The Relationship between financial rewards and employee performance a case of National Social Security Fund Uganda
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Date
2008-09
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Abstract
The purpose of the study was to examine the effect of financial rewards on employee
perfo1mance at NSSF. The research questions were designed to guide the research work.
A conceptual framework relating the financial rewards to employee performance was
developed. The research adopted an analytical and descriptive research design which also
used qualitative and quantitative methods. Out of the 56 staff and managers in the Benefit
Depariment, Compliance and Record Department, Accounts and Audit Depariment, 40
staff members and nine managers responded to the study. Questionnaires were used to
collect primary data on objectives of the study. The study revealed a significant positive
relationship between, financial and non-financial rewards. However, the financial
rewards were the most significant predictor of employee performance with a con-elation
of 0.963. From the study, the researcher recommended that top management should
ensures that perfonnance appraisal is canied out regular·ly so that financial rewards can
be linked to either individual or group performance. The management should also ensure
timely payment of employees so as to reduce the unnecessary complaints and lastly,
continuous improvements in working conditions will help change attitude of employees
and hence productivity.
Description
A Research thesis submitted to the School of Post Graduate Studies and Research in partial fulfillment of the requirements for the Award of a Master's Degree in Business Administration of Kampala International University
Keywords
employee performance, financial