International Journal of Academic Management Science Research (IJAMSR)
  Year: 2022 | Volume: 6 | Issue: 7 | Page No.: 134-144
EMPLOYEE WELFARE AND PRODUCTIVITY OF BANKERS IN KABALE MUNICIPALITY, KABALE DISTRICT: A CASE STUDY OF EQUITY BANK Download PDF
Moses Ntirandekura and Friday Christopher

Abstract:
The study assessed the effect of employee welfare on productivity of bankers in Equity Bank, Kabale Branch. The study was guided by objectives which were to identify the various employee welfare practices adopted at Equity Bank-Kabale Branch, to investigate how employee welfare benefits are offered to employees at Equity Bank-Kabale Branch and to examine the benefits of employee welfare on employee productivity at Equity Bank-Kabale Branch. The study used a case study design. A sample size of 133 was used in the study. Purposive and simple random sampling techniques were used in selecting respondents. Data collection was done using questionnaires and interview guide. Data was analysed using frequencies and percentages generated using Microsoft excel program of a computer. The study established that the Equity Bank-Kabale Branch used many different employee welfare practices to motivate its employees. These include; provision of fringe benefits, paying bonuses to workers who put in extra effort, giving a sense of responsibility, promotion of consistently hardworking employees and treating the workers equally. Findings from the study revealed that the biggest number of the respondents were able to say that motivation plays a role in helping employees in organizations to perform their work. The respondents were also able report that the forms of motivation provided to employees help them to perform well by maintaining employees to employers relationship, help in encouraging performance of work efficiently and effectively, help in solving employees personal problems in their homes, encourage team work as well as improving morale of employees at their work places to perform better for improved profitability. The study recommended that employees should be paid well and given different allowances in order to motivate them. Also banks should charge low interest rates to their customers so as to make them attracted. This can make the workers motivated to work hard thus leading to their success in terms of development. Financial institutions involvement should take part in recommending the provision of motivational needs through adjusting in the labour laws.