Salary Increase And Employee Productivity In Cement Manufacturing Companies In South-South, Nigeria
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 10
Abstract
The organizational approach on salary increase has been a tool that triggers better employee performance in any given manufacturing organization that operates in a dynamic and competitive environment. The study examined the extent to which salary increase as independent variable (x) influences employee productivity in cement manufacturing firms in South-South, Nigeria. A study adopted survey design and questionnaire were distributed. A sample size of 310 was determined from a population of 1,381 staff, using Taro Yamane sample size determination formula. The questionnaires collated were analyzed using Pearson Product Moment Correlation Coefficient. Findings revealed that salary increase has significant relationship with employee productivity in cement manufacturing firms in South-South, Nigeria. Further findings revealed that employees are motivated by monetary rewards and they are induced to expend greater effort in a task if those efforts are rewarded directly through performance-related pay. It was concluded that employee salary should be determined and increase based on productivity of the employee as this will help to create competition among the employees to attain the set goals of the firm. The study therefore recommended that cement manufacturing firms in South-South, Nigeria should improve in the salary level given to employees and increase employee salary as at when due in order to be more productive.
Authors and Affiliations
Sunday Isaac Eneh Ph. D, Nwekpa Kenneth Chukwuma PhD, Udu Gabriel O C PhD
Keywords
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- EP ID EP412987
- DOI 10.9790/487X-2010010108.
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