Examining the influence of financial rewards on employees motivation at Kilosa District-Tanzania

This study explores the influence of financial rewards on employees’ motivation. The study uses descriptive research design with survey method. 73 respondents filled the distributed questionnaires during primary data collection. Descriptive statistics used in data analysis. Results are presented in tables and pie-chart. Data described using frequencies, percentages, mean and standard deviation. Pearson correlation measures the significance level of financial reward factors and principal component analysis used to extract financial reward factors based on various statistical criteria. Results show that financial rewards affect employees’ motivation. Extra duty allowance, medical allowance and salary were found to have high influence on employees’ motivation while water and electricity allowance, transport allowance, hardship allowance and house allowance de-motivate employees. Management reviews over aspects of financial rewards including allowances to water and electricity, transport, house rent, and hardship is highly recommended. Government should struggle to reduce inflation rate, as it leads employees’ demanding high salary and allowances to cover for accommodations and routine expenditure. Towards Tanzania; private rich and large companies/institutions have to assist government in offering services to public as part to its corporate social responsibilities.