Reward and Motivation
Table Reward and Motivation
Statement Mean Std. Deviation
I understand the tools and methods used to reward employees at
CBKL
2.74 1.056
The positive rewards inspire me to meet my goals at work 2.97 1.214
I am satisfied with the method and tools used to reward
employees
2.58 1.162
Positive rewards help me to be more productive and work harder 3.32 1.251
I am always excited about going to work 3.56 1.057
Composite mean and standard deviation 3.03 1.148
Source: Study Data (2020)
Table indicates the level of agreement by the respondents with regard to reward and
motivation.
The overall average (Mean=3.03 SD=1.148) shows that the respondents were
agreeable with the way reward and motivation is carried out at the bank. The
employees are always excited to go to work (Mean=3.56 SD=1.057). The
respondents are more productive and
work harder because of positive rewards (Mean=3.32 SD=1.251). It is because of
positive rewards that employees are inspired to meet their goals at work (Mean=2.97
SD=1.1214). The employees were neutral on the tools and methods used to reward
them at CBKL (Mean=2.74 SD=1.056). The methods and tools used to reward
employees are satisfactory (Mean=2.58 SD=1.162).
From the results above, it is evident that the millennials at CBKL are not content with
how reward and motivation is conducted. The millennials are always happy to go to
work and this is because they are aware that the positive rewards ensure employees
are productive and are able to meet their goals at work. It seems the employees are
not conversant with the tools and methods used in rewarding them and the findings
indicate that they are also dissatisfied with the methods and tools used to reward
them.
Job Design
Table Job Design
Statements Mean Std. Deviation
I am aware of the tasks, duties and responsibilities which entail my
current job
4.25 .905
I am confident that I have the skills required in order to meet the
requirements of my job
4.35 .870
I am aware of the job specifications that are needed to perform
certain tasks
4.17 .818
I am always completely focused with my duties at work 4.17 .965
The bank is focused on job rotation, job enlargement and job
enrichment so as to enhance productivity
2.58 1.291
Composite mean and standard deviation 3.904 .969
Source: Study Data (2020)
Table presents the analysis of the respondents’ opinion of job design at Consolidated
Bank of Kenya Limited.
The overall study findings indicate that the employees are satisfied with the way
CBKL handles job design (Mean=3.904 SD .969). They are also assured that they
have the required skills for the job (Mean=4.35 SD=.870). The analysis indicates that
the duties, tasks and responsibilities are well known to the employees (Mean=4.25
SD=0.905). The job specifications are well outlined for all employees (Mean=4.17
SD=0.818). The millennials are always focused on their work (Mean=4.17
SD=0.965). According to the analysis, it seems the bank is not focused on job
rotation, job enlargement and job enrichment (Mean=2.58 SD=1.291).
The findings reveal CBKL’s job design is well structured and favored by the
employees. The employees have the right skills which are needed to carry out their
work. They are also knowledgeable about their duties, tasks and responsibilities. The
bank has made sure the job specifications are well known to the employees. The
study has also revealed that the millennials are attentive to their work. It has however,
been revealed that the bank has not put any emphasis on job enlargement, job rotation
and job enrichment.
Succession Planning
Table Succession Planning
Statement Mean Std. Deviation
I do understand what succession planning is 3.84 1.052
I am aware of the strategies put in place by the bank in order to
identify and develop future leaders
2.96 1.186
I am aware of the organization’s plans for my next potential career
opportunity
2.65 1.133
I am aware of the skills, experience and development
opportunities that I need in order to progress to the next job
opportunity when
the time comes.
3.61 1.090
I am always motivated and engaged when am aware about a career
path for my continued growth and development
3.79 1.128
Composite mean and standard deviation 3.37 1.112
Source: Study Data (2020)
Research findings on table show that overall the respondents are agreeable with the
succession planning at CBKL (Mean=3.37 SD=1.112). Majority of the respondents
understand the meaning of succession planning Mean=3.84 SD 1.052). The
millennials become motivated and engaged once they figure out their career path
(Mean=3.79 SD=1.128). They are also aware of the skills, experience and
development opportunities needed for career growth (Mean=3.61 SD=1.090). The
employees disagree with the strategies that the bank has put in place so as to grow
future leaders (Mean=2.96 SD 1.186). A career path that depicts growth and
development motivates and engages the employees at CBKL (Mean=2.65 SD 1.133).
The analysis above implies that the employees at CBKL appreciate the measures that
have been put in place concerning succession planning. They are aware what
succession planning is and they get motivated when they know their career path. The
millennials also know that skills, experience and development opportunities are what
will enhance their career growth. According to the analysis, the millennials don’t
seem to be aware about the strategies put in place by the bank in order to grow future
leaders. CBKL does not seem to have clear cut career path for its employees.
