DETERMINANTS OF EMPLOYEE MOTIVATION: A CASE STUDY OF COMMERCIAL BANK OF ETHIOPIA

Abstract

This study attempts to examine determinants of employees work motivation in Commercial Bank of Ethiopia through empirically testing the variables including work content, working condition, payment, benefit, promotion, recognition and autonomy and carrier development. The study was done based on primary and secondary data sources. A self-administered questionnaire was designed to collect relevant information from the selected 266 respondents. Among these 254 questionnaires are returned and analyzed. The collected data was analyzed by SPSS version 21 using descriptive statics and multiple regressions. Based on this motivation variables have positive relationship or correlation with employee’s motivation. Based on the result of multiple linear regression variables like payment, benefit, working condition, recognition and promotion have positive and significance effect on employee’s motivation but employee autonomy and career development opportunity have no significance impact on employee’s motivation. Since the relationship between variables and motivation exist the management of commercial bank of Ethiopia should clearly state well-articulated motivational policy by involving some employees in the process of developing it in order to increase the employee’s motivation and to achieve its own goal.