REWARD PRACTICES AND EMPLOYEE WORK PERFORMANCE AT MUKWANO GROUP OF FAMILY BUSINESSES IN KAMPALA CAPITAL CITY AUTHORITY, UGANDA

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.