| Abstract: | Human resources which are commonly seen as the most valuable assets of any organizations are a means for competitive advantage and play core roles to achieve organizational objectives. Reward management is one of the ways used by organizations for attracting and retaining suitable employees as well as facilitating them to improve their performance. This research paper examined the effect of reward management practice on employees’ performance in case of Dashen bank west A.A district. This research focus how different types of reward systems effect on employee performance and try to established which types of rewards management are more beneficial to the organization in the current business climate it operates in how can performance be enhanced and the required business outcomes accomplished? How can reward management contribute to this performance outcomes? Investigate the reward management practice implemented in the organization. The research conducted at all levels of employee Position. In the Methodology: A questionnaire designed to collect the data on the factors related to rewards like recognition, career development, work environment, benefit, promotion, empowerment, and employee performance. The data was collected from the employees of Dashen bank west A.A district. Explanatory method of research used since the study intended to explain cause and effect relationship between reward and employee performance. The target population was the employee of Dashen bank west A.A district. The Total number of respondents in this study was 190 with 46 non-response rate. Primary data was gathered using adopted questionnaires. Descriptive statistics was used to summarize the data. This includes Percentage, frequencies, mean and standard deviation. Tables and other figural presentations were appropriately used. Correlation analysis was used to identify the relationship between reward and employee performance. The regression analysis was used to measure statistical significance of the effect independent (predictor) variables on dependent (constant) variable, the findings obtained indicated that reward practices have a positive influence on employee performance. Furthermore, it provided suggestions to overcome the problems to improve employees’ performance. Finally, standing on study findings, recommendations were provided to the organization to adjust its effective reward management practices with their respective correlation that could optimize employee performance. |
