In the current world of work, employees are expected to feel highly valued by their employers as they tend to have higher job satisfaction for better work performance in order to meet the organizational goals provided, they are handsomely rewarded. The study assessed the effect of reward system on the workers’ job satisfaction in Vista International Limited, Lagos, Nigeria. A structured questionnaire was the instrument of data collection, while random sampling technic was utilized for the study. The utilized descriptive statistics involved simple percentages and tables, while inferential statistics in the study comprised percentages for socio-demographic factors, Multiple Regression, and PPMC (Pearson, Product Moment Correlation Coefficient). Results indicated a significant effect of pay on employees’ job satisfaction of staff members in Vista International Limited, Lagos (R2=.665, F=884.328, p <.05). It was also established a significant relationship between fringe benefits and employees’ job satisfaction of employees in the organization (N = 114, r = .747 p < 0.05). Further, there was a significant effect of promotion on employees’ job satisfaction of workers (R2=.558, F= 562.525, p <.05). It was concluded that there is a significant effect of reward system on the workers’ job satisfaction in the study area. The study, therefore recommends prompt review of the existing salary scale of the organization’s workers with the current economic situation in the country in order to boost their gratification and commitment to duties.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.