The following proposition can be derived: All the department and cadres of employees were covered in the study to examine the monetary incentives in First Bank of Nigeria Plc.
Endogenizing this research framework is for the reason of selecting and using organizational factors to attain and improve organizational financial performance, therefore, is the focus of this research.
The study done in Malaysian financial sector on firms by Binti showed the relationship that is negatively significant between liquid assets and the financial performance of the firm.
The financial performance of the company is essential to measure management as the individuals and groups within the organization that contributes towards the financial objectives of the company.
The researcher faced the problems of confidentiality. It is aimed also at identifying various motivational techniques that can be used by management to encourage employees to heighten and increase productivity and performance. Another limitation was Time. As the extensive body of literature confirms the link between organizational factors and financial performance, a creation of a unified model, together with validation of particular relationships of the model is required.
When assets are not effectively and efficiently utilized it leads to poor financial performance such as losses in the accumulation of revenue from investments. Financial performance is the dependent variable in this study and the selected performance metrics to measure it are the return on assets ROA and return on equity ROE.
Taking into consideration that the measuring firm performance is rather challenging, and as there is no consensus among scholars and business practitioners on the metrics to be used in tracking the efficiency and effectiveness of individuals towards the organizational goals.
Some individual define motivation as money and most people are motivated by money. To shape the behavior or outlook of subordinate towards work, 6.
This refers to the drive or force to satisfy a want to achieve an outcome in any organization.
Therefore, the focus of this study is on financial performance aspects with strong emphasis on the factors that are directly related to financial reports of the organization. There is no correlation between monetary incentives and organizational performance H1: Asset utilization Asset utilization as an organizational factor to determine the financial performance of the company is based on the clarification of assets that are crucial to the production or service processes necessary to drive the financial performance Belanova, First Bank of Nigeria Plc as a model organization was used.
They are magnetization of incentive inform of money, insurance coverage, profit sharing and pensions. The research model constructed in this paper links the organizational factors towards achieving financial performance.
Further, it may help to design strategies to satisfy, retain and motivate the employees. This provokes the question of whether management practices and organizational factors that have enhanced financial performance in manufacturing firms can also be accounted for the service firms.
What are the advantages and disadvantages of monetary incentives? The impact of leadership styles on employee performance outcomes is explored theoretically and tested empirically in the Pakistani banking sector.
To what extent does monetary incentives scheme lead to attainment of organizational performance and motivation of workers? Leverage Leverage is an important ratio measured by total liabilities to total assets, which the company makes use of debt in financing assets for the business pursuit of achieving favorable financial performance.
To this extent, money is the most critical incentives to motivate workers for organizational performance, but when money is taken away, how many people will continue to work in Nigeria today?
Previous article in issue. The purpose of monetary incentives is to reward employees for excellent job performance through money. The ratio of 2:IMPACT OF MONETARY INCENTIVE ON ORGANIZATION PERFORMANCE (A CASE STUDY OF FIRST BANK PLC) This study is aimed at investigating the impact of monetary incentives on organizational performance.
First Bank of Nigeria Plc as a model organization was used. Impact of Training on Employee Performance (Banking Sector Karachi) 1Rida Athar, Therefore in this research the quantitative study examines how training impact on the performance of This research is essential for organizational performance as employees are important assets who can.
of performance enhancement. Transparent performance evaluation motivates employees to work more in order to achieve the organizational objectives (Singh, ).
Wan et al. () reported that merit based performance appraisal increase employees motivation and commitment that has a significant effect on organizational performance. The Impact of Information Technology in Banking System (A Case Study in Bank Keshavarzi IRAN) Technology influence the economics of delivery Technology has a major impact on the way banking and financial services are delivered.
Information Technology and Organizational Performance: An Integrative Model of IT Business. Organizational Culture and Organisational Performance: Empirical Evidence from the Banking Industry in Ghana Mariama Zakari, Kofi Poku Culture and Performance in the Banking Industry in Ghana.
In all cases, Mission was the Culture Trait with the decision making that impact their work. Capable employees may feel frustrated that their. THE IMPACT OF EQUITY BANK SERVICES ON INDIVIDUALS AND ORGANIZATIONAL PERFORMANCE WITHIN NAIROBI Michael Ngugi Karanja1 Dr.
Kepha Ombui2 technological innovation within the banking sector and in Equity bank in .Download