administration
Kano State Polytechnic, Kano, Kano State

Abstract

This research work titled the impact of financial and non financial incentives on employee productivity in Gongoni Nigeria Limited. The specific objectives are to determine impact of Salary on Employee productivity in Gongoni Nigeria Limited, to find out the impact of bonuses on Employee productivity in Gongoni Nigeria Limited, to examine the impact of recognition on Employee productivity in Gongoni Nigeria Limited and to ascertain the impact of promotion on Employee productivity in Gongoni Nigeria Limited. The study used descriptive research design. The target population and the sample of this consists of 75 Staffs. The regression analysis was used as the method of data analysis to analyzed the hypotheses under study, using SPSS Soft Ware varsion 22.0.Financial and Non-financial incentives are fundamental to the performance of the employees and organization. Findings of the study indicate that salaries, Bonus, promotions and recognition has the highest significant effect on employees’ productivity of Gongoni Nigeria Limited, Kano. It is concluded that financial and non-financial incentives have significant relationship on employees’ productivity of Gongoni Nigeria Limited, Kano state, Nigeria. Based on the objective of the study, findings and conclusion of the study, the following recommendations were offered: this would reinforce the organization’s expectations and goals since recognition and appreciation are integral components of winning reward strategy, The study also recommended that management should respond quickly and favorably to employees on the issue of salary which enable them to feel more competence in the organization and Adjustment in salaries, allowances, bonuses, leave benefits and affordable housing scheme should be encouraged. .

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