Impact of Financial Incentives on Performance of Employees in Jordanian Commercial Banks and its Reflections on Jordanian Economy: A Field Study
Author(s)
Khaled Abdalla Mohd Al-Tamimi ,
Download Full PDF Pages: 39-48 | Views: 1683 | Downloads: 459 | DOI: 10.5281/zenodo.3474569
Abstract
this study aimed at investigating the impact of financial incentives on the performance of employees of Jordanian commercial banks and its reflections on the Jordanian economy, as well as identifying statistically significant differences in respondents ratings of the effect of financial incentives on their performance. The study sample consisted of (76) randomly selected employees in Jordanian commercial banks. Furthermore the study employed descriptive analytical approach and the following results: 1-The existence of a statistically significant relationship between an effective incentive system and employees performance in these banks; 2 the existence of a statistically significant relationship between reward system and employees performance level in the banks; (3) The existence of a statistically significant relationship between linking performance appraisal results as a basis for granting incentives and employees performance in these banks; (4) The existence of a statistically significant differences in employees performance level, due to their gender, age, marital status, and years of experience
Keywords
Financial incentives, Rewards, Commercial banks, Performance concept, Employees performance
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