The Effect Of Motivation On Employees’ Performance (A Case Study Of
First Bank Nigeria Plc)
Chapter One
Introduction
Rajput (2011), contends that the word motivation is derived from a Latin word “Movere” which literally means ‘to move’. He defined motivation as “the individuals desire to demonstrate the behaviour and reflect willingness to expend effort”. Motivation can be divided into extrinsic and intrinsic motivation. Extrinsic motivation refers to external factors, which can be measured in monetary terms, such as salary and benefits, promotion and disciplinary action. Extrinsic motivators can have an immediate and powerful effect, but if will not necessarily last long. Intrinsic motivation refers to internal factors such as job satisfaction, responsibility, freedom to act, scope to use and develop skills and abilities and challenging work and opportunities for development. Intrinsic motivators, which are concerned with the quality of working life, are likely to have a deeper and longer term effect. These two different aspects of motivation are connected to each other and cannot be seen in isolation.
1.1 Background of the Study
There is general agreement among psychologists that man experience a variety of needs, there is considerable agreement as to what these needs are and their relative importance (Van Rooney, J. 2006).
One of the basic problems in any organization is how to motivate people to work. Motivating people to work entails, meeting their needs.
The satisfaction that the workers derive from their job can affect their motivation to work. People are motivated by various factors at different times, according to Wilkinson et al (2007), the first factor is the combination of the individual perceptions of the expectations other people have of them, and their own expectations of themselves. This happens because people come into work situations with various expectations. This is why a balance must be struck as much as possible between organizational objectives and individual’s aspirations (Sulcus, P. 2007). The essence of this is to ensure a situation where the individual is motivated while the organization is achieving established objectives.
The second factor deals with the issue of self-images and concepts as well as life experiences and personality.
These factors have to be positively motivated in the worker to yield proactive behaviour. This can be achieved through a carefully planned reward system, which is a type of reinforcement directed at modifying people’s behaviour. Those who occupy management positions in organizations encourage employees basically through means of positive reinforcement. Positive reinforcement boosts favourable consequences that go a long way to encourage the repetition of a particular behaviour (Adonisi, M. 2005). It is therefore important for the management to ensure that they motivate their employees to achieve the set goals and objectives of the organization.
The management of an organization can motivate its employees if it’s able to study the characteristics of the employee and know what actually motivate them to productivity. It is in view of this, that this study wants to look at motivation of employees as a tool for improving organizational productivity by using the First Bank PLC as a case study.
1.2 Statement of the Problem
Organization exists for the purpose of rendering some services. For the organization to meet its objectives, people are employed in the organization.In order to ensure that people employed in the organization perform optimally towards the realization of organizational goals, they need to be motivated to work.
Motivating people to work entails meeting their needs. There is a great controversy over the issue of motivating people. Some people are of the view that such extrinsic factors like money, praise and quality of supervision and company’s policy can motivate people to work, while others are of the view that such extrinsic factors, like advancement, quality of the job done by the person, recognition and growth can motivate workers to productivity.
It is in view of these controversies that this study wants to look at the motivation of employees in the organization by using First Bank PLC as a case study.
1.3 Objectives of the Study
This research work hopes to achieve the following objectives:
To examine the factors which motivate employees to perform in First Bank PLC;
To look at various techniques of motivating people to perform in First Bank PLC.
To ascertain the effect of motivation on worker’s productivity;
To identify the problem associated with the motivation of workers in First Bank PLC
To suggest the solutions to such problems;
To improve people’s knowledge in this area of organizational behaviour.
1.4 Research Questions
It is in view of the above problems that the following questions arise;
What are the factors that motivate employees to perform in First Bank PLC?
What are the available techniques of motivating employees for higher productivity?
Do motivation actually steer employee’s productive capacity?
What are the problems militating against employees’ motivation, and how can these problems of employees’ motivation be addressed in order to improve productivity in First Bank PLC?
1.5 Research Hypotheses
The following hypotheses will be tested in this study;
Ho: The quality of supervision will not motivate worker’s productivity.
HI: The quality of supervision will motivate worker’s productivity.
Ho: A worker’s perception of what is obtainable in his organization will not motivate him to greater productivity.
HI: A worker’s perception of what is obtainable in his organization will motivate him to greater productivity.
Ho: A worker’s perception of organizational appraisal policy will not motivate him to greater productivity.
HI: A worker’s perception of organizational appraisal policy will motivate him to greater productivity.
Ho: The worker’s satisfaction with his fringe benefits will not motivate him to greater productivity.
HI: The worker’s satisfaction with his fringe benefits will motivate him to greater productivity.
1.6 Significance of the Study
This study will educate the management of the organization (especially the organization under study, First Bank PLC) on how to motivate their workers to productivity. The findings of this study will generate people’s interest in researching into other areas of motivation in the organization. It will enrich the literature on motivation as a phenomenon. Finally, the study hopes to enrich people’s knowledge in this area of organizational behaviour and management of people in the organization.
1.7 Scope of the Study
This study is on impact of motivation on organizational productivity. The study will also cover the various techniques of motivation and theories of motivation as they impact on employees’ productivity in an organization. This study will cover a period of ten (10) years of organizational performance.
1.8 Limitation of Study
The study is limited to the employees’ motivational factors, and its effect on organizational productivity. The study does not consider other variables and as such is limited to only those areas specified above. Also, it does not cover all sectors of the Nigerian economy. The Civil service is just a sector in Akwa Ibom State, and as such, the study does not look into how these motivational factors work or influence productivity across other sectors.
1.9 Definition of Terms
The following terms were defined as used in this study;
PRODUCTIVITY:
Is the ratio of output or production capacity of the workers in an organization. It is the relationship between the amount of one or more inputs and the amount of outputs from a clearly identified process.
EMPLOYEES:
Are the workers in an organization working for the accomplishment of the organizational goals. In this study, the employees are those members of staff of the organization.
MOTIVATION:
Motivation is a decision making process, through which the individual choose the desired outcomes and sets in motion the behaviour appropriate to them.
ADEQUATE MOTIVATION:
These are factors (familiarity, concern and driving force), which exist or are provided in a work situation either physically or psychologically which determine the input and productivity level of the worker.
INTIMACY
Intimacy or familiarity could be described as the feeling of worthy and friendliness based on interpersonal relationship among people.
CONSIDERATION
Consideration or concern refers to a situation where both colleagues and managers treat members of staff with understanding. In this case, there is both a personal and human touch in dealing with workers.
MORALE:
Moral refers to staff emotional and mental level of zeal.
1.10 Organization Of The Study
This study is organized into 5 chapters. Chapter one deals with the introduction, chapter two reveals the literature review, chapter three highlights the methodology, chapter four portrays the presentation of data and finally chapter five dwells on summary, conclusions and recommendations.
Leave a Comment