ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW,
PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE
COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953,
08168759420
THE
EFFECT OF FINANCIAL INCENTIVES ON STAFF PRODUCTIVITY
CHAPTER
ONE
INTRODUCTION
1.1
Background
of the study
All
organizations are concerned with what should be done to achieve high level of
productivity through staff motivation using the right kind of incentive.
Consequently the effect of financial and non financial incentive becomes a
burning issue in human resource management.
As
such a lot of theoretical concept, principles and techniques of management have
evolved in response to these challenges/ but most scholars suggest that more
conceptual and empirical work is required to show the link between financial
and non financial incentive and staff productivity is still vague but some
studies have documented in their work that financial incentive is readily
perceived as having a high instrumental value that makes putting forth extra
effort worthwhile and its has a long term effect in terms of labour turnover
rate because of comparative value for alternative employment while non
financial incentive has less initial impact as the pragmatics of financial
gain, they seem to have a steady, sustainable impact.
Despite
the growing body of literature and empirical study on the effect of financial
and non financial incentive on workers productivity, the subject matter still
remains complex. Hence, the need to undertake a survey on the effect of
financial and non financial incentives on staff productivity in Nigeria Postal
Services Kaduna.
1.2 Statement of problem
Nigeria
Postal Services (NIPOST) like other public enterprise is constraint with the
problem of using non performance based element like salaries to compensate it
staff as against performance-related pay structure which has hamper
productivity because it does not make worker put in extra effort in their work.
This is so because their compensation is not based on incentive schemes that
elicit additional effort of workers sequel to unfriendly government legislation
on wages clause and bureaucratic inefficiency. Hence the need to examine the
effect of financial and non financial incentive on staff productivity in
Nigeria Postal Services Kaduna.
1.3 Objectives of the Study
The
central objectives of this study are to examine the effect of financial and non
financial incentive on staff productivity in NIPOST Kaduna.
Specifically
the study is set out to:
i.
Identify whether NIPOST remuneration is
based on incentive schemes that motivate staff to perform.
ii.
Examine all financial incentives NIPOST
give to it staff and their effect on worker productivity.
iii.
Identify non financial incentives used
in boosting staff productivity in NIPOST Kaduna.
iv.
Find out the constraints militating
against NIPOST incentive scheme and make recommendations to the identified
problems.
1.4 Significance of the Study
This
study brings to light the effect of financial and non financial incentives on
staff performance in organization. The study will therefore be beneficial to
the organization understudy (NIPOST) in area of policy formulations as regard
staff incentive schemes and remuneration.
To
education, the study will contribute to already existing knowledge on the
effect of financial and non financial incentives on workers’ performance.
Finally,
to those in academics and human resource researches, the study will serve as a
springboard for further investigations.
1.5 Research Questions
This
study provide answers to the following
research questions:
i.
Is NIPOST remuneration based on
incentive scheme that motivate staff performance?
ii.
What kind of financial incentive do
NIPOST give to its workers and what are their effect on workers productivity?
iii.
What kind of non financial incentive do
NIPOST use to boost workers productivity?
iv.
What are the constraints militating
against NIPOST incentive scheme and how can these constraints be overcome?
1.6 Scope of the study
The
study covers an empirical investigation of the effect of financial and non
financial incentives on staff productivity in NIPOST Kaduna. The time frame for
this investigation covers NIPOST incentive schemes from 2006-2011.
1.7 Limitation of the Study
The
study is limited to bias in respondent opinion about the subject matter as well
as the use of a single study area and the uncertainly about the generalization
of finding sequel to the use of a single research design as well as instrument.
For
the fact that only NIPOST was used as the sole area of study it is no certain
if the same result would be obtained in other organization.
Respondent
bias and non challant attitude also
constitute a greater limitation to this research.
For
the fact that questionnaire constitute the only instrument use to collect data
and survey research design the sole
design used for the study. It is not certain if the same result will be
used if other type of design as well as instrument were used. All these factor constitute a
greater limitation to the research.
1.8 Definition of Term
Financial Incentives:
Monetary reward or compensation use to motivate workers.
Non
Financial Incentives: Other incentives apart from monetary
rewards.
Performance Incentive:
Rewards that motivates worker to put in more efforts.
Productivity:
The rate at which employee work and their yield in their organization.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you
will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account
below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are
good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter
one” of all our project topics and materials in order to convince you that we
have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank
Account contains all information about the owner of this website. For your own
security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment,
because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website
WORD-TO-WORD. These materials are to assist, direct you during your
project. Study the materials carefully and use the information in them to
develop your own new copy. Copying these materials word-to-word is CHEATING/
ILLEGAL because it affects Educational standard, and we will not be held
responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy
word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE LINKS:
myeasyproject.com.ng
easyprojectmaterials.com
easyprojectmaterials.net.ng
easyprojectsmaterials.net.ng
easyprojectsmaterial.net.ng
easyprojectmaterial.net.ng
projectmaterials.com.ng
googleprojectsng.blogspot.com
myprojectsng.blogspot.com.ng
https://projectmaterialsng.blogspot.com.ng/
Comments
Post a Comment