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The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.

A thesis submitted to Department of Marketing and Corporate Strategy Kwame Nkrumah University of Science and Technology - School of Business in partial fulfilment of the requirements for the degree of Masters of Business Administration (Strategic Management option), School of Business, KNUST, Colleg...

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Main Author: Nkansah, Eunice
Format: Thesis
Language:English
Published: 2017
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access_status_str Open Access
author Nkansah, Eunice
author_browse Nkansah, Eunice
author_facet Nkansah, Eunice
author_sort Nkansah, Eunice
collection Thesis
description A thesis submitted to Department of Marketing and Corporate Strategy Kwame Nkrumah University of Science and Technology - School of Business in partial fulfilment of the requirements for the degree of Masters of Business Administration (Strategic Management option), School of Business, KNUST, College of Humanities and Social Sciences,
format Thesis
id oai:ir.knust.edu.gh:123456789/10311
institution KNUST (Ghana)
language English
last_indexed 2026-06-10T12:31:21.331Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
publishDate 2017
publishDateRange 2017
publishDateSort 2017
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source_str KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
spelling oai:ir.knust.edu.gh:123456789/10311 The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic. Nkansah, Eunice A thesis submitted to Department of Marketing and Corporate Strategy Kwame Nkrumah University of Science and Technology - School of Business in partial fulfilment of the requirements for the degree of Masters of Business Administration (Strategic Management option), School of Business, KNUST, College of Humanities and Social Sciences, Successful corporate strategies are those executed well by management, however, the execution of the strategies itself rest on the employees involvement in the processes of the business. It is therefore important for management to have a good understanding of factors that influence employees to be motivated in carrying out the necessary task and achieve or exceed management expectation. The study was conducted in Kumasi Polytechnic among the non-teaching staff. The sampling method used was the purposive or judgmental sampling. Questionnaires were distributed to 144 non-teaching staff. The data collected was analyzed using both descriptive and inferential statistics. The results of the study shows that the monetary incentives used in Kumasi Polytechnic consist of Merit Pay, Bonuses, Salaries and wages, Gain sharing, Accommodation Loan and Scholarship. Whiles the non-monetary incentives consist of Job Promotion, Career Development, Recognition and Fringe Benefit. The study also revealed that generally, the non-teaching staff of Kumasi Polytechnic are motivated. Furthermore, the study revealed that both monetary and non-monetary incentives have impact on motivation, however those that have significant impact were salaries and wages and Merit pay for monetary incentives and crèche for non-monetary. In addition, the study revealed that challenges faced in employee motivation include management not knowing what motivate employee at each time therefore failing to provide what motivates them most. The study recommended that those monetary and non-monetary incentives that have significant impact on employee motivation should be reinforced to enable employees give out their best. KNUST 2017-01-25T14:27:31Z 2023-04-18T23:14:03Z 2017-01-25T14:27:31Z 2023-04-18T23:14:03Z SEPTEMBER, 2016 Thesis https://ir.knust.edu.gh/handle/123456789/10311 en
spellingShingle Nkansah, Eunice
The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title_full The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title_fullStr The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title_full_unstemmed The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title_short The impact of monetary and non-monetary incentives on employee’s motivation: a case of non-teaching staff of Kumasi Polytechnic.
title_sort impact of monetary and non monetary incentives on employee s motivation a case of non teaching staff of kumasi polytechnic
url https://ir.knust.edu.gh/handle/123456789/10311
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