Motivational Factors And Efficiency In The Banking Industry (A Case Study Of First Bank Of Nig. Plc)

📄 Project Abstract

Lack of job performance and higher productivity has been attributed to lack of appropriate motivation over the years. This project discussed motivation and how it improves higher productivity in the banking sector. The project has looked at some theories of motivation and the types of motivation. It further discussed the effects of motivation on workers' performance. Questionnaire method of data collection was mainly used. It was discovered after the data analysis that there is a strong correlation between motivation and productivity. It was thus recommended, amongst others, that every effort is geared towards ensuring that workers' welfare is well taken care of and working conditions are made simple for workers to feel safe and secure. This will influence their commitment to the organization and at long run leads to higher productivity. Also, the issue of work environment has been looked at as another form of motivation. Observations to some extent have shown good working place in ter...