The Effect Of Reward Practices On Employee Motivation In Dashen Bank S.c

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The purpose of this research was to investigate, the effect of reward practices on employeernmotivation in Dashen Bank S.C. The study used both primary and secondary sources of data. Arnquantitative research approach of data collection was used and 255 questionnaires wererndistributed out of which 241 of them were returned. Probability sampling (stratified) method wasrnused and employees were selected from each stratum with a random sampling technique. Amongrnthe major findings, the overall perception of respondents over current reward practices were notrnhappy, not enough, not competitive and not attractive. on other side the ranking orders asrnrespondents choice of the most motivator factors from the list, payment is the highest influentialrnfactor for employee motivation followed by benefit, promotion, recognition and working conditionrnrespectively, but according to respondents choice work content and Supervision have the leastrnmotivational factors respectively. The result of correlation shows that; there exist positive andrnsignificant relation between payment, promotion, benefit, recognition & supervision andrnemployee motivation. On other side, the result of regression analysis shows that; payment andrnpromotion are high explanatory of employee motivation. On top of that, a significant portion ofrnemployees considered the reward practices in Dashen Bank S.C. as less motivating, unfair, notrncompetitive and attractive and hence employees seemed to be less responsibility, les loyalty andrnbelongingness and less committed to the organization. It is recommended to review the banksrncurrent reward practice that are factor that affect employee motivation.

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The Effect Of Reward Practices On Employee Motivation In Dashen Bank S.c

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