IMPACT OF REWARD ON ORGANIZATIONAL PROFITABILITY AND EMPLOYEES PERFORMANCE

  • Type: Project
  • Department: Business Administration and Management
  • Project ID: BAM0965
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 1.1K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Abstract

          This study x-rayed the impact of reward on organizational profitability and employee’s performance, in Emenite ltd, Emene. To achieve this purpose, some objectives of the study, research questions and literature review were raised. The study adopted survey research design, due to the nature of the enquiry. The population of the study was 92 members of the staff out of which the sample size was drawn, including male and female staff of the organization. The sampling techniques used was simple random sample to avoid in the study was primary and secondary sources. The data gathered in the field during study was analyzed using tabulation, percentages and chi-square methods. The major findings on the study were lack of efficient service, poor motivation, management infectivity to workers fringe benefits not given to workers as required, poor salary structure and low level of performance. Based on the major findings, the researcher, however, recommended as follows;

That the staff of the organization should be motivated and all the due rights and privileges given to the staff. The management of ten organization should also imbibe the culture of management by objective to avoid the idea of infectivity in dealing with the staff of the organization, that proper reward of the staff performance would no doubt ginger the staff to contribute their quota earnestly to the growth and development of the organization thereby achieving their co-operate objectives.

Chapter 1

1.0 INTRODUCTION

1.1 Background of the Study

          Emenike ltd was incorporated in 1961 as turner abestors Cement (TAC Nigeria Ltd,) the company commenced the actual business of manufacturing re-forced fiber-cement material such as roofing-sheet and flat sheets (ceiling board in 1963). The product line was later expanded to include pressure pipes. In 1988, turners building (turner assistors cement TAC ltd Emene was acquired by Emenite group of Belgium and in 1989, the name was charged to Emenite ltd.

          Emenite ltd pays a lot of emphasis on product inspection. They start from the raw material, the raw material includes cement, wood, pulp and fibre, undergoes series of tests.

          The wood is tested for the dispersion and shaper rougher S.R that determines that freeness of the wood pulp. Then the fibre is tested by solubility, which determines that dispersion ability in the fibre.

The final inspection is the finished product inspection, which a simple is collected at random from the production line, from each pallet as they are called and after (curing) drying, they test the bending strength which determines the strength of the product and also tested for all porosity and density which will show the ability of the product to absorb water, this tests are being carried out in two stages.

          First after 7 days and second after 28 days, then if they are certified okay by the quality controller, it can now be sold. The control of the product is purely the responsibility of the quality control department. In Emenite ltd, the department comprises of the quality control and the process control.

          The process control section is responsible for the online process of the product while the product are still in process, they control the parameters and make sure that the production crew comply to the set standard, if there is any non conformity in the process, a complaint form is being issued out to the production crew for immediate correction. This section is responsible for testing and certifying the raw material before use.

All the products have a standard that it must pass before they are released from the quality control department. The company presently has a staff strength of about 200 which is supplemented by a few contract worker hire from the time as the need arise.

1.2 Statement of the Problem

          There is controversy all over the companies; there is a frequent clash between company and customers. Most times when the customers visit the company, experience is always unbearable, delayed tactics and the manner by which the workers react to their customers, mostly with harsh tones, in attending these customers, create lot of discouragement. The head office of Emene ltd in Lagos works even on Sunday without any of the staff complaining, while their counterparts of the other companies were on their weekend or holidays.

          Work overload were the major problem facing Emenite ltd Company even most times, delay in receiving their salary, it takes the management one or two weeks, delay to pay their workers monthly salary especially Emenite ltd emene Enugu.

IMPACT OF REWARD ON ORGANIZATIONAL PROFITABILITY AND EMPLOYEES PERFORMANCE
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM0965
    Fee ₦5,000 ($14)
    Chapters 5 Chapters
    No of Pages 65 Pages
    Format Microsoft Word

    Related Works

                      THE IMPACT OF COMPENSATION AND REWARD SYSTEM ON ORGANIZATIONAL PERFORMANCE  CHAPTER ONE BACKGROUND OF THE STUDY 1.1    Introduction Organizations are established with the aim of effectively utilizing various available human and non-human resource to achieve certain objective. Among these resources in human, which is... Continue Reading
    ABSTRACT This research work emphasizes on the impact of reward and compensation system on the productivity of employee in an organization. The major objective of the study is to ascertain the possible change or impression of reward and compensation... Continue Reading
    ABSTRACT  This research work emphasizes on the impact of reward and compensation system on the productivity of employee in an organization. The major objective of the study is to ascertain the possible change or impression of reward and compensation system on the performance of employee in an organization and critically examine its impact on... Continue Reading
    ABSTRACT This study determines the influence of reward system on the performance of employees at Standard High School, Zzana Further sought in the study was, to determine the extent of reward system methodology as employed by directors and head teachers, to determine the level of concern and reward for performance by directors and head teachers,... Continue Reading
    CHAPTER ONE BACKGROUND OF THE STUDY 1.1       INTRODUCTION Organizations are established with primary aim of making profit and a secondary aim of effective utilization of available human and non-human resources. Among these resources is human, which is commonly seen as the most valuable asset an organization could use to earn competitive... Continue Reading
    ABSTRACT   “Employee Turnover” as a term is widely used in business circles. Although several studies have been conducted on this topic, most of the researchers focuses on the causes of employees’ turnover, but little has been done on the examining the sources of turnover, effects and advising various strategies which can be used by... Continue Reading
    ABSTRACT This research work focus on the impact of employees’ commitment on organizational performance with reference to Moon Light Bakery, Ado-Ekiti. The study of employees’ commitment plays a critical role in the smooth and efficient running of any organization. Increased employees’ efforts lead to higher productivity, performance and... Continue Reading
    ABSTRACT   “Employee Turnover” as a term is widely used in business circles. Although several studies have been conducted on this topic, most of the researchers focuses on the causes of employees’ turnover, but little has been done on the examining the sources of turnover, effects and advising various strategies which can be used by... Continue Reading
    ABSTRACT This research work focus on the impact of employees’ commitment on organizational performance with reference to Moon Light Bakery, Ado-Ekiti. The study of employees’ commitment plays a critical role in the smooth and efficient running of any organization. Increased employees’ efforts lead to higher productivity, performance and... Continue Reading
    ABSTRACT Despite the government reforms effort in the National Police Service, performance has continued to deteriorate with criminal activities increasing day by day. The Police received an increase of 1,448 crime cases during September to December 2018, marking 7% rise from the 19,815 incidents reported to the police in 2017. Although research... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us