Nexus Between Financial Motivation and Employees’ Performance Mediated by Employee Related Factors in an Organization

Human resource management is crucial in any organization success. Kenya Highland University have had a share of challenges affecting its growth. Poor performance in the Kenya Highland University with high staff turnover. The study aims to determine the effect of financial motivation and employee related factors on employee performance of Kenya Highlands University, Kericho, Kenya. The study was anchored on hygiene theory. Positivist research philosophy was adopted in the study. This examination applied a descriptive study approach. A target of 80 university staffs was used. Structured questionnaires were used for data collection. The collected data were keyed in and analyzed with help of SMART-PLS Version 4.0. Both inferential and descriptive statistics was used in the research. The descriptive statistics utilized mean and standard deviation while inferential statistics was adopted for testing hypothesis. Partial Least Squares Structure Equation Modelling (PLS SEM) were used in inferential statistics. This assisted in testing the moderating effect of personal employee factors on the relationship between financial motivation with employee performance. The results indicated that there was no direct significant relationship between relationship financial and employee performance. However, financial motivation had an indirect significant relationship with employee performance through employee personal factors. The study concluded that there was a full mediating effect of employee personal factors on the relationship between financial motivation with employee performance. The study recommend that the organization should reduce the disparity between fulltime and part-time lectures in financial. It should also consider personal factors of the employee based on job commitment and related factors in selecting appropriate employees. Those employees that are proactive, committed and intrinsically motivated will be suitable for financial motive which will results to improve of employee performance.