The Influence of Monetary Incentive Packages on Enhancing Employees’ Innovative Behaviour at Tanzania Port Authority

The study was designed to investigate the influence of monetary incentives package in enhancing employees’ innovative behaviour at Tanzania Port Authority. Abraham Maslow's Hierarchy of Needs theory guided this research. The research deployed cross sectional research design while stratified sampling technique and purposive sampling techniques were used to select members of sample size who were I71 respondents from the target population of 300 staff. Data were collected through questionnaire and analysis was done using descriptive and regression analysis for quantitative data. The study revealed that various incentives packages are offered by TPA, and these are salary, merit pay, recognition and bonuses. Also, employees are paid fairly for the work they do, which motivates employees to contribute new ideas The study further indicated that employees are motivated to come up with new ideas or innovations in their work while employees feel that their contributions and achievements at work are recognized. The study concludes that incentive packages offered at TPA enhance employees’ innovative behaviour at Tanzania Port Authority. The study recommends that the policy makers should ensure that monetary incentives provide a tangible reward for employees’ efforts, which can lead to increased engagement and commitment to innovation. Also, the policy makers should ensure that organisation establishes mechanisms for recognizing and rewarding innovative efforts through non-monetary means such as public acknowledgment, career advancement opportunities, or increased decision-making autonomy.

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Publication Details

Journal
African Journal of Empirical Research
Published
2024-10-31
DOI
https://doi.org/10.51867/ajernet.5.4.48
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

The Influence of Monetary Incentive Packages on Enhancing Employees’ Innovative Behaviour at Tanzania Port Authority

Felician Barongo, Ally Swai Koshuma
African Journal of Empirical Research
Islamic Finance and Banking Studies
article

The Influence of Monetary Incentive Packages on Enhancing Employees’ Innovative Behaviour at Tanzania Port Authority

Felician Barongo, Ally Swai Koshuma
article en

Abstract

The study was designed to investigate the influence of monetary incentives package in enhancing employees’ innovative behaviour at Tanzania Port Authority. Abraham Maslow's Hierarchy of Needs theory guided this research. The research deployed cross sectional research design while stratified sampling technique and purposive sampling techniques were used to select members of sample size who were I71 respondents from the target population of 300 staff. Data were collected through questionnaire and analysis was done using descriptive and regression analysis for quantitative data. The study revealed that various incentives packages are offered by TPA, and these are salary, merit pay, recognition and bonuses. Also, employees are paid fairly for the work they do, which motivates employees to contribute new ideas The study further indicated that employees are motivated to come up with new ideas or innovations in their work while employees feel that their contributions and achievements at work are recognized. The study concludes that incentive packages offered at TPA enhance employees’ innovative behaviour at Tanzania Port Authority. The study recommends that the policy makers should ensure that monetary incentives provide a tangible reward for employees’ efforts, which can lead to increased engagement and commitment to innovation. Also, the policy makers should ensure that organisation establishes mechanisms for recognizing and rewarding innovative efforts through non-monetary means such as public acknowledgment, career advancement opportunities, or increased decision-making autonomy.

African Journal of Empirical ResearchVol. 5(4)
Mzumbe University (TZ)
Openalex Percentile: Top 67%
Islamic Finance and Banking Studies
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