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Non-Financial Motivation and Employee Efficiency in Nigerian Banks

Non-Financial Motivation and Employee Efficiency in Nigerian Banks

Paperback

Business General

ISBN10: 6207466861
ISBN13: 9786207466863
Publisher: LAP Lambert Academic Publishing
Published: Jul 22 2024
Pages: 52
Weight: 0.20
Height: 0.12 Width: 6.00 Depth: 9.00
Language: English
This study, Non-Financial Motivation and Employee Efficiency in Nigerian Banks, explores how non-financial motivation affects employee efficiency and productivity in Nigerian banks. Grounded in Herzberg's Two-Factor Theory and Maslow's Hierarchy of Needs, the study employs a literature review methodology, synthesizing academic sources, scholarly articles, and case studies. Findings indicate that non-financial motivators such as recognition, career development, work-life balance, job security, and a supportive work environment significantly enhance job satisfaction and performance. Employees perceiving high non-financial support are more engaged and productive. The study underscores the importance of non-financial motivation alongside financial incentives, recommending Nigerian banks implement recognition programs to boost morale and productivity by making employees feel valued.

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Business General