Work Values and Employee Performance of Deposit Money Banks in Anambra State, Nigeria

Misalignment of work values has led to detrimental outcomes such as low commitment to duty and decreased competence levels among employees. This study investigated the effect of work values on employee performance of Deposit Money Banks in Anambra state, Nigeria. Specifically, the study examined the effect of job autonomy on employee commitment; and the effect of job security on employee competence. The study anchored on the Expectancy Theory, developed by Victor H. Vroom in 1964. Descriptive survey research design was used. The population of the study comprised 231 drawn from the three predominating deposit money banks in the state. These deposit money banks were; Fidelity Bank, First Bank of Nigeria and Zenith Bank respectively. Sample size of 146 was determined using Taro Yamane’s formula. The main research instrument that was used for the study is structured questionnaire. The research instrument was subjected to both content and construct validation. Test-re-test reliability method was adopted. Data collected for the study were quantitatively analysed using both descriptive and inferential statistics. The descriptive statistics used include mean, tables, frequencies, percentages and charts while the inferential statistics used is Ordinary Least Square (OLS) regression analysis, with aid of SPSS version 20. The hypotheses were tested at a 5% level of significance. The finding revealed that there is a statistically significant positive relationship between job autonomy and employee commitment. Also, that Job security has a statistically significant positive effect on employee competence in deposit money banks in Anambra State. The study concluded that work values has significant positive effect on employee performance in deposit money banks Nigeria. The study recommended amongst other that banks need to build in as much autonomy as possible in their job design such that will allow the employees to be able to craft their jobs in some aspect the way it will suit them, as this will go a long way in making them more committed to their jobs.