EFFECT OF REWARD AND PERFORMANCE MANAGEMENT ON EMPLOYEE PRODUCTIVITY: A STUDY OF SELECTED LARGE ORGANIZATIONS IN THE SOUTH-EAST, OF NIGERIA
This study examined the effect of reward and performance management on employee productivity in an organization. It is a study of large private sector organizations selected from some states of the South-East, Nigeria. As a descriptive survey design, a sample of 336 was determined from the population of 2081 senior employees of Serbmilla Industries, Onitsha, Nigeria Breweries PLC Ama-Enugu and Nigeria Bottling Company, Irrete, Owerri, Imo-State. Units of Observation (Sampling points) were selected through the method of systematic sampling. Out of the 336 copies of the questionnaire distributed, 321 were completed and returned thus showing a response rate of 95.5 percent which we considered very adequate. Through the application of Chi-Square (χ2) inferential statistics, pearson product moment correlation coefficient and t-test for significance of ‘r’, as the tools of analysis, the result showed that task autonomy significantly affects employee productivity. Also, the analysis revealed that task involvement influences job satisfaction and productivity. It was equally found from the analysis of data that tasks significance and employee empowerment enhances employee performance in the organization. It was concluded that empowered organizational climate would help to create a pool of committed and selfmotivated individuals with visions, creativity, innovation and technical powers to convert the threat of change into opportunities for business growth and development. It was recommended among others that the management should try to create an environment conducive for maximum utilization of employees’ skills, competencies creativity and talents for the benefit of all stakeholders in the organization.
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