Innovative Human Resource Management (HRM) is a widespread practice among educational entities of today. With the goal of increasing employees� motivation towards increased productivity, educational entities are seeking to apply themselves to various incentive mechanisms. Studies suggest that incentives play a key role in influencing employee performance. The purpose of this research is to analyze the incentive mechanisms of human resource management in educational institutions, and to find out the effect of employees� motivation on organizations and the different types of motivations. The paper also brings to bear insights on what motivates employees to work better for the overall benefit of an organization. The results of the study indicated that for employees to put in more extra efforts is based on the incentives they receive which motivates them to perform better. The study suggested ways by which incentive mechanisms can be improved in Ashesi University. The study also recommends the human resource management should develop effective human resource practices through an appropriate rewarding system, as well a good performance management system, with effective monitoring and supervising teams.