-
The Impact Of Management Incentive Policies On Worker’s Productivity
[A CASE STUDY OF DANGOTE CEMENT FACTORY, OBAJANA, KOGI STATE]
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
-
-
1.1 STATEMENT OF PROBLEM
Most incentive plans are designed to assist
in increasing efficiency in the organization. However, obtaining
employees acceptance of an incentive system may be difficult at the
onset. There may be fear that the plan will lead to a speed up layoffs
or reduce wage can cause workers resistance.
Most employers do
different things for instance ranking of people, contest, performance
appraisals, production, teams and departments, shifts, commission pay
etc. all this are believed to enhance performance. Some researchers
think it does the opposite instead of trying to use the external
motivation (something outside the work itself such as promised rewards
or incentives) to get higher levels of performance from people.
Employers will be better served by studying the organization as a
system. Employers demand results. Without good result organization will
find it difficult to survive. Managing incentive policies is a
requirement for higher productivity.
Consequent upon a systematic survey of the constraint inimical to the success of management incentives policies
1. To what extent has incentive policy affected workers productivity?
2. What is the purpose and importance of these incentives?
3. What is the effect of the absence of these incentives?
4. What is the way out?
1.2 OBJECTIVES OF THE STUDY
Good
incentive policies, when put in place, motivate workers and make them
happy and happy workers are often productive. Good management incentive
could be financial or non financial in nature. Financial incentive
happens to be the most important of the incentive schemes and it
includes wages and salaries, profit sharing scheme, etc.
This
researcher shall, by this study therefore beam search light on various
aspect of management incentive policies vis-Ã -vis productivity, with a
view to achieve the following objectives among others.
i. To examine the nature and feature of various incentive schemes
ii. To examine the usefulness and purpose of incentive in an organization
iii. To examine problems associated with individual incentive plans
iv. To make relevant recommendations based on findings.
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
-
ABSRACT - [ Total Page(s): 1 ]The impact of management incentive policies on worker‟s productivity. The place of good management incentive policies on employee‟s productivity cannot be over emphasized. Most incentives plans are designed to help increase efficiency in the organization. However, obtaining employee‟s acceptance of incentive system may be difficult at the onset. This research has been necessitated by the need of raise awareness of practitioners and the employers of labour to the need of high pr ... Continue reading---
