Motivating Corporate Employees through Financial Information: An Empirical Analysis

Abstract

Workers' or employees' motivation is one of the key survival strategies of any corporate organization. Access to vital information on their welfare no doubt motivates employees towards commitment to corporate goals. The types of information sought by employees are many and varied. This paper examines employees' motivation through financial information from major corporate organizations and identified specific items of information requested by employees. It is based on a field survey among 210 employees of 10 stock exchange enlisted corporate organizations in Cross River State, Nigeria. The findings of the study show that most of the employees, irrespective of their levels and
groups, expect financial and other information from their employers. Further more, a list of specific items of information were also identified which employees think should be disclosed to them by their respective corporate organizations. We argue that corporate organizations should be able to provide financial and other information to the employees in order to bring out the necessary morale and commitment to organizational goals and consequently increase productivity.

Keywords: Motivation, information, corporate organization, employee, productivity.

International Journal of Educational Research Vol. 4 (1) 2008: pp. 101-112