Non-Financial Motivation and Employee Efficiency in Nigerian Banks

Bartholomew Terfa Dansoho, Esther Nguper Dansoho

Non-Financial Motivation and Employee Efficiency in Nigerian Banks
Format
Paperback
Publisher
LAP Lambert Academic Publishing
Published
22 July 2024
Pages
52
ISBN
9786207466863

Non-Financial Motivation and Employee Efficiency in Nigerian Banks

Bartholomew Terfa Dansoho, Esther Nguper Dansoho

This study, "Non-Financial Motivation and Employee Efficiency in Nigerian Banks," explores how non-financial motivation affects employee efficiency and productivity in Nigerian banks. Grounded in Herzberg's Two-Factor Theory and Maslow's Hierarchy of Needs, the study employs a literature review methodology, synthesizing academic sources, scholarly articles, and case studies. Findings indicate that non-financial motivators such as recognition, career development, work-life balance, job security, and a supportive work environment significantly enhance job satisfaction and performance. Employees perceiving high non-financial support are more engaged and productive. The study underscores the importance of non-financial motivation alongside financial incentives, recommending Nigerian banks implement recognition programs to boost morale and productivity by making employees feel valued.

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