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Non-Monetary Reward and Organizational Productivity in Bonny Local Government Council

E. O. Davies, P.hD, G. Nsiegbe P.hD, B. Frederick-Jumbo

Abstract

Non-monetary reward form of compensation is increasingly gaining recognition as a critical driver of motivation and organizational productivity in both the private and public sectors. This paper examined non-monetary reward and organizational productivity in Bonny Local Government Council. The paper is anchored on the Expectancy Theory as the theoretical framework of analysis. Survey research design was adopted as a reference structure and plan of the paper for generating and analyzing data. Population of the study consisted of the six hundred and sixty four (664) staff working at the Bonny Local Government Council Secretariat. The sample size for the paper is two hundred and fifty (250) derived via the use of the Taro Yamane formula. A four (4) point scaled Likert Structure type questionnaire was the key instrument for collecting data from the respondent; this was complimented by additional data gleaned from secondary sources such as textbooks, journal articles, newspapers and other documentary texts. Generated data was analyzed via the use of descriptive statistics such as frequencies and simple percentages, while weighted Means and Standard Deviation where used to answer the single question posed by the paper. The lone hypothesis was tested via the use of Pearson Product Moment Correlation (PPMC) at a Decision Rule of 5% significance level at 0.05 p.value. The paper found that non- monetary reward has positive significant relationship with organizational productivity in the Bonny Local Government Council of Rivers State. The paper therefore, concluded that non- monetary compensation plays a significant role in improving organizational productivity. Accordingly, the paper recommends amongst others, that; government at the local and state levels should utilize the non-monetary reward approach with structured benefits and compensation packages to attract and encourage staff of their organizations for improved organizational pr

Keywords

Non-monetaryCompensationRewardBonny

References

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