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Assessing the Significance of Rewards Systems on Employee Motivations: Case Study of Nigerian Breweries Plc

Akindele, Charles (2021) Assessing the Significance of Rewards Systems on Employee Motivations: Case Study of Nigerian Breweries Plc. Masters thesis, Dublin, National College of Ireland.

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Abstract

This research studies the significance of rewards systems on employee motivation; a case study of Nigerian Breweries PLC. Rewards systems is essential for keeping employees satisfied, engaged and committed, they are placed to appreciate employees for a job well-done and as fulfilment of the employment contract. Thus, rewards systems need to be adequate and sufficient to motivate employees towards productivity. This research tries to examine the rewards system in Nigerian breweries and how it impacts employee motivations. The research had three objectives; to discover the types of rewards in Nigerian breweries; to discover if reward systems in the Nigerian breweries conforms to best practices and standards of rewards system and discover how rewards motivate employees. The research adopts the quantitative methodology, which distributes 260 questionnaires, however, 230 were returned and used for analysis. The researcher used simple regression and chi square analysis to test hypotheses. The results revealed the presence of two rewards in the Nigerian breweries i.e., intrinsic and extrinsic. Also, rewards systems in the brewery conforms to best practices and rewards adequately motivated employees. However, the research discovers that the Nigerian brewery exalts extrinsic/monetary rewards over intrinsic/non-monetary results. This is beneficial in the short run but detrimental in the long run, as monetary rewards only motivate staff for a short period; motivations change as staff grow within an organisation. Thus, the research recommends a balance of both monetary and non-monetary rewards. This is the best form of rewards which maintains employee motivations for longer periods.

Item Type: Thesis (Masters)
Subjects: D History General and Old World > DT Africa
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management > Performance Management > Employee Engagement
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management > Performance Management > Motivation
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management > Performance Management > Reward Management
Divisions: School of Business > Master of Science in Entrepreneurship
Depositing User: Clara Chan
Date Deposited: 07 Feb 2022 16:05
Last Modified: 07 Feb 2022 16:05
URI: http://norma.ncirl.ie/id/eprint/5395

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