The art of teaching ordinarily brings satisfaction to the teachers and the pupils. Imparting knowledge gives psychological up liftment and inner joy to all parties involved. It has however been observed that this eternal joy of the teachers is being eroded over time: with incessant strikes, lockout, work to rule, non-payment of salary and allowances, compulsory and untimely retirement, non-promotion and stagnation; the yoke of teachers is manifold and burdensome. This study therefore examines the place of reward systems on employee’s performance in Lagos state. The study empirically examines data collected from selected secondary schools in the state to draw a nexus between employee reward system and job performance. In an attempt to address the problems, descriptive research design was adopted through survey research. 200 questionnaires were randomly administered to ten (10) sampled public schools in the state. Three hypotheses were formulated and tested at 95 percent (%) confidence level using statistical package for social science (SPSS). The findings revealed that there is a significant relationship between employee’s performance and salary package, employee job allowances and performance and in-service training and employee’s performance. The study therefore, recommends that adequate salary, allowances in terms of housing, health, hazard, transfer, involvement of teachers in decision making, establishment of teachers salary scale in line with other profession so as to promote job security.