INFLUENCE OF REWARDS ON WORKERS PERFORMANCE:A STUDY OF CENTRAL BANK OF NIGERIA, ABUJA

INFLUENCE OF REWARDS ON WORKERS PERFORMANCE:A STUDY OF CENTRAL BANK OF NIGERIA, ABUJA

                                        ABSTRACT     

This research dealt with the influence of rewards on workers performance in an organization. Employers are continually challenged to develop pay policies and procedures that will enable them to attract, motivate, retain and satisfy their employees. Subjects for this study consisted of one hundred workers of Central Bankof Nigeria, Abuja. The data for the study were gathered through the administration of a self-designed questionnaire. The data collected were subjected to appropriate statistical analysis using Pearson Product Moment Correlation Coefficient, and all the findings were tested at 0.05 level of significance. The result obtained from the analysis showed that there existed relationship between extrinsic rewards and workers performance while no    relationship existed between intrinsic rewards and workers performance. On the basis of these findings, implications of the findings for future study were highlighted.