REWARD SYSTEM AND ITS IMPACT ON EMPLOYEE PERFORMANCE (A STUDY FO UNITED BANK FOR AFRICA)

ABSTRACT This research investigated the effect of an employee job performance in United Bankfor African (UBA). The purpose of this study is to identify and assess the investigation,were gathered through primary and secondary source. The statement of the problemhighlighted the increasing need for organization to be in a position of understandingappropriate rewarding system that motivates their employees for higherorganizationalperformance (Vance 2012). The employment package is currentlychallenging commercial banking performance (Ajila and Abiola, 2004; Aktar, Sachu& Ali, 2012). A sample size of 62 was drawn from the population of the study.Questions were formulated based on the above topic to address the respondents inorder to articulate better responses and information needed to carryout research.Three hypotheses were drawn from the research and a self-designed questionnairewas used to gather data. The research hypothesis formulated was subjected to chi-square (x2) test statistics at 0.05level of significance. The study recommended thatmanagement pay their workers equally for their labour. (The pay must be equal to thejob). Through proper job evaluation the requisite importance ofjob such as age skills,education training, experience etc, should be applied in determining the chance ofachieving increase in employee job performance and satisfaction. Thereforeemployees pay should be above what the consumer price index indicate to enablethem fulfill lower and higher other needs.