Abstract: | This study explores determinants of employee motivation in the Cooperative Bank of Oromia by
empirically testing the variables, including salary, bonus, recognition, promotion and work-life
balance. To achieve the research objectives, quantitative and explanatory research design was
applied. The target population for this study was 452 employees and the sampling technique
used for this study was systematic random sampling. The study was done based on primary
sources of data. A self-administered survey was created to gather pertinent data from selected
212 respondents. The survey included Likert scale questions to measure the level of agreement
with statements related to each motivational factor. Among these, 208 questionnaires were
returned and analyzed. The collected data was examined using SPSS version 26, which employed
multiple regression and descriptive statistics (frequency, percentage, mean, and standard
deviation). The study's findings revealed that motivation variables have explained 64.8% of the
variance in employee motivation. Additionally, the result of regression analysis indicated that
recognition, salary, promotion, and bonuses have a significant positive effect on employee
motivation, whereas work-life balance has a negative significant effect on employee motivation.
Based on the study's findings, it is recommended that CBO emphasize the above determinant
factors as they have a significant effect on employee motivation |