Reward Systems and Organizational Performance of Public Universities in South-South, Nigeria

U. Young Okwuise and Philomena Nkemdilim Uzoechina
Additional contact information
U. Young Okwuise: Department of Business Administration, Faculty of Management Sciences, Delta State University, Abraka, Nigeria
Philomena Nkemdilim Uzoechina: Department of Business Administration, Faculty of Management Sciences, Delta State University, Abraka, Nigeria

International Journal of Research and Scientific Innovation, 2023, vol. 10, issue 10, 224-240

Abstract: The study examined the effects of reward system on organizational performance of public universities in South-South, Nigeria. The specific objectives were to determine the extent to which dimensions of reward systems (employee salary increase and promotion) affect organizational performance. The study adopted the survey research design and data was collected by structured questionnaire using five point scales. The study population consist 2,133 academic staff of three (3) selected public universities from South-South, Nigeria. The unit of analysis was academic staff of the selected public universities and the Bowley’s proportional allocation formula was used to draw a sample size of 337 respondents. Two research hypotheses were formulated and tested at 0.05% level of significance. Data obtained were analyzed using descriptive statistics (simple percentages, frequency counts, mean and standard deviation and Pearson correlation), diagnostic statistics (variance inflation factor) and inferential statistics (simple regression). Findings indicated that employee salary increase (f-value = 10.69; prob-value = 0.0001 0.05) insignificantly affects performance of public universities in Nigeria. In view of the findings, there is the need for government and universities authorities to formulate and implement policies that are employee-driven and recognizes the peculiarities of academic staff in terms of their physical and psychological needs; this includes amongst others, giving academic staff authority to seamlessly undertake core academic and administrative activities within public universities devoid of government interference. However, the study established that when employees are adequately rewarded, the goals and objectives of the institutions can be realized and hence performance will be increased.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijrsi/d ... issue-10/224-240.pdf (application/pdf)
https://rsisinternational.org/journals/ijrsi/artic ... south-south-nigeria/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:10:y:2023:i:10:p:224-240

Access Statistics for this article

International Journal of Research and Scientific Innovation is currently edited by Dr. Renu Malsaria

More articles in International Journal of Research and Scientific Innovation from International Journal of Research and Scientific Innovation (IJRSI)
Bibliographic data for series maintained by Dr. Renu Malsaria ().