(For
Business Admin and Management Project)
ABSTRACT
The impact of
Remuneration and working conditions on organization’s productivity. The
study is aimed at appraising the conditions of work as well as compensations to
workers.
For the above purpose to be achieved,
research has been carried out. Hypothesis were tested, data were sourced
both primary and secondarily.
It was found out from the findings
that, both good working conditions and bad working conditions have effects on
the performance of workers
From the foregoing, it was discovered
that good working conditions, coupled with equitable compensation motivate the
workers of the life brewery Onitsha effectively and efficiently, increasing
productivity (performance). In same vein, the researcher found out, that,
bad working conditions and effect on the performance of workers.
Based on the findings the researcher
has concluded and suggested that the management of the life brewery should
encourage the workers by creating a good working conditions/atmosphere for
them.
Moreso, an equitable working condition
should be given to the workers as a for the effort they expend in performing
their tasks.
Finally, the researcher suggested that
the life brewery Ltd Onitsha should embark on job evaluation and performance
appraisal exercises to be able to ascertain the worth of jobs and capabilities
of staff.
TABLE OF CONTENTS
CHAPTER
ONE:
INTRODUCTION
1.1
Background of the study
1.2
Statement of the study
1.3
Objective of the study
1.4
Research questions
1.5
Hypothesis formulation
1.6
Significance of the study
1.7
Scope of the study
1.8
Limitation of the study
1.9
Definition of terms
CHAPTER TWO:
LITERATURE REVIEW
2.1
Quote author that are relevant to the write up
CHAPTER
THREE:
RESEARCH DESIGN AND METHODOLOGY
3.0
Introduction to the study
3.1
Research design
3.2
Area of the study
3.3
Population of the study
3.4
Sample and size determination
3.5
Instrument of data collection
3.6
Validation of the instrument
3.7
Reliability of data instrument
3.8
Method of data collection
3.9
Method of data analysis
Reference
CHAPTER FOUR:
DATA PRESENTATION AND ANALYSIS
4.1
Presentation and analysis of data
4.2
Testing of hypothesis
4.3
Summary and results
CHAPTER
FIVE:
DISCUSSION,
RECOMMENDATION AND CONCLUSION
5.1
Discussion of result findings
5.2
Conclusion
5.3
Recommendation
5.4
Suggestion for further research
Bibliography
Appendix
CHAPTER ONE
INTRODUCTION
Remuneration
is an important instrument that can insert into the workers, the strong effect
to bring out their best in order to attain organizational objective.
Remuneration is concerned with the wage and salary administration for various
jobs within particular organizations in other words remuneration is a form of
compensation given to workers in exchange for work they performed.
Compensation is grouped into direct and indirect.
Direct
compensation is the financial payment made at the time work is performed
examples of direct compensation are wages, salaries, overtime pay, commission
and bonuses. Wages are usually distinguished from salaries and refer to
direct compensation received by a worker paid according to hourly rates.
A
worker paid on monthly, semi-monthly or weekly basics received a salary.
Workers receiving a salary receive their pay according to the specific number
of hours they work. Besides, wages and salaries, workers are also
compensated for their efforts by certain benefits such benefits are paid during
vacation days and holidays. Health care, insurance and pensions are forms
of indirect compensation. Before remuneration can make an employee to
work very well, it must have to be interns of the effort the job needs in other
words a motivating remuneration is the one that is equitable to workers
contribution towards the achievement of the organization’s objectives.
Therefore,
a fair remuneration programme is one that responsive to this managerial and
economic objective and ensures acquisition and maintenance of a regular
adequate supply of labour for the worker not to feel cheated for a remuneration
scheme to satisfy or favour the workers, it must embrace the following:-
1.
Periodic review of organization’s wages/salary structure to be in tune with the
changing nature of the environment.
2.
control of differential rates of pay and evaluation of individual and group
performance for equitable compensation, through such schemes as incentive
payments, merits rating group bonus, overtime payment e.t.c.
just
as better working conditions and equitable remunerations make workers to be
effective and efficient in the same manner, poor working conditions and
inequitable remunerations make workers to be ineffective and inefficient as a
result of the uncared attitudes they might put up.
1.1
BACKGROUND OF STUDY
The
term “working condition” is very wide. It is wide in the sense that it
involves diverse aspects of administration and management, such aspects as
office environment, office communication, and motivation e.t.c.
Office
environment as factor of working condition affect the performance of workers.
Workers today are more educated than before they are likely to raise questions
about their environment of work, since, management is in itself a dynamic
process, it has to support and address itself to the provision of good
environment of work for workers for increased productivity.
Some
of the internal conditions suitable for office environment include:-
1.
Cleanliness:-
For good health of workers and extension of life and conditions of equipment.
2.
Avoidance of other crowding:- This permits free movement of
both workers and materials as well as enhances effective operational processes.
3.
Temperature:- Workers
and certain machines are successful in cool or air-conditioner offices than in
hot and noisy areas.
4.
Ventilation:- Good ventilation is relevant and necessary for
effective office work adequate number of windows that can allow enough into the
office is preferred.
5.
Sanitary convenience:-
Workers at work need toilets, wash hand basins, water towel, soap etc. for
their convenience.
6.
Light:-
The offices should be adequately light to assist workers especially during
clouding periods and peak periods when they have to stay far into the evening.
7.
Office premises:- Consideration should be given
to banks, post offices restaurants, markets, customers etc.
All the above conditions it well provided for the
workers, definitely their performance will be improved by a certain percentage.
Besides
the condition of offices the organization should also be responsible in
provision of the residential apartment of workers and unhealthy and poor
residence can make workers to be unhealthy likewise a worker can only be able
to put up his or her best when he or she is healthy. Therefore, the
management should care for their workers residential environment also.
Communication
is also an important tool that is needed by workers for the effective and
efficient performance of their job in an organization. It is an inevitable
tool when discussing the conditions of work, because it is the foundation upon
which organization and administration must be build.
Motivation
is another tool in working conditions of workers motivation affect workers
performance a great deal that is why some workers perform better than others in
an organization as a result individuals are motivated by different
factors. Based on that, managements should have at their finger tips that
they have diverse and unpredictable groups of workers to motivate. This
diversify may result in different behavioural patterns which in most cases
relate to needs and goals. Some of the factors are training and
development, salaries and wages, benefits, welfare services, understanding
between workers and management staff.
Workers
will prefer to work in an organization where the above motivating factors are
well appropriated. If the factors included in the working conditions of
workers will work in happiness and good faith, a happy worker is a productive
worker. Therefore, there is no doubt that a motivated workers performance
will be improved.
Just
as a motivated worker is expected to perform his work properly, if the need or
condition of a workers is left unsatisfied, the highly deficient need or
condition can lead to frustration, conflict and stress. Social ills
associated with frustration, conflict and stress include:-
1.
Defensive behaviour:-
This type of behaviour can occur when one tries to protect one’s image
absenteeism or withdrawal is part of defensive behaviour.
2.
Aggression:- This is a reaction to unsatisfied condition in
work environment. This type of action is directed towards an organization
by a worker in an improper working condition.
3.
Rationalisation:- This a
situation where by a worker explain failure in manner that is acceptable to
others because his/her working condition is poor.
1.2
STATEMENT OF THE PROBLEM
As
far as the life brewery is concerned, the following problems below are the resultant
of the poor performance.
1.
The poor remuneration:-
The package of the worker of life brewery is very poor, compare to the nature
and risks they ar exposed to in cause of performing their tasks or duties.
2.
Better fringe benefits are not assigned to them, certain bonuses and welfare
services that are supposes to be provided for the workers are not called for.
3.
Poor working
condition etc all the above mentioned problems are resulted to workers poor performance
in the life brewery.
OBJECTIVES OF THE
STUDY
Objectives
is to critically examined the list of available conditions of workers and
better pay packages, their practicability and execution, as well as their
importance towards improving the performance of the workers. Hence, the
basic aims of the study includes:-
1.
To identify the effects of working conditions and compensation on workers
performance.
2.
To examine the mode of compensations currently applied in life breweries and
how effective they are in motivation of workers.
3.
To determine what an organization should bear in mind when designing
remunerations for workers.
4.
To identify the strategies that is available to the life brewery in order to
obtain the greatest capacity of workers.
1.3
RESEARCH QUESTIONS
For
the researcher to locate better and genuine answers to the research problems,
the following research questions have been put forward thus:
1.
What are the effects of working condition and compensation on workers
performance?
2.
What are the methods of compensation applied in life Brewery Company?
3.
Does life brewery carry out performance appraisal?
4.
What strategies will life Brewery Company apply in order to increase
productivity of workers?
Although
these questions might be answered during formulation of hypothesis, the exact
responses might yet be unrevealed unless the research is carried out.
1.4
FORMULATION OF HYPOTHESIS
Hypothesis
is an intelligent or educated answer of guess to the problem of the researcher
under investigation so as to have a base for a companies and a guide towards
achieving the best result about the researcher problem, the researcher
formulated the hypothesis below:-
Ho:
A satisfactory working condition does not motivate the life brewery workers.
Hi:
A satisfactory working condition motivates the life brewery workers.
Ho:
An equitable compensation scheme do not lead to high performance or
low performance of workers.
Hi:
An equitable compensation scheme lead to high performance or low performance of
workers.
Ho:
The life brewery do not carryout performance appraisal exercise.
Hi:
The life brewery carryout performance appraisal exercise.
1.5
SIGNIFICANCE OF THE STUDY
The
importance of this study is numerous. They include:-
- It would allow the life brewery to better handle the issue of working conditions and remunerations as motivational tools for the employers.
- This research work would contribute to the already existing knowledge of man in the field of working condition and remunerations.
- Yet it will help workers to understand better their needs, aspiration at work
- Finally, having gone through this work, potential workers/manager will be allowed the insight to the reality of their working environment, which lies ahead of them when they might have been fully employed.
1.7
SCOPE OF THE STUDY
The
scope of this research is limited to life brewery Onitsha Division within the
station, however, all categories of staff were studied as questionnaires were
distributed ranging from senior staff to junior staff.
1.9
DEFINITION OF TERMS
Employees/workers:-
These are members of staff of a particular organization.
Environment:-
It is the place where the organization is situated or where the staff reside.
Remuneration:-
This is the
wage and salary administration for various jobs with a particular organization.
Organization:
Meant in the
study as the lift brewery.
Salary:-
A compensation
received by a worker on monthly,
semi-monthly, or weekly basis
for performing a task.
WASE:- The direct compensation received by a worker paid according to hourly rates.
Compensation:-
A remuneration
given to workers in exchange for work they provided to their employees.
Management:-
The staff at the top of the organization of a firm that control and
direct the operational.
Motivation:
It is energizing force that induces or compels and maintains behaviour of
workers.
For more project materials
Log on to www.theotherwomaninmarriage.blogspot.com
Or call
+2347069373637
+2348056128950
No comments:
Post a Comment