Effect of Non-Financial Motivation on Employee's Performance of Deposit Money Banks Nigeria

Abstract

The aim of this study is to assess the effect of motivation on Employee's efficiency and productivity in Nigeria in listed deposit money banks.  A descriptive survey research method was used for this study. The population covered GT Bank, UBA and First Bank Yola Branch staff strength is put at 480 people, a total of 214 staff was sampled using Krejice and Morgan table. 214 questionnaires were administered to the respondents which served as instrument for data collection. The data collected were analysed using simple percentage and linear regression analysis. The linear regression analysis was used to test hypotheses about the distribution of observations into categories. The outcome of this research suggested that no significant effect has been found by non-financial motivation on competency of workers. Even productivity of staffs has not been seen connected with non-financial motivation. Moreover, employee productivity and efficiency have no significant association. The study concluded that the workers motivational processes in selected Bank have undergone tremendous change. The study however recommended that staff development to enhance productivity and promote self-fulfillment should be encouraged as a matter of deliberate policy and the management should strive at introducing staff bus; cafeteria building so as to provide better and suitable relax environment, and create a work climate that can promote efficiency and productivity.