INCENTIVES AND PERFORMANCE OF EMPLOYEES OF MANUFACTURING FIRMS IN RIVER STATE

CHUKWUMA, Nnenna Nancy
Department of Business Administration
Faculty of Management Sciences
National Open University of Nigeria
ABSTRACT
This study examined incentives and employees’ performance in manufacturing firms in Rivers State.
Employees from the selected manufacturing industries make up the population of the stud. Using random
sampling selection method, 54 test units were drawn from 5 manufacturing firms to participate in the study.
Both descriptive and inferential statistics were used in the analysis of data using SPSS version 20. The
study found that financial and non-financial incentives significantly affect employee performance. The
study conclude that incentives drive employee performance, and boosts organizational productivity. The
study thus argue that enhanced performance of employees is achievable through incentives, and that
incentives significantly influence the performance of employees; and recommends that operators of
manufacturing that seek improved employee performance should design methods for allocating financial
and non-financial incentives to employees in order to boost their commitment to the firm.
Keywords: Employees’ performance, reward system, financial incentives, non-financial incentives