Bonus and overtime rate payments as strategies for enhancing corporate performance

A serious question about “Bonus and overtime rate payments (motivation) has been asked by psychologists. What is it within an individual or his environment that initiates and sustains his or her behaviour? The essence of this research work therefore is to critically examine the effect of bonus and overtime rate payments (motivation) on employee's productivity and corporate performance. As management operates within a given organization or environment, it's success or otherwise, depend to a large extent on the motivation of it's employees(subordinates) not only in the internal organization, but in the wider environment in which it operates. The managers have to put into consideration, the environment and other factors that may affect the motivation of its employees. The Coca Cola bottling Company in Owerri, Imo State, Nigeria was studied using survey design. Four hypotheses were formulated and analyzed using Pearson's product moment correlation coefficient. The study shows that Bonus and Overtime rate payments as forms of motivation are good strategies for enhancing productivity and corporate performance.