Financial incentives and their impact on the performance of employees in Yemeni Private Universities

ABDULLAH SALEH ALI SOFIAN and VANI NIKHIL LATURKAR *

School of Management Sciences, Swami Ramanand Teerth Marathwada University, Nanded, 431606, Maharashtra, India.
 
Review
International Journal of Science and Research Archive, 2022, 07(02), 390–401.
Article DOI: 10.30574/ijsra.2022.7.2.0301
Publication history: 
Received on 02 November 2022; revised on 09 December 2022; accepted on 12 December 2022
 
Abstract: 
This study aims to examine the impact of financial and non-financial incentives on the employee's performance at Yemeni private universities. The study used the descriptive analytical method in the study. The respondents of the study consisted of 138 employees from private universities in Sana’a. The questionnaire was used as the main instrument for data collection. The finding shows that improving performance was not correlated with financial incentives, while it was more correlated with non-financial incentives. The results revealed that financial incentives have no significant impact on improving employee performance, while non-financial incentives show a significant impact. The study recommends private universities to pay more attention to non-financial incentives.
 
Keywords: 
Incentives; Financial incentives; Employee's performance; Private universities; Yemen
 
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