The Impact of Non-Regular Monetary Incentives on Employee Performance: A Case Study of Stanbic IBTC Bank Plc

This study looks at how non-regular monetary incentives—specifically pay raises, performance bonuses, allowances, and profit-sharing—affect how well employees do their jobs at Stanbic IBTC Bank Plc. By breaking performance down into three clear areas (task, operational, and contextual), this paper maps out how strategic financial rewards impact banking staff. The research focuses on the bank’s Lagos headquarters and branches across the six Area Councils of Nigeria’s Federal Capital Territory (FCT) over a ten-year period (2014–2023). The goal is to provide practical, data-driven insights for bank managers and HR professionals operating in tough, fast-changing economic environments.