The study focus on the role of reward and benefit management practices to wards employeernsatisfaction the case of Commercial Bank of Ethiopia at selected branches in Addis Ababa. Tornmeet the objectives, the researcher adopted descriptive research design by using qualitative datarnapproaches. The primary data were collected through questionnaire from a sample of 100 clericalrnemployees and through interview from the top management of the bank. The data had beenrnanalyzed by using descriptive statistics such as frequency, tables and charts. From the research itrnis observed that employees perception toward current benefit and reward are subjective,rnEmployees are not participating in benefit and reward decision and finally the researcher hasrnfound out that Commercial Bank of Ethiopia has a routine of rewarding and motivating itsrnemployees to let them work to its best interest, the rewarding systems are not based onrnperformance. They are instead bonus and salary increments which are given to all employees oncernannually. The performances of the employees are not considered in these processes. It is just basedrnon the salary scale, which is not advisable according to the theoretical frameworks this researcherrnused. This is also something that the respondents witnessed. The conclusion is, therefore, thernreward system does not motivate its employees to be competitive and work to the best interest ofrnthe company given that the reward systems does not take competitiveness and performance in tornaccount.rnKeywords: reward, compensation, Commercial Bank, selected branch