Effect of Financial Incentives on Employee Morale and Motivation of Small and Medium Scale Enterprises in Ekiti State

The study investigated the effect of financial incentives on employee morale and motivation small medium enterprises (SMEs) in Ekiti State, Nigeria, to establish whether merit pay bonuses significantly affect SMEs Nigeria. employed a survey research method obtain needed data. Data represented incentive measurement, while dependent variable which was sourced primarily through well-structured questionnaire. administered structured questionnaire two hundred forty respondents who were SME owners, managers, employees Ado-Ekiti, collated data analysed descriptive statistics ANOVA regression statistics. result multiple showed that positively affects ages with t-statistics probability (t = 7.288; 0.000 0.002 0.05. concluded has significant