Impact of Reward System on the Performance and Job Satisfaction of Secondary School Teachers in Ovia North-East, Edo State, Nigeria

The aim of this study is to find out the Impact of Reward System on the performance and job satisfaction of Secondary School teachers in Ovia North-East, Edo State, Nigeria. The aim of the study was to identify different types of rewards and their impact on the performance of teachers. The study employed the cross-sectional research method for data collection through the use of questionnaire and survey. Frequencies, percentages, Pearson correlation and the Chi-Square tests were used for analyses of the data collected. The stratified random sampling was used to distribute copies of questionnaire among teachers in 20 Secondary Schools. 210 copies of structured questionnaire were distributed and 152 copies were retrieved and adjudged usable for this research. Data collected was analysed using descriptive statistics and the Statistical Package for Social Sciences (SPSS) version 21. On the basis of findings it was shown that most of the respondents preferred extrinsic to intrinsic reward though both had significant effect on performance and job satisfaction. It was recommended that since both extrinsic and intrinsic rewards were key to teachers’ performance, government and school administrators should use a combination of both for effective impact.