The Effect Of Financial Reward On Employees Performance The Case Of Commercial Bank Of Ethiopia North Addis Ababa District

This study sought to find out that the Effect of Financial Reward on Employees’ Performance inrnCommercial Bank of Ethiopia. In order to achieve the research objectives the researcher used arndescriptive type of research studies. The study is guided by three research questions; which seekrnto answers whether the financial reward has effect on’ performance of CBE employees. Datarnwere collected through questionnaire and interview prepared based on various scholars work.rnConsidering the manageability of number of employees in the bank, sample for the study wasrntaken from only Commercial Bank of Ethiopia North Addis Ababa district. This is because, forrnthe homogeneity and similarity of the bank's structure and for the convenience of the area torncollect the questionnaire. To select the required sample size; the researcher used multi-stagernsampling method. Descriptive statistics based frequency tables and charts were used to providerninformation on the variables. The validity of the instrument was checked and internal consistencyrnof the instrument was measured using Cronbach Alpha. The values of correlation coefficientrnshows there is significant relationship within payment, benefit and Employees’ performance.rnHowever the relationship is stronger between benefit and employees’ performance as comparedrnto the payment. Hypotheses were developed and tested to see the effect of all the independentrnvariables (payment and benefit) on the dependent variable (Employees’ Performance). Thernfindings obtained indicated that both payment and benefit have a strong and positive influencernon employees’ performance. Furthermore, it provided suggestions to overcome the problems tornimprove employees’ performance.

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