The Effect of Financial Incentive on Employee Productivity in case study of Somali Micro Finance in Jigjiga city, Somali Regional State, Ethiopia

Abstract

The study was focused on impact of financial incentives on employee’s productivity in Somali micro finance institutions. The technique that was used to collect necessary data was structured research pepper interview and questionnaires. Both open and close ended questionnaires are included. The main reason behind choosing this method is to gather factual data, opinion and attitude of employees regarding financial incentives.  When study was conducted census technique was used to gather data from employees of the organization. The main reason to select this technique is the employees of the organization are very small. They are exactly 22 employees. Finally the study finding was processed, analyzed and discussed using descriptive methods and the results are presented using table, percentage and pie chart.