THE IMPACT OF INCENTIVE WELFARE SCHEMES ON THE PERFORMANCE OF WORKERS

CHAPTER ONE

Introduction

1.1 Background Of The Study

The administration of staff incentive scheme has now become a popular phenomenon of the total personnel policy of nay organization. The scheme involves those extra benefits which may not necessarily be money, which emanate from the kind relationship of the employer to the employees, to supplement their usual wages, from the to time which are at most times geared purposely towards the enhancement of worker performance in the organization.

This scheme, where in existence is very important to both the organization and the employees. From the employer’s point of view, it is anticipated that a good staff employees incentive schemes will induce the employees to work hard and improve their general attitude towards the organization. But for the employee, these benefit represent some additional right such as extra income, additional security or more desirable working conditions that should not required any additional effort.

In business organization, employers of labour have seen in staff welfare services, as the ability to evoke commitment and co-operation of the subordinates to contribute more to the achievement of the organization goals and aspirations. This discovery has led many employers of labour to the introduction of well packaged welfare services, with the sincere belief that a good staff services, scheme will induce staff to work hard and improve the general staff moral.

The situation remains relatively the same but for the difference in methods of payment and apparent change in emphasis. The appraised of the staff welfare scheme are defined as “something of value, a part from the agreed regular monetary payment of salaries and wages given to staff”. This will be used as the working definition for this research work.

Staff welfare services exist, in all cultures and in all organization and had existed at all times. They like different shapes and forms and attract different names.

In recognition of their worker need fulfillment functions, they are variously called “welfare services” welfare benefit employees “income” or simply “supplementary compensation” pay and non wage remuneration”. As non-taxable income and expense, they are beginning to be called “indirect compensation and on tax benefit”.

In the past, they used to be tiny bits and pieces of goodies that occasionally fell from the light tables of paternalistic employers ie when the top management, play a fatherly role of the staff.

Its should be noted that for the company to achieve its objectives her welfare services should be adequate competitive who tailored towards the real need of the staff are directly influenced by nature quality and quantity of welfare services offered because they compare themselves with their counterparts in the organization.

In my research work and analysis I have found that workers do prefer increases in welfare services to increase in salaries especially during the period of inflation and rising prices. Workers normally get frustrated and dissatisfied when welfare services are inadequate. But if the opposite condition prevails, workers have been observed to be satisfied and more committed to give off their best to the achievement of the company’s objectives.

1.2 Statement Of The Problem

Often workers or employees are attracted to certain organizations not only because of the pay packets that are stated in the advert but also because of the benefits attached to them: These benefits usually include housing, transports and medical allowances to mention but a few.

These attractions may constitute a considerable objective is which such individuals made up their mind to serve in such organization. The absence or reduction in these primary attractions of such individuals into the organization will certainly lower the morale as well as efficiency of such individual’s performance, which will in turn reflect on the organization’s productivity.

Examples a bound where organizations in recent times, have been faced with instant agitation from the workers union and staff association, poor administration of the existing ones or total withdrawal of these benefits. These dissatisfaction expressed by the staff either on the provision or administration to staff welfare service. Activities become same serious problems, which demand my proper investigation and examination in order to find lasting solution to them. These assetions will be examined with respect to a govenrmetn owned enterprise called “THE NATIONAL ELECTRIC POWER AUTHORITY PLC, ENUGU ZONE.

1.3 Objective / Purpose Of The Study

The objective or purpose of this study is as follows:

To ascertain whether any of the services formally by the staff in the company has been withdrawn and the reasons that necessitated they’re withdrawal.
To ascertain whether there is other benefit which the staff demanded for effective performance of their jobs that are not yet provided.
To ascertain the problems of any that is encounter by the company in the administration of welfare services.
To determine the effectiveness or otherwise of staff welfare program in national electric power authority as perceived by the staff.
To make recommendation based on this study on how to improve the provision and administration staff welfare scheme in NEPA Plc Enugu zone if need be.

1.4 Scope Of The Study

In the nature of the research, students are often faced with many constraints. To evade some of these constraints, students are now required to carryout a case study where a small area will be selected for study sued as a reference point for large areas. So the scope of this study covers only a large spectrum of government owned enterprise in Nigeria called NEPA Plc Enugu zone.

It is hoped that the study of the administration of staff welfare scheme in NEPA will serve as an eye opener to efficient administration of welfare services in other government owned companies in Nigeria.

1.5 Significance Of The Study

The role that a comprehensive staff welfare scheme plays in the efficiency with which an average worker discharges his responsibilities and the achievement of the overall corporate of an organization cannot be under played. Organization thus, try as much as possible to attain their corporate objectives by helping their staff to accomplish their own personal objectives. This they do by setting up ideal welfare scheme for the benefit of their staff.

In another breadth, it is a matter of curiosity to observe who might be pondering on the new welfare scheme that I would be evolved by NEPA Plc Enugu zone, considering the circumstances in which the company as a new cooperate body is formed, leaving behind tow clearly distinct staff welfare scheme.

1.6 Definition Of Terms

For the purpose of this research work the following key works are defined as follows:

Staff

Any person who enters into a company, through an (employers) in return for wages salary or other valuable consideration. In this research work, this embraces both those ordinarily involved with the execution of the assigned work and those involved in the day decision making of the firm.

Welfare

Is a wide variety of services that is provided by companies for their staff, and in some cases for members of staff families. This word shall be used in this research interchangeable with fringes benefits, employee benefits, welfare services, supplementary benefits and supplementary compensation.

Scheme

This refers to a predetermined agreement of programmes events or development planned to accrue to a given expected outcome.

…

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …

Procedure for Downloading the PDF (Docx) Material

The Impact of Incentive Welfare Schemes on the Performance of Workers can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.

Seminar Material Cost
₦3,000

Project Material Cost
₦5,000

Request Complete Material

Complete Material Chapters of The Impact of Incentive Welfare Schemes on the Performance of Workers

Click here to request the Complete Material via WhatsApp including;

Preliminary Pages,
Chapter 1-5,
References and Appendix.

TABLE OF CONTENTS
PRELIMINARY PAGES

Title page
Approval page
Dedication
Acknowledgement
Table of Contents
Abstract
CHAPTER ONE
INTRODUCTION
1.1 Background …
⋮
CHAPTER TWO
LITERATURE REVIEW
2.1 Introduction
2.2 Conceptual Review
2.3 Theoretical Framework
⋮
2.4 Empirical Studies
2.5 Research Gaps
2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Introduction
3.2 Research Design
3.3 Population of Study
3.4 Sampling and Sampling Technique
3.5 Validation of Research Instrument
3.6 Method of Data Collection
3.7 Method of Data Analysis
3.8 Questionnaire Administration
3.9 Ethical Consideration
3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
4.1 Introduction
4.2 Presentation and Analysis of Data
4.3 Re-statement of Research Questions
4.4 Test of Hypotheses
4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Introduction
5.2 Summary of Findings
5.3 Conclusion
5.4 Recommendation
5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”

Disclaimer for Complete Material Utilization
The displayed research work titled "The Impact of Incentive Welfare Schemes on the Performance of Workers" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.

Frequently Asked Questions (FAQ)

Can this topic “Appraising the Effectiveness of Credit Administration and Management in Banking Industry” be used for Banking and Finance (BF) Project?

Yes it can be utilized for research — This research work was undertaken in order to appraise the effectives of credit administration in banking industry. We narrowed or investigation to four (4) commercials bank in Nigeria (Union Bank, UBA, Afribank and Bank PHB) The method of study adopted includes data obtained from both primary and secondary sources. The primary data mostly involves personal interviews, and questionnaire administered to the respondents of the management and staff of these banks. The secondary data was mainly information collected from textbooks, journals, magazines, unpublished monograms and various works of professional in the related fields to aid our inquiry. The total number of questionnaires administered to both management and staff of the banks amounted to 98 and a total of 80 questionnaires were recovery showing about …

Can the material for “National Savings and Economic Growth in Nigeria” be used as a guide for Economics Project?

Yes it can be used — The research work studied the national savings and Nigerian economic growth, spanning from 1970-2007. The study adopted Ordinary Least Square (OLS) single equation model. Using time series data over the period, the work shows that National Savings is not significant at SY level and it granger causes real gross domestic product. The study also shows that exchange rate is significant in its contribution to economic growth. The investment as one the of explanatory variables is significant and supports the idea that most of the investments in Nigeria are not from savings. The study also reveals that money supply has no impact on Nigeria’s economic should increase national savings through increased interest rate on deposits and also maintain its managed floating exchange …

Can the material for “Internal Control System in the Administration of Wages and Salaries in Ministries” be used as a guide for Accountancy / Accounting Project?

Yes it can be used — The importance of internal control in the administration of wages and salaries in ministry cannot be over emphasized. It is the responsibility of management to establish and maintain an effective internal control system that will enhance the attainment of organizational goals. Therefore, this study seeks to find out what extent the effectiveness of internal control system in ministries in Imo State can checkmate frauds. To carry out this assignment both the primary and secondary sources of data were used. A descriptive design was adopted for the study. One hundred and twenty questionnaire were distributed but only one hundred were returned. All the two were testing using Chi-square at 0.05 level of significance. One accepted the null and rejected the alternative …

Can the material for “The Impact of Effective Compensation on the Employees Performance” be used as a guide for Business Administration and Management (BAM) Project?

Yes it can be used — This study examined the impact of effective compensation on the employees performance. Total compensation is a concept which is not usually given attention in many organization. Compensation is mostly viewed as cash and therefore other aspects are neglected viewing compensation as a holistic system to manage for productivity is pertinent to organizational development. The researcher used questionnaire that is carefully designed and administered to the respondents for secondary data. Information were both gathered from libraries and other research units. All information gathered from both sources were later arranged and presented in textual and tabular form and also analysis using percentages. The major findings of the study are: Individual employees requires different motivational techniques in order to be motivated. Incentive and …

Can the material for “Urbanization a Problem to Food Production and Agricultural Development” be used as a guide for Agricultural Business Project?

Yes it can be used — In this research on Urbanization − A problem to Food Production and Agricultural development in Enugu State, effort were made to address issues that are related to the problems, cause, effects, challenges, practice and solutions to the future management as it Concerns man and his environment and his economic system, health security as well as food through agriculture and its related sectors. However, urbanization has been the problem of the world today especially in Enugu State it has taken its stand through the regional development which was enhanced by Evolution of Industrial Technologies, coupled with migration population movement of the people, which contributed grossly to the problem facing food and Agriculture in the state. These has been found as the major causes …

Can this topic “An Investigation Into the Effect of Teachers Motivation on the Academic Achievement of Students” be used for Business Administration and Management (BAM) Project?

Yes it can be utilized for research — The study was carried out to investigate the Effect of Teachers Motivation on the Academic Achievement of Students. It proceeded by defining teacher motivation as a general term applying to the entire class of drives, desires, needs, wishes and similar forces initiated for teachers, in order to induce them to act in desirable academically productive manner. Investigation revealed that the ineffectiveness of teachers has really been matters of general concern in our society as the school system have been adversely affected. This is chiefly attributed to lack of motivation and incentive to teachers. It therefore contributes immensely as a serious setback in the academic performance of students in secondary school. The research design used in this report is descriptive design, …

Can the material for “A Day Without Cockcrow by Labo Yari: A Literary Stylistic Analysis” be used as a guide for English Language Project?

Yes it can be used — The primary focus and interest of stylistics has been the analysis of style in any instance of language use, it examines both oral discourse and written text in order to ascertain the form and effect of choices and to determine essential linguistic properties, structures and patterns influencing perception of oral and textual discourses. This research work provides a literary stylistic analysis of LaboYari’sA Day Without Cockcrow. As a way in which literary appreciation is being made, the major aspects investigated include: the writer’s use of language, stylistic devices, narrative techniques and figurative expressions. These formed the basis of analysis in the course of the study. …

Can the material for “Human Resource Development and Productivity in the Civil Service” be used as a guide for Political Science Project?

Yes it can be used — The Civil Service as the machinery of Government performs the unique role of governance and National development as such government everywhere in the world have come to terms with the need to train and re-train it’s hum resource for them to be better equipped to maximize productivity levels and meet the challenges of governance and management. This work makes use of the system theory as theoretical framework and data gathered from secondary sources. My chapter one began with the general introduction where we have the background of study, statement of problem, objective of study, significance of study, literature review, significance of the study, theoretical framework, hypotheses, method of data collection and analysis, scope and limitation of study, operationalization of concept. In …

Can the material for “Privatization of Public Enterprises and the Working Class in Nigeria” be used as a guide for Political Science Project?

Yes it can be used — This work is intended to explores privatization of public enterprises and its impact on the working class in Nigeria. It contends that privatization has negative implications on the labour force and on the poor in Nigeria. The Marxist political economy was adopted as theoretical framework. Privatization of public enterprises is nothing but a political agenda of the capitalists and their ideologues. The data for this study were collected from the primary and secondary sources. With privatization, poverty and unemployment has increase, just as education and health care has become a luxury for the Nigeria masses. It recommends pro-poor reforms instead of this pathological fixation on privatization as the only solution to the country’s economic problems. …

Is the topic “Design and Implementation of a Computerized Staff Remuneration System” recommended for Computer Science (CS) Project?

Yes it is highly recommended — This project research on the topic “Design and Implementation of staff remuneration system” is aims at making the reader to understand the need of making or paying employees entitlement timely without deficiencies. Before now the process of staff payment or remuneration in an organization was highly flawed and filled with anomalies such as duplicate payments staff, amiss of staff naming during vetting process, miscalculation of staff monetary benefit, delay in concluding the general process and lots more. But with the advent of this new system it is certain that the above name challenges has been effectively brought to rest. Also included in this research work are a brief overview on remuneration, types of remuneration, which are commission, salary and wage. …