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Human resource is an important aspect of any organization that if well managed can bring competitive advantages to the organization.Organizations spend a great deal of their scarce resources to attract, develop and maintain human resources in order to achieve their goals.
One tool that has been widely used to manage the performance of human capital is Employees Motivation.An effective employee motivation with its benefits can provide the basis for key managerial decisions such as those relating to allocation of duties and responsibilities, pay, delegation, levels of supervision, promotions, training and development needs.
Employee benefits and motivation is one of the most commonly used management tools and also is one of the most widely researched areas in Maslows hierarchy of needs theory and Bandura, Self-efficacy: Toward a unifying theory of behavioral change(Ajila, 1997 & Bandura, 1997a). However, thetraditional research agenda has done little to improve the usefulness of benefit and motivation as a managerial tool.
Over the past few years, society has had a great interest in studying motivation; business owner is the one who wants to know what motivates their employees to be successful, to reach higher, and value work well done.If employees do not enjoy their work, it will affect the success of organizational goals.Employees Benefits and its implications on Employees Motivations is therefore one of the most common concerns of supervisors and managers.
This study investigated employee benefits and motivation with anexisting literature on benefit and motivation utilizing a hypothesized four-factor modelMaslows hierarchy of needs theory and Bandura, Self-efficacy(Ajila, 1997& Bandura, 1997a) as the theoretical basis.Opinions of employees were gathered through data which were obtained via online survey questionnaire from 120 participants, and these collected data were analyzed using SPSS19.0 and Microsoft Excel 2007 software.Eighteen scales representing factors of motivation and eight types of packages indicating employeebenefits were included.
The findings of the study indicated that respondentsreaction to benefits and motivation was to be fair as indicated by their agreement with sixteen(16) scales and indicated they neither agreed nor disagree with the remaining two(2) scales used to measure the factors of motivation.In addition to that, respondents indicated that study leave with pay and salary advance upon request are the highest types of benefits and the remaining six are the least benefits that exist or was rated.