International Journal of Academic Pedagogical Research (IJAPR)
  Year: 2022 | Volume: 6 | Issue: 10 | Page No.: 56-61
Examining the effect of Employee Motivation on Profitability of commercial banks in Uganda: A Case Study of Centenary bank in Kabale Branch Download PDF
Alex Akankwasa, Teddy Akakikunda, Peace Turyomurugyendo

Abstract:
Centenary Bank Kabale Branch served as the case study for the study on commercial banks' profitability and staff motivation. The goals of the research project were to develop motivational strategies that Centenary Bank might apply, identify the variables affecting employee morale and commercial banks' profitability, and ascertain the connection between these variables and profitability in Centenary Bank. The results of the study showed a strong correlation between commercial banks' degree of profitability and a motivation system that works. According to the report, in order to keep their employees motivated and dedicated to their jobs, commercial bank employees need to be offered competitive wages and compensation. A sample of 200 respondents was used in the research study, which employed an explanatory research design. Simple random sampling and purposeful sampling were two of the sample methods used. The procedure of gathering the data involved the use of questionnaire and interview guides. Both SPSS V17 and Microsoft Excel were used to examine the data. According to the results, there is a strong link between commercial banks' profitability and staff motivation. The management of Centenary Bank must therefore devise a variety of measures to guarantee that its personnel can maintain a high level of motivation, which will ultimately aid the bank in achieving its aims and objectives, including maximizing profits and retaining clients. In order to increase job happiness, the report advises that employers make sure that workers are paid on time, receive allowances and other benefits, and endeavor to create a positive work atmosphere.