Financial Incentives as a Motivating Factor for Employee Productivity

Productivity motivation and reward are key in the growth of small and medium enterprises, companies and businesses today. The study focuses on finance as the measure of all inputs to achieve the desired end results. Therefore, seeks to approve or test the hypothesis that financial incentives are a key motivation for employee productivity.Note that the role of investment is to earn profits. And profits belong to the business and need to be used to reward employees with new inputs, technology and incentives to improve the work environment.Every employee needs to work with a given level of submissiveness in the work place today one has to report, collect and analyze then make decisions in respect to the organizational structures, i.e. following structural command, and it's the financial incentives that help insure systems flow of command in and out of the firm.Employees are stimulated by their reward both extrinsic and intrinsic rewards systems and this has greatly impacted on their productivity and hence performance at work. The study however will draw more focus on the extrinsic rewards which focuses on the performance and activities of the employee's...

Autorentext

Mr. Joel Odama's economics and management consultancy is a sole proprietorship business with trademark registration under the trademark act no. 17 of 2010 of the Republic of Uganda, part of the register of names here in stated in class 45 under trademark number 67466 as of Feb. 28, 2020, in the respect of consultancy. Sealed 5th day of Nov. 2020.