Non-Financial Benefits and Employees’ Performance in Anambra State

Abstract

This study examined the Non-Financial Benefits and Employee Performance in Small Scale Industries in Anambra State.  The problem of the study was how to employ non-financial system of compensation to boost performance, high productivity and job satisfaction.  The major thrust of the study is to determine the relationship between non-financial benefits and employees’ performance. The research adopted descriptive survey. The data for the study were principally primary sources which were directly collected from the respondents with a structured questionnaire. Copies of structured questionnaire were administered to the respondents who constituted the sample size of this study. The hypothesis was tested using Pearson Product Moment Correlation Coefficient to determine the degree of difference in the responses of the employees. Findings revealed that the positive effect in the perception of the respondents on the extent to which non-financial benefits relates to employee’s performance was not significant which indicates that some other factors can still be necessary for a positive and significant improvement to be felt on employees performance. The study concludes that Non-financial benefits promote skills and positively improve work performance and as well help an organization to achieve its strategic goals. The study recommends that organizations should get to know the right motivational strategy to use in such a way that they provide maximum return for both the organization and employees.