Abstract

The relationship between reward practices and employee work performance has remained a concern to many institutions. This study attributed inadequate employee work performance to unsatisfactory monetary reward practices at Mukwano Group of Family Businesses. The specific study objectives were; to establish the relationship between monetary reward and employee work performance, and determine the influence of reward on employee work performance at Mukwano Group of Family Businesses. A cross-sectional research design was adopted guided by both quantitative and qualitative approaches. The study collected data from 301 respondents using a questionnaire. Results from Pearson correlation analysis, showed that there was a moderate positive linear significant relationship between monetary reward and employee work performance at Mukwano Group of Family Businesses (r (301) =-.539, p = .000). Based on the study results, it was concluded that monetary reward practices have a significant positive contribution towards employee performance at Mukwano Group of Family Businesses. Therefore, it was recommended that; the company or group of business should increase the salary, hourly wages, offer bonuses and commissions to workers.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.