Abstract:
Motivation is able to make employees to work hard, to pay more time and to encourage organizations
to engage their employees in work to attain a common organizational and employee goal. Work motivation
(intrinsic & extrinsic) and employee performance is the тain issues for today’s management and often
considered as useful tool for employee performance.
This study explores any positive, negative, neutral or no relationship between (Intrinsic & Extrinsic) motivation
and employee performance of VTB Bank of Russia. Moreover, this study examines the impact of (intrinsic &
extrinsic) motivation on employee performance. The populations of the study were 100 workers of selected VTB
Bank of Russia. The study used quantitative study in order to fulfill the research purpose. The Pearson Product
moment Correlation Coefficient was used to test the two hypotheses that guided the study.
The study reveals extrinsic motivation given to workers in an organization has a significant influence on the
workers performance. On the bases of these findings, employers are continually challenged to develop pay
policies and procedures that will enable them to attract, motivate, retain and satisfy their employees.
