Effect of Motivation on Employee Performance: In the Case of Abay Bank South & West Addis District, Ethiopia.

Abstract

The objective of the study was to investigate the effect of motivation on employee performance at Abay bank South and west Addis district in head offices. The research adopted descriptive and exploratory research design with mixed research approach. Stratified sampling and simple random sampling techniques were employed for this research with 211 sample size. Both primary and secondary data that were collected through questionnaire and document review were used. Descriptive statistics, correlation analysis and infernal statistic, multiple regression analyze techniques were used to analysis the data. The finding of relationship results showed that positive relationship between the goal setting and non- monetary reward and recognition and employee performance at Abay bank. However, the study revealed that well being and monetary reward or financial incentive are insignificant determinant of employee performance .The researcher recommends that monetary incentive Abay Bank that must provide adequate incentive plan and reward system and better market based salaries and the well being must offer conducive working environment and job security for their employees for those resist change. So change can increase employee performance in their work activities to make satisfied employees and customer. The company must assess regularly the compensation program to update with market and Abay bank must to keep healthy relationship and to improve working environment to their staff to interest at the job.