The Effect of Non-Financial Incentives on Staff Productivity: The Case of Flintstone Engineering

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Date

2021-06

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Addis Ababa University

Abstract

Employees are the main force behind an organizations success and they need to be motivated through various means including financial and non-financial incentive mechanisms. However, the effect of such incentive packages on the productivity of employees has not well documented and limited information on non-financial incentive approaches. The purpose of this study was to assess the effect of non-financial incentives on employees productivity in Flintstone engineering. The study adopted an explanatory and descriptive research design. Out of 215 target population a sample size of 140 was taken using Yemani’s statistical formula and responses of 140 employees were analyzed. Statistical Package for Social Sciences (SPSS) Version 20 was used to analyze data. The validity of the instrument was checked and internal consistency of the instrument was measured using Cronbach Alpha. Hypotheses were established to verify the effect of all the independent variables (recognition, promotion, performance feedback and working condition) on the dependent variable (Employees’ productivity). The finding indicated that 47.4% predictability in employee productivity is described by the independent variables (recognition, promotion, performance feedback and working condition). The findings indicated that recognition, promotion, performance feedback and working condition have significant relationship with employee productivity. The results prove that Non-Financial incentives are important predictors that have an effect on employee productivity. The company must be able to improve and pay more attention to the provision of non-financial incentives especially promotion and working condition in providing the variables in a fair manner in accordance with employee performance contributions in order to improve, employee productivity

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Keywords

Productivity, Non-Financial incentives, Recognition

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