Remuneration of Workforce Productivity In First Bank
Abstract
This study examines the remuneration workers productivity in Nigeria's banking sector through a quantitative analysis of 20 senior executives from the nation's top 10 Deposit Money Banks. The research evaluates three compensation mechanisms performance-based bonuses (mean effectiveness rating=4.5/5), base salaries (4.05), and stock options (3.7) while examining moderating effects of organizational, regulatory, and economic factors. Statistical analysis reveals a robust hierarchy of incentive effectiveness, with bonuses showing the strongest correlation with productivity (r=0.81, p
Fields of Study & Subjects
Employee Performance and Management
Employee Performance and Motivation
Banking Sector Performance and Management
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 11 February 2026
- Language
- EN
- Document type
- Dataset