Effect Of Reward Practice On Employee Commitment In Est Addis Ababa District Dashen Bank

Abstract

Employees are an important asset to any organization. To utilize this asset maximally, the commitment of employees to the organization is crucial. Banks success in achieving their mission depends on the employee’s capability that is being implemented which in turn bring employee commitment. The aim of this thesis was to depict the effect of reward practice on employee commitment at East Addis district Dashen bank context. To attain the objectives of this study descriptive and explanatory research design was used. By using stratified and simple random sampling techniques, 154 participants were involved in this research. Data was collected through questionnaire from a sample of 154 employees for East Addis district Dashen bank was conducted. The data collected from the questionnaire were analyzed using statistical tools such as mean, standard deviation, correlation, and multiple regression analysis. The results of this study indicate that, contrasting promotion and working condition the three reward practice (pay, benefit, and recognition) have positive and significant effect on employees’ commitment. Additionally, the above-mentioned reward practice significantly contribute 37% to dimensions of employees ‘commitment in Dashen bank. Based on the findings of the study, the researcher headlong wide-ranging recommendations to Dashen bank. Besides, the bank should give better attention towards promotion and working condition.