THE IMPACT OF FINANCIAL INCENTIVES ON WORKER’S PERFORMANCE

This research examines the “The impact of financial incentives on worker’s performance in an organisation” “(a case study of Federal Polytechnic Bauchi) the aim of this research way to determine impact of financial incentives in motivating workers’ in the organization. For the purpose of this study, questionnaires were administered to the staff of the polytechnic, tables and perceiving as were also used to analyze the data collected from the respondents. In the cause to analyze the data collected from the respondents.

In the course of the research, it was discovered that the management offer financial incentives to the employees in order to improve their performance in the polytechnic. It was concluded that the important of financial incentives as a motivational not cannot be overload, it will be very difficult to operate successfully in an organization setting which comprises ofndifferent sets of people with different behaviours without including an incentive in order to bring the best out of the employees, so as to achive the overall goal of the organization.

It way recommended that the management should put more efforts on financial incentives, since its impact on workers performance is positive and the organization should also commence the periodic review on compensation policy in-order to encourage their worker’s in the organization.