Proceedings of 8th Annual London Business Research Conference Imperial College, London, UK, 8 - 9 July, 2013, ISBN: 978-1-922069-28-3 Motivation as a Tool for the Enhancement of Organizational Performance: A Study of First Bank Nigeria PLC Mary Ijeoma Marire and Prince Adonia Okonkwo Organisations need the services of men (employees) to achieve their objectives. The extents to which these objectives are achieved depend largely on the willingness of employees to put in their best. For employees to put in their best towards the achievement of organizational goals and objectives, they must be adequately motivated. Thus this research work was carried out to determine the impact on incentive as a motivational tool in enhancing organizational performance in the banking sector of Nigeria economy. To be able to carry out the above task effectively. Three research questions and three hypothesis were raised and formulated respectively. The aim was to find out the sequential impact of incentive in motivating workers to achieve greater results in performance, productivity and profitability. As well, oral interview was conducted . Their response were collected and analyzed using calculation of percentage and statistical tool of Chi-square. The analysis revealed that incentive as a motivational tool has a positive relationship with organizational performance. Following the above analysis, recommendations like adequate incentive, should be used to motivate and engender employees to perform. organizations should not necessarily focus only on monetary base but have some other nonmonetary incentive like management employee relationship, good medical attention. Since this study was focused on the banking industry, it was suggested that a study on the impact of incentive on motivating employees towards achieving greater results be adopted. Keywords: Enhancement, Motivation, Organization, Performance, Tool. _____________ Mary Ijeoma Marire, Ph.d, Department of Business Administration, Enugu-State University of Science and Technology,(ESUT), Enugu, Nigeria. Email: firstname.lastname@example.org Sir, Prince Adonia Okonkwo, Department of Business Administration, Enugu-State University of Science and Technology,(ESUT), Enugu, Nigeria.