ABSRACT
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 productivity through good incentive policies. The researcher‟s search light was beamed on several theories of incentive usefulness and purpose of a good incentive policy in an organization. Problems associated with individual incentive plans were also enumerated with a view to providing solutions to those problems in form of recommendations, which is that the management should concentrate more on individual incentive scheme whereby reward will be based on individual effort. Organizations have divergent policies on incentive, but towards what extent has these packages improve productivity? This research work is significantly useful as a reference point for subsequent researches and more useful to every organization that that desires to achieve high productivity. The descriptive research was adopted, while both primary and secondary source of data were explored. The population of the study was 187 and the sample size is 127 by using Yaro Yamane method. The study revealed that good incentive polices motivate workers, motivated workers are happy workers and happy workers are productive workers. The study also revealed that a monetary incentive is essential in getting workers to perform better. However, money is not everything for other factors are equally important.
TABLE OF CONTENT
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract vi
CHAPTER ONE
1.1 Introduction 1
1.2 Statement of problem 3
1.3 Objectives of the study 5
1.4 Research questions 5
1.5 Significance of the study 6
1.6 Scope of the study 7
1.7 Limitation 7
REFERENCE 9
CHAPTER TWO
2.0 Review of Related Literature 10
2.1 Theoretical Frame Work the Study 11
2.2 Historical back ground of Dangote Cement
factory, Obajana, kogi State. 25
2.3 Current literature on theories postulated 28
REFERENCE 41
CHAPTER THREE
3.0 Research Design and Methodology 42
3.1 Research Design 42
3.2 Source Of Data 42
3.2.1 Primary Source of Data 42
3.2.2 Secondary Source of Data 42
3.3 Postulation of The Study 43
3.4 Sample Design and Determination Of Design Size 43
3.5 Method Of Data Collection 45
3.5.1 Questionnaire Design, Distribution
and Collection Of Response 45
3.6 Methods Of Data Presentation And Analysis 46
REFERENCE 47
CHAPTER FOUR
4.0 Data Presentation and Analysis 48
4.1 Demographic Characteristics 48
4.2 Presentations According To the Key
Research Questions 49
CHAPTER FIVE
5.0 Summary of findings, conclusion
and recommendation 61
5.1 Summary of findings 51
5.2 Conclusion 63
5.3 Recommendation 64
BIBLIOGRAPHY 66
APPENDIX 68
QUESTIONNAIRE
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 productivity through good incentive policies. The researcher‟s search light was beamed on several theories of incentive usefulness and purpose of a good incentive policy in an organization. Problems associated with individual incentive plans were also enumerated with a view to providing solutions to those problems in form of recommendations, which is that the management should concentrate more on individual incentive scheme whereby reward will be based on individual effort. Organizations have divergent policies on incentive, but towards what extent has these packages improve productivity? This research work is significantly useful as a reference point for subsequent researches and more useful to every organization that that desires to achieve high productivity. The descriptive research was adopted, while both primary and secondary source of data were explored. The population of the study was 187 and the sample size is 127 by using Yaro Yamane method. The study revealed that good incentive polices motivate workers, motivated workers are happy workers and happy workers are productive workers. The study also revealed that a monetary incentive is essential in getting workers to perform better. However, money is not everything for other factors are equally important.
TABLE OF CONTENT
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract vi
CHAPTER ONE
1.1 Introduction 1
1.2 Statement of problem 3
1.3 Objectives of the study 5
1.4 Research questions 5
1.5 Significance of the study 6
1.6 Scope of the study 7
1.7 Limitation 7
REFERENCE 9
CHAPTER TWO
2.0 Review of Related Literature 10
2.1 Theoretical Frame Work the Study 11
2.2 Historical back ground of Dangote Cement
factory, Obajana, kogi State. 25
2.3 Current literature on theories postulated 28
REFERENCE 41
CHAPTER THREE
3.0 Research Design and Methodology 42
3.1 Research Design 42
3.2 Source Of Data 42
3.2.1 Primary Source of Data 42
3.2.2 Secondary Source of Data 42
3.3 Postulation of The Study 43
3.4 Sample Design and Determination Of Design Size 43
3.5 Method Of Data Collection 45
3.5.1 Questionnaire Design, Distribution
and Collection Of Response 45
3.6 Methods Of Data Presentation And Analysis 46
REFERENCE 47
CHAPTER FOUR
4.0 Data Presentation and Analysis 48
4.1 Demographic Characteristics 48
4.2 Presentations According To the Key
Research Questions 49
CHAPTER FIVE
5.0 Summary of findings, conclusion
and recommendation 61
5.1 Summary of findings 51
5.2 Conclusion 63
5.3 Recommendation 64
BIBLIOGRAPHY 66
APPENDIX 68
QUESTIONNAIRE