Asaminew, Belay Abebe (2017) The Effect of Non-Financial Rewards on Employee’s Performance: The Case of Selected Branches in Awash Insurance Company S.C. Masters thesis, Addis Ababa University.
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Abstract
The research study achieved its aims of defining and assessing the effect of non-financial rewards on employees’ performance in Awash Insurance Company S.C. The purpose is to find out the effect of non-financial rewards on employee performance and to get information about the factors which affect their performance at the workplace in Awash Insurance Company S.C. Both qualitative and quantitative research methods were applied to achieve the objectives of this study by describing and identifying the relation and effect of non-financial reward up on employee performance. There were 4 independent variables taken for this study. They were from non- financial rewards (empowerment, job security, work environment, and recognition); from dependent variable employee performance. A standardized and well-structured questionnaire was used to measure the responses on a five point likert- scale. Questionnaire was sent to 154 respondents in printed form and 135 collected and this is about 87.66%. The responses were analyzed using the Statistical Package for Social Sciences (SPSS) version 20. The Pearson Product Moment correlation coefficient and descriptive statistics were used. For the descriptive statistics, graphical illustrations and table were used to provide information on key demographic variables in this study. The study confirmed existence of positive significant relationship between the non financial rewards and employee performance through correlation analysis. The findings of the study indicated that there was a significant relationship between non-financial rewards and employees’ performance. The non financial reward component, work environment positively and significantly influenced the performance of employees’ working in the case organization. The findings of the study revealed that empowerment and job security has moderate and strong effect on employees’ performance respectively. Finally, it is the recommendations of the research study that non financial rewards have an effect on employees’ performance and we observed that there was a significant difference with recognition. The overall result of the study shows that the non financial rewards have a great effect on the performance of employees.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Non financial rewards, work environment, empowerment, recognition, job security, and employees’ performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce H Social Sciences > HG Finance |
| Divisions: | Africana |
| Depositing User: | Tim Khabala |
| Date Deposited: | 29 Jun 2018 08:26 |
| Last Modified: | 29 Jun 2018 08:26 |
| URI: | http://thesisbank.jhia.ac.ke/id/eprint/6056 |
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