-
The Impact Of Wages And Salaries Administration On Employee Productivity
CHAPTER ONE -- [Total Page(s) 3]
Page 1 of 3
-
-
-
CHAPTER ONE
1.0 INTRODUCTION OF THE STUDY
Wages and salaries administration is part of the total compensation packages of any organization (Public or Private Sector)
Wages
and salaries are to attract, hold and motivate employee to put in their
best. To ensure the cooperation of employees on a continuing basis. To
make sure the right type of employees are attracted to the organization,
to help employees maintain a reasonable standard of living. It helps
reduce employee turnover.
Incentive scheme involve paying an employee
a bridge that reflects his productivity on contribution to the
organization. Equity demands that what ‘A’ get in relation to ‘B†must
be justifiable in terms of the productivity of ‘B’ to the same
organization.
The ultimate purpose of incentive payment system is to
enhance productivity, thus each incentive payment system used must be
justifiable in terms of motivating employee to higher productivity.
In
the private sector i.e SONA Breweries Nigeria Plc review of wages and
salaries are done at regular interval through negotiation between the
management and the employees representatives. Also, salaries are
promptly paid to employees. Again, the payment of double increment and
productivity bonus. Other wise known as the 13th month pay is also a
common practice in the private sector.
If the total productivity of a
country is very high, the tendency is that wages and salaries will be
high also. And it continues to be adjusted in accordance with the trend
of the productivity, for example the Udoji Commission awarded increased
wages to workers, in 1974 became through the commission’s study of the
Nigeria economy, it saw an increase in productivity level. During job
evaluation, jobs are graded according to relative amount of skills,
effort, mental alertness, education, purposes. An engineer in a company
is paid more than the technicians. There should be equal pay for equal
work.
Intrinsic rewards are contained in the attributes of the job
itself in terms of the task, duties, and characteristic of the job as
contained generally in the job description. Extrinsic rewards refers to
the financial compensation, i.e monetary attached to the job.
Infact,
wages and salaries administration determines, or influences
productivity in any organization. What is wages and salaries
administration? What roles does wages and salaries administration play
in productivity? Why should employees/workers be motivated? Are there
incentives in a private sector like SONA Breweries Nigeria Plc. These
are some of the relevant issues addressed in this study.
1.1 STATEMENT OF THE PROBLEM
Wages
and Salaries administration aspect, which is the most vital in
achieving productivity of the organization. This is the major problem
facing most organization and which has consequently deprived them of
achieving efficient and effective wages and salaries administration,
this cannot be over emphasized because it will help to improve employee
productivity, the efficiency and morals of the firms their-by leading to
the organization effectiveness.
1.2OBJECTIVES OF THE STUDY
1. To identify the organization policies, objectives and procedures of wages and salaries.
2. To evaluate the impact of wages and salaries administration as a tool for attaining organization productivity.
3.
To determine the effect of wages and salaries administration in the
private sector administration in the private sector and the employee
performance with particular reference.
4. To ascertain the effectiveness of wages and salaries administration.
5.
To evaluate the impact of wages and salaries administration as a tools
for motivating, promoting, training, and staff development in order to
enhance employee productivity.
6. To find out how wages and salaries can contributes to improve employee productivity in their organization.
CHAPTER ONE -- [Total Page(s) 3]
Page 1 of 3
-
-
ABSRACT - [ Total Page(s): 1 ]This research project is on the impact of wages and salaries administration on employee productivity. The purpose of this research work is to know the impact of wages and salaries administration on the staff of Sona Breweries Nigeria Plc. The aim of wages and salaries administration program of Sona Breweries is to improve the quality of productivity and to prepare employee for greater organisation productivity, for without wages and salaries administration personnel, an organization will find it ... Continue reading---
