アラビアン・ジャーナル・オブ・ビジネス・アンド・マネジメント・レビュー

The Impact of Financial and Moral Incentives on Organizational Performance: A Study of Nigerian Universities

Abstract

Elumah Lucas O, Ibrahim Olaniyi M and Shobayo Peter B

The study aims to examine the impact of financial incentives and moral incentives on organizational performance on employees of the Nigerian Universities. This study aims at investigating the role of the Nigerian universities in meeting the employees' societal needs, knowing the implemented incentives approach and knowing the level of performance in the Nigerian universities. Six universities in Nigeria were selected for the purpose of this study and analysis was done using Statistical packages for social sciences (SPSS) program. The main findings indicated that there is an adequate level of incentives provided to employees in Nigerian universities. Financial incentives ranked in 1st while moral incentives ranked 2nd It was also found that there is a high level of organizational performance. There was also a negative relationship between financial and moral incentives and organizational performance. Finally, this study has verified further research opportunities that could enrich the understanding of Incentives and organizational Performance in Nigerian universities.