Effect of reward on employee performance: a study of Oyi Local government area

Abstract

The study focused on reward system and employee performance: A Study of Oyi Local government area of Anambra state. The specific objective of this work is to examine and its intrinsic and extrinsic reward and its relationship with employee’s performance Oyi Local government area of Anambra state also to determine the efficiency of reward system in targeting employees productivity in University in Oyi Local government area of Anambra state and To examine the perceptions of employees and employers in relation to organizational reward system in Oyi Local government area of Anambra state. The study adopted expectancy theory propounded by Victor Vroom in 1964. The population of the study is 1470 staff. Survey method was adopted for the research and data were sourced from both primary and secondary sources. The finding of the study shows that reward system also influences the motivation of employees which consistently has an impact on their productivity and rewards are very important in every organization because it will bring out the employees best and the organization will achieve it set objectives. Based on the findings of the study the paper therefore recommends that that for organizations to have increase in terms of productivity, profit, market share and consistent demand for its product by its customers, there must be employee’s involvement and this can only be achieved when employees are happy doing what they are doing and getting the reward they deserve