REWARD SYSTEMS AND EMPLOYEE PERFORMANCE AT THE UNIVERSITY OF GHANA

ABSTRACT

Reward management is one of the ways used by organizations for attracting and

retaining suitable employees as well as helping them to improve their

performance. This study was conducted at the College of Basic and Applied

Sciences, University of Ghana. The purpose of this study was to determine the

relationship between reward systems and employee performance at University of

Ghana. Specifically, the study sought to determine the relationship between

intrinsic and extrinsic rewards and employee performance as well as the effect of

intrinsic and extrinsic rewards on employee performance. The study adopted

descriptive design and utilized the quantitative research approach. Simple random

technique was used to sample 169 out 300 senior staff of the College of Basic and

Applied Sciences of the University of Ghana. Data was collected using

questionnaires. Descriptive statistics (frequency tables, percentages) were used to

present data. Data were analysed using SPSS 22 and SEM to generate the

descriptive statistics as well as run the regression analysis which were mainly

presented with the use of frequency tables and percentages. The findings of the

study showed that both intrinsic and extrinsic rewards had a significant positive

relationship with employee performance (β = 0.260, p