EMPLOYEE MOTIVATION AND PERCEIVED PERFORMANCE IN NEPALESE BANKING SECTOR
Date
2024
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Publisher
Shanker Dev Campus
Abstract
This study investigates the impact of motivation on employee performance in the banking sector. Data was collected from 150 respondents through a questionnaire survey, with motivational factors such as salary, promotion & rewards, working environment, and training & development as independent variables and employee performance as the dependent variable. A descriptive research design was used, and data was analyzed using various methods. Key motivational factors identified included salary, working environment, and rewards. The study found that while salaries are perceived as competitive, there is room for improvement in meeting financial needs. Training and development programs are seen as adequate but need improvement in quality and relevance. Improving salaries, benefits, promotions, working conditions, and training programs positively influences employee performance. Salary increases lead to reduced absenteeism, and rewards and promotions play a vital role in enhancing performance. The research, supported by a strong regression model, underscores the pivotal role of motivation in enhancing employee performance within the banking sector and provides actionable insights for further productivity improvements.