RELATIONSHIP BETWEEN MONETARY AND NON-MONETARY INCENTIVES ON JOB INVOLVEMENT AND ORGANIZATIONAL COMMITMENT

AUTHOR: IBEAKA CHRISTIAN CHIBUEZE

DEPARTMENT: PSYCHOLOGY

AFFILIATION: NNAMDI AZIKIWE UNIVERSITY, AWKA

This study is on the relationship between monetary and non-monetary incentives on job involvement and organizational commitment. 273 participants comprising 102 males and 171 females, age range 20 to 65 years, mean of age 34.05, standard deviation 11.14, selected through non probability sampling of some private organizations in Enugu urban of Enugu State. Participants response were obtained on incentive scale, job involvement scale, and organizational commitment scale, respectively. Correlation design and Pearson product moment correlation coefficient statistics were used to analyze the data. Findings revealed that mean score of 95.86 and standard deviation of 8.14 for monetary and non monetary incentives and mean score of 38.23 and standard deviation of 4.70 for job involvement had significant positive correlation ( r (0.16, p <.000); mean score of 95.86 and standard deviation of 8.14 for monetary and non monetary incentives and mean score of 55.00 and standard deviation of 5.41 for organizational commitment had significant positive correlation ( r (2.29, p <.000). Based on the findings it was recommended that constant involvement of employees in the choice of incentives is to be maintained in this era of high technological innovations and competitive environment.

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