The Influence of Non-Financial Recognitions to Employee Performance: A Case of World Wide Fund

Ndalechi, Damas Raphael (2019) The Influence of Non-Financial Recognitions to Employee Performance: A Case of World Wide Fund. Masters thesis, The Open University of Tanzania.

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Abstract

The purpose of this study is to identifying the influence of non-financial recognitions to employee performance; assessing the role of employees’ motivation on organization performance and analyze the ways to improve employees’ performance through non-financial rewards at WWF. Specifically, the objectives are to understand types of non-monetary recognition to employee motivation and performance, understanding the modality of payment of non-financial recognition to employee, and understanding how other organizations including profit making organizations can adopt non-financial recognition schemes for their employees. The study employed descriptive research design and simple random sampling. A sample size 107 respondents was used in this study. The method of data collection is questionnaires and interviews. However, data were analyzed descriptively. Also the study found that non-financial recognitions boost employees’ morale and motivation towards high performance like monetary rewards. They increases high productivity and profitability, reduces labor turnover and absenteeism at WWF. Also the study exhibits that, good incentives schemes, good welfare schemes, good environment condition and job enlargement are the factors influencing employees’ motivation at WWF. However before any compensation inform of reward or recognition, revealed that the role of employees’ motivation at WWF is to improve output and loyalty, improve level of efficiency, employees’ satisfaction and stability workforce. Furthermore the study found that ways to improve employees’ motivation at WWF is equitable rewarding system and training, promotion and improve communication and transparency. Based on these findings, it is recommended that WWF shall balance rewarding employee performance by both monetary and non-financial recognitions as employees are motivated by different forms of rewards. Highly motivated employees are considered as crucial element in running a successful organization.

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