RUAHA CATHOLIC UNIVERSITY

Ruaha Journal of Business, Economics and Management Sciences (RJBEM)

RESEARCH ARTICLE
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Monetary Staff Motivation, Agency Roles and The Performance of Arusha Road KKKT Savings and Credits Society
Year 2021, Volume: 4, Issue: 1, 4-18, 2021-02-11
Godfrey Jacob Japhet
Abstract
The impact of monetary motivation on the execution of agency responsibilities and, ultimately, the performance of the Arusha Road KKKT Savings and Credit Cooperative Societies (SACCOS) in Dodoma City, Tanzania, was investigated in this research. The information from the two board members and four SACCOS workers was gathered using the in-depth interview data collection tool. Data was analyzed using manual content analysis. As revealed, the SACCOS employed competitive salaries, allowances, bonuses, and subsidized loans to motivate its employees. It was further revealed that monetary incentives had motivated SACCOS workers to fulfil their responsibilities without having to deal with the agency's concerns of conflict of interest, risk aversion, and personal gain by concealing SACCOS information. The study recommends that employees' motivating policies and strategies be properly formulated and implemented to intensify SACCOS' performance.
Keywords
Staff motivation, Agency roles, the performance of SACCOS, Tanzania
Details

Primary Language
English

Subjects

Journal Section
Research Article

Authors
Godfrey Jacob Japhet

Publication Date
2021-02-11

Submission Date
0000-00-00

Acceptance Date
0000-00-00

Cite

APA
Godfrey Jacob Japhet. (2021). Monetary Staff Motivation, Agency Roles and The Performance of Arusha Road KKKT Savings and Credits Society . Ruaha Journal of Business, Economics and Management Sciences, 4(1), 4-18.content_copy

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