ASSESSMENT ON PRACTICES OF INTRINSIC MOTIVATION AT COMMERCIAL BANK OF ETHIOPIA

Abstract

The objective of this study is to assess the practices of intrinsic motivation at commercial bank of Ethiopia. The paper discusses the practices of intrinsic motivation at Commercial Bank of Ethiopia, the perception of intrinsic motivation in the eyes of employees and the degree of applicability of intrinsic motivation in the bank. The more intrinsic motivational tools such as Recognition ,Achievement, Advancement, Challenging work ,Responsibility and Work Freedom exist in the work environment the more employees would be motivated to accomplish their duties which will in turn benefits the bank to accomplish its targets. The targeted populations of the study were employees of commercial bank of Ethiopia from district offices and head office. The methodology used is descriptive through primary data. Structured questionnaire with five point Likert scale was a main tool. In organizing and analyzing the collected data, descriptive method of data analysis, that use tables, were used to explicitly show the practices of intrinsic motivation at Commercial bank of Ethiopia. The fact that intrinsic motivations are not practiced effectively were the major findings of the study. Thus the study concluded that Commercial Bank of Ethiopia does not give much attention to intrinsic motivators although the employees need and aware of these packages. Challenging work is the intrinsic motivator that is most valued by employees of Commercial Bank of Ethiopia. Furthermore a strategy should be developed on how the organization should invest on focusing on practicing intrinsic motivators and get the best job performance is the key recommendation.