ABSTRACT
The aim of this research
work is to work into the effects or remuneration on the performance of employee
in the private sector. To this end. If tried to trace the history of
remuneration of employee is the public sector in Nigeria. The old system used
to have seven steps within a grade. During the year 1988, the administration of
Ibrahim Babangida introduced the elongated salary structure which increased the
steps in a grate of fifteen (15).
The reactions of
employees to the new structure and the problems that emanated form the
structure and how it affected those in the private sector of the economy are
all treated.
The researcher equally
considered the type of remuneration and fringe benefits available in incomtel
Nigeria Limited and how they are been motivating works to increase
productivity.
The instrument used in
the study is ten (10) items. This questionnaire distributed to the employees of
incomtel. The questionnaire was divided into two (2) parts; one part was
distribution while the other part reflected the opinions of the employees on
the management level.
The research summed up
the information receives from those groups of employees. The outcome formed the
major source of information needed to preposition.
TABLE OF CONTENTS
Chapter one
1.0 Introduction
1.1
General back ground of the subject matter
1.2 Problem
that the study will be concerned with
1.3 The
important of studying the area
1.4 Limitation
of study
1.5 Research
Questions
1.6 Reference
Chapter two
2.0 Review
of related literature
2.1
Remuneration as a motivator
2.2 Carrot
and stick Approach
2.3 Remuneration
of employees of private sector
2.4 References
Chapter three
3.0 Research
Methodology
3.1 Presentation
of Data Analysis
3.2 Discussions
3.3 Recommendation
3.4 Conclusion
3.5 References
3.6 Bibliography
CHAPTER ONE
INTRODUCTION
1.1
General Background of the Subject Matter
The public and private
organization in Nigeria have different people, sort various ways of increasing
the employees performance and also maintain employee loyalty
“According to management, introduction and Nigeria perspective by Akpala 18 “Employees
wanted raising wages and managements wanted profit and depend on productivity
which is their common quest.
From the above, I can deduce that productivity
is the glue which holds employee and employer together. How does an
organisation in the private sector go above to achieve its objectives and
maintain its employees on long time? A careful and efficient management of
remuneration packages to an extent determine the progress an organization
record at a given time. My experience on the private organization indicates
that remuneration which is not exploitative enhance employee performance.
This does not mean that
factors such as making an employee to have a sense of belonging in an
organisation does not enhance performance, but an employee who gets equivalent
of what he put in, in an organisation stands to perform higher .
This is because his
needs of feeding, clothing, housing which ranks among the physiological needs
according to Abraham Maslow’s need in hierarchy.
1.2
Problem That the Study Will Be Concerned With
There are many problems
facing the private organization. These include, high labour turnover,
government policy limited administrative skill, thus perception on low
productivity. Yet the researcher still want to know, is remuneration of
employee plays a significance role his or her performance.
What role does employers
on private sector play to encourage performance in area of employee
remuneration?
1.3
Importance of Studying the Area.
The importances of this
research study are:-
1.
To make adequate recommendations aimed at bringing harmony between
organizational importance and employees performance through effective
remuneration package.
2.
To look into various types of remuneration, their merits and demerits.
3. The
government policy on remuneration of public employee and see how it has
affected those in private sectors.
4. They
find it out if remuneration plays any role on the performance of employee in
the private sector.
1.5
Research
Questions
1. To
what extent has the government policy on remuneration of public employed
affected the employee of labour in the private sector.
2. The
employers remuneration contributed to the mobility of labour in the society.
3. To
what extent has remuneration of employees ameliorated their problems and at the
same time helps in achieving organizational goals?
4. What
are the effects of remuneration on employees productivity?
Not only that the
researcher used table in which the responses and the number of respondent for
each group shown in percentage method.
Furthermore, it was concluded that for remuneration scheme to achieve a desired
objective its implementation must not frustrate the employee. Also for
employees to be loyal, the agreement reached with the management has to be
adhering to the management. Where this is change the reason for such change
should also be communicated to the employees promptly.
Department | Business Administration and Management |
Project ID Code | BAM0189 |
Chapters | 3 Chapters |
No of Pages | 34 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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