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Saturday, 25 January 2020

THE EFFECT OF MOTIVATION ON STAFF PERFORMANCE IN NIGERIA BANKING SYSTEM (A CASE STUDY OF UNITED BANK FOR AFRICA PLC (UBA)



THE EFFECT OF MOTIVATION ON STAFF PERFORMANCE IN NIGERIA BANKING SYSTEM
(A CASE STUDY OF UNITED BANK FOR AFRICA PLC (UBA)     






SUBMITTED TO DEPARTMENT OF BANKING AND FINANCE, SCHOOL OF FINANCIAL MANAGEMENT STUDIES






ABSTRACT
The purpose of this research work is to determine the effect of motivation on staff performance in Nigeria banking system (A case study of United Bank for Africa plc UBA). The primary data were relevant information collected directly from the staff and management of UBA, which are mainly on the primary data collected were used for the purpose of statistical analysis. The data were collected using the questionnaire methods and the primary source Observation, interview and suggestion. The researcher analyzed by the use of tables’ presentations and statistical techniques with the use of percentage and tables, based on the information gathered; both qualitative observation and quantitative techniques will be applied in the analysis. The findings indicate that it can be generalized that motivation will have a significant impact on staff performance in us Banking system. It is concluded that management to know that both intrinsic and entrinsic factors play ‘important roles in workers to achieve performance depending on the person, the situation, the environment and the management can be with personism.



TABLE OF CONTENTS
Title Page                                                                                                                               i
Certification                                                                                                                          ii
Dedication                                                                                                                             iii
Acknowledgement                                                                                                               iv-v
Abstract                                                                                                                                 vi
Table of Contents                                                                                                                 vii
            Chapter One                                                                                                            1
1.0       Introduction                                                                                                              1
1.1       Background of the study                                                                                         3
1.2       Statement of the Problems                                                                                      4
1.3       Objective of the study                                                                                             5
1.4       Research Questions                                                                                                             5
1.5       Research Hypothesis                                                                                               5
1.6       Significance of the study                                                                                        6
1.7       Scope and limitations of the study                                                                                    7
1.8       Definition of terms                                                                                                  8
1.9       Historical Background                                                                                            9
            Chapter Two                                                                                                            12
2.0       Introduction                                                                                                              12
2.1       Conceptual review                                                                                                   12
2.2       Theoretical Review                                                                                                 20
2.3       Empirical Review                                                                                                     27
2.4       Gap of the Study                                                                                                      29
            Chapter Three                                                                                                         30
3.1       Research Design                                                                                                       30
3.2       Population and sampling size                                                                                30
3.3       Sample and sampling techniques                                                                          30
3.4       Sources of data                                                                                                         31
3.5       Method of data analysis                                                                                          31
            Chapter Four                                                                                                           32
4.0       Introduction                                                                                                             32
4.1       Presentation of Data                                                                                                            32
4.2       Data analysis                                                                                                            32
4.3       Testing of hypothesis                                                                                             38
4.4       Discussion of research findings                                                                           39
            Chapter Five                                                                                                            40
5.1       Summary of findings                                                                                              40
5.2       Recommendations                                                                                                  40
5.3       Conclusion                                                                                                               41
5.4       Contribution to knowledge                                                                                     42
            References                                                                                                                43
            Questionnaire                                                                                                          45



CHAPTER ONE
1.0       INTRODUCTION
            System of motivation of staff performance has been extended practically to the whole of banking sector over the past few years till and now. It is wide spread within the public sector at large.
            It is still the case that for virtually all staff incomplete the important of the motivation of staff performances element is small in relationship to total pay but the direction of change unambiguous.
            Staff performances pay in the banking sector is likely to become more existence over tonic and to compromise a growing part of the typical banking sector.
            This is another activity of manager in an organization. It is vital aspect of management because it deals with human resources of an organization. Motivation is the forces leading to behaviour directed towards satisfaction of some needs, human needs are unlimited. I lies are called motives. Examples include hunger and the desire for financial security.
This behavior is designed to satisfy these motives It is called motivation or motivated behavior. Many theories have developed in this subject Maslow, Herberg Mr. regory and Edger Schrein are some of the names associated with these various theories that has advanced to explaining peoples behaviour as they do.
            It is important that the method in the banking sector should make a regulated and a direct banking between a person contributions to the standard of services provided and his or her reward pay has an important part to play in raising the quality- and improving the responsiveness of the Banking Services. Therefore, it is purposed to put ill place, a range of form of performance in Nigeria pay in order to achieve a closer link between performances and rewards both individual and groups of staff.
            This will be all important means of searching objectives of improving the customer overtime performances pay bill and it becomes a disguised way of providing incorporated high increase in the pay bill.
When reviewing the experiences of motivation of staff performances pay for senior grade salaries stress management goods of encouraging and rewarding good performances as the purpose behind relating pay to performances. But before management commits itself to banking system. It would have seen only prudent to consider whether it application to tile banking sector so far has been a successful one.
            Motivation can be referred to as a set of attitude which predisposes a person to act in a specific goals ‘or ill an attracted way.
It is also an inner state which energies channels and substains human behavior to achieve goals.
            This is informed by the fact of that the most valuable assets of any organization is man (Human resources.) The whole purpose of motivating employee is to get the best out of them by creating the willing ness to put certain efforts so that, the organization will be able to achieve its goals as well as meeting of employees aspiration.
Only as a result of careful empirical analysis can the authorities be confident that motivation on self performance in Nigeria pays in general and specific in particular work of banking system.
            Punishments are attached negatively motivated your action will have all undesirable outcome Positive Motivation: This can be secured by praising employees when they perform better than others or by giving them credit for work done; It also entails use of rewards in the form of money or symbol and other forms of recognition are the most obvious application positives motivation.
            Motivation will always meet in employee reciprocity build a health and peaceful industrial climates for banking industry.
            Therefore, this paper is aimed to look into theories and application of motivational performances as it is related to productivity.
1.1     BACKGROUND OF THE STUDY
One of the cardinal problems facing motivation on staff performance in the banking industry in Nigeria is staff performance in the banking industry in Nigeria is lack of staff motivation to improve standards in their organizations. The motivation and expectation of management is for employees’ or staff to give their best to achieve the organizational aims and objectives.
It is clear that people are the orbit upon which any establishment revolves, that is why most management tends to give more attention to motivation.
Thus, motivation programmed created conditions that encourage staff to satisfy their need while at the same time accomplishing the organizational aims.
To motivate staffs, management create real or imagined need. A real need could be designed to be achieved through promotion, increase in wages and salaries as well as employment or increase organizational favour and furniture e.t.c.
Motivation is a subject that starts with the study of man’s motives, need, wants and behavior it is that energizing force that induces and maintains behavior, which stimulates people to work so that the organizational goals is achieved.
This project tends to review different types of motivators, step tending to staff been motivated, rules and the effects of their performance and that of the banking industry.
This project however, does not claim to be the best treatments of this project “motivation on staff performance as a tool for improving the staff performance in the banking industry in Nigeria”.
1.2       STATEMENT OF THE PROBLEM
            The banking industry is done of the most competitive industries in Nigeria economy.
            As a result of this there is need for staff in this industry to be motivated so as to ginger them in this order to meet up with the present modern and innovation baking requirements clearly, the need for staff motivation cannot be over emphasized.
            The problem is that motivational programmed takes cognizance of the felt need of the staff in other words, one major problem in the design of a motivational programed knows as telling of staff.

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