THE ROLE OF RECOGNITION AND REWARDS IN MOTIVATING EMPLOYEES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for : Student Researchers
- NGN 5000
Abstract: THE ROLE OF RECOGNITION AND REWARDS IN MOTIVATING EMPLOYEES
Objective: This study aims to (1) investigate the relationship between recognition and rewards and employee motivation, (2) determine the most effective forms of recognition and rewards, and (3) evaluate the long-term impact of recognition and rewards on motivation.
Research Design: A survey design was utilized to capture detailed information from employees on their experiences with recognition and rewards.
Sample Size: Using Taro Yamane's formula, a sample size of 360 employees was chosen to ensure a 95% confidence level with a 5% margin of error.
Case Study: The research was conducted in the retail sector, where employee motivation is crucial for customer satisfaction and sales performance.
Location: Enugu, a growing commercial center with a vibrant retail industry.
Reliability Coefficient Score: The survey instrument achieved a Cronbach's alpha score of 0.89, indicating high reliability.
Findings: The study revealed that recognition and rewards significantly enhance employee motivation. Personalized recognition, such as public acknowledgment and tailored rewards, were most effective in boosting motivation and performance.
Recommendation: Retail organizations should implement structured recognition and reward programs that are personalized and aligned with employee preferences to maximize motivation and productivity.
Related Project Materials
An investigation of determinants of public debt accumulation in Nigeria: A case study of the CBN (2000–2020)
Background of the Study :
Public debt accumulation is a critical indicator of fiscal health, reflecting the extent to which governments b...
An investigation of regulatory compliance cost management on bank efficiency: a case study of First Bank of Nigeria
Background of the Study
Regulatory compliance is a mandatory aspect of banking that incurs significant costs, which can aff...
A CRITICAL ASSESSMENT OF FINANCIAL REPORTING STANDARDS CONVERGENCE AND ITS IMPLICATIONS
ABSTRACT:
This study critically assesses the convergence of financial reporting standards and its impli...
An Analysis of Consumer Buying Behavior During Economic Recession: Evidence from Lagos Mainland Markets
Background of the Study
Economic recessions often lead to a decline in consumer spending due to reduced income levels, increased unemploy...
Evaluating the Impact of Population Density on Real Estate Prices in Nigeria
Background of the Study
Nigeria’s urban landscape has experienced unprecedented growth over the las...
THE ROLE AND CHALLENGES OF THE PARENTS - TEACHERS ASSOCIATION (PTA) IN PUBLIC SCHOOLS IN ABUJA.
1.1 Background to the Study
The Parents-Teachers Association (PTA) has long been recognized as a crucial component of th...
REVENUE GENERATION AND UTILIZATION IN THE LOCAL GOVERNMENT SYSTEM: PROBLEM AND PROSPECTS
ABSTRACT
This paper tends to examine the effectiveness of revenue generation and utilization in the local government sys...
A STUDY ON THE STRATEGIES FOR PROMOTING TEAMWORK AND COLLABORATION SKILLS IN VOCATIONAL SETTINGS
ABSTRACT: Strategies for Promoting Teamwork and Collaboration Skills in Vocational Settings address the importance of teamwork and collaborative ab...
AGRICULTURAL BIODIVERSITY CONSERVATION: STRATEGIES FOR INVOLVING RURAL FARMERS IN AKWA IBOM STATE, NIGERIA
BACKGROUND TO STUDY
One area of the environment that has lately attracted global attention is biodiversity conservation....
THE IMPLICATIONS OF TEENAGE MARRIAGE ON A SUSTAINABLE FUTURE
ABSTRACT
This study investigated the implications of the early marriage practices among teenage girls in Otta, Ogun stat...
