Author(s) :

Tonyikere Bolou-Sobai, Tolofari, Daniel Tamunokediari.

Volume/Issue :

Abstract :

ABSTRACT This study investigates the relationship between employee motivation—both extrinsic and intrinsic—and workers' efficiency within First Bank Nigeria Limited in Port Harcourt. Utilizing a correlational research design, the study draws on a sample of 223 employees from various branches of First Bank in Port Harcourt. Through structured questionnaires and employing Pearson product moment correlation coefficient for analysis, the study explores how salaries influence innovation, productivity, and performance among the workers. The findings reveal a significant relationship between salary (as a form of extrinsic motivation) and the aforementioned variables, indicating that salary levels can significantly affect workers' innovative capabilities, productivity, and overall performance. Specifically, salary was found to account for approximately 48.2% of the variance in innovation, 18.1% in productivity, and 48.6% in performance among the workers. These results underscore the importance of both financial and non-financial forms of motivation in enhancing workers' efficiency. The study concludes that a conducive work environment, along with a motivational system that addresses both intrinsic and extrinsic needs, is essential for improving worker efficiency. Recommendations for practice include enhancing the work environment and fostering a positive relationship between management and employees to boost motivation and, consequently, productivity. Keywords: Motivation, workers efficiency, salary, innovativivity, productivity, performance

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