Does Reward System Affect Employee's Performance? A Case Study of Faculty in Covenant University, Ota, Ogun State of Nigeria

Abstract

The central objective of this study was to assess the effect of reward system on employee performance, the role Covenant University's reward system plays in influencing the scholarly output of her faculty members and the significant effect that the Covenant University's reward system has on the number of authors that publish articles in SCOPUS Indexed journals in doing this, the study examined the impact of Covenant University's reward system on faculty's performance. To achieving this, the study established that there are indicators to measure research prowess of a faculty namely: number of articles indexed in SCOPUS, number of citations and the number of authors. In rewarding faculty for their performance, Covenant University evolved reward policies on Publication Support, Conference Support, Promotion, and Staff Development Support. These policies provide that employees will receive full payment to publish their articles in SCOPUS as well get support to attend conferences indexed in SCOPUS. The reward system also permits faculty to use these publications to seek for academic promotions in the University. In collating data, the study used secondary data by exploring the total number of publications, citations and authors indexed in SCOPUS for Covenant University over a period of 12months. Findings reveal that there is indeed a direct impact of these approaches to reward on the performance of Covenant University's faculty's scholarly output.