ABSTRACT:- This study examined the effect of financial reward on industrial harmony of Selected Public Tertiary Institutions in Southwest Nigeria. Specifically, the study examined the effect of salary and other allowances on industrial harmony of Selected Public Tertiary Institutions in Southwest Nigeria. A descriptive survey research design was adopted for the study. The population of the study comprised 11,374 academic and non-academic staff of the selected Public Tertiary Institutions (Ekiti State University, Ado-Ekiti, Adekunle Ajasin University, Osun State University and Olabisi Onabanjo University, Ago Iwoye) in Southwest Nigeria, out of which 386 staff were sampled using Yamane sampling model. Primary data used for the study were gathered through structured questionnaire. Data gathered were analysed using multiple regression.. The study found that salary have a strong significant effect on industrial harmony (t=2.788 and t=5. 474, p<0.05); Also, the study found that allowance have a very strong significant effect on industrial harmony (t=4.816, t=2.933, t=2.414 and t=2.470, p<0.05). Based on the findings, it was discovered that allowances affect industrial harmony than salary. The study concluded that financial reward constructs significantly affect industrial harmony of Selected Public Tertiary Institution in Southwest Nigeria.

Keyword:- Reward, Financial Reward, Industrial Harmony