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Reward Management and the Performance of Shelter Firms in Ilorin Metropolis.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Reward Management and the Performance of Shelter Firms in Ilorin Metropolis./
作者:
Oluwaseyi, Kamaldeen Yunus.
面頁冊數:
1 online resource (111 pages)
附註:
Source: Masters Abstracts International, Volume: 84-01.
Contained By:
Masters Abstracts International84-01.
標題:
Business administration. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29319811click for full text (PQDT)
ISBN:
9798837549816
Reward Management and the Performance of Shelter Firms in Ilorin Metropolis.
Oluwaseyi, Kamaldeen Yunus.
Reward Management and the Performance of Shelter Firms in Ilorin Metropolis.
- 1 online resource (111 pages)
Source: Masters Abstracts International, Volume: 84-01.
Thesis (M.S.)--Kwara State University (Nigeria), 2022.
Includes bibliographical references
A major challenge confronting managers in the 21st century is their choice and use of reward systems which brings compensatory damage that has huge detrimental effects on the financial performance of the organization. It results in significantly reduced human conflict with organization, and perceptions of internal fairness. The reward program can still be doubted and questioned on its value and fairness or equity level in its dissemination among employees. There are criticism that organizations in Nigeria particularly miss the most important component of reward system, therefore this study examined reward management and performance of shelter firms in Ilorin metropolis, the study specific objectives were to; examine the relationship between financial rewards and organizational profitability; examine the relationship between non-financial rewards on sales volume; examine the relationship between non-financial rewards of employees and Olak profitability; and examine the effect of non-financial rewards of employees on Olak sales volume. The study employed quantitative method using survey approach. Data was collected through self-administration of a structured questionnaire, 157 copies of questionnaire were administered to the staff of OLAK. PLS-SEM analysis was used to test the hypotheses. The results show that reward management has a significant effect on the performance of entrepreneurial company in Ilorin. Based on the results obtained from the field of study, the following recommendations were proposed. Total reward mix should comprise more of a non-monetary and less of monetary rewards. By this, intrinsic motivation will be increased and workers will have the feeling that the employee is taking care of his total need. Dissatisfaction will be greatly reduced, profit sharing method should be encouraged; by this means, a feeling of ownership will be created amongst the employees which will urge them to give of their best, compensation packages should be tied to performance; in other words there should be some level of viable pay input in the package composition.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023
Mode of access: World Wide Web
ISBN: 9798837549816Subjects--Topical Terms:
3168311
Business administration.
Subjects--Index Terms:
Reward managementIndex Terms--Genre/Form:
542853
Electronic books.
Reward Management and the Performance of Shelter Firms in Ilorin Metropolis.
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A major challenge confronting managers in the 21st century is their choice and use of reward systems which brings compensatory damage that has huge detrimental effects on the financial performance of the organization. It results in significantly reduced human conflict with organization, and perceptions of internal fairness. The reward program can still be doubted and questioned on its value and fairness or equity level in its dissemination among employees. There are criticism that organizations in Nigeria particularly miss the most important component of reward system, therefore this study examined reward management and performance of shelter firms in Ilorin metropolis, the study specific objectives were to; examine the relationship between financial rewards and organizational profitability; examine the relationship between non-financial rewards on sales volume; examine the relationship between non-financial rewards of employees and Olak profitability; and examine the effect of non-financial rewards of employees on Olak sales volume. The study employed quantitative method using survey approach. Data was collected through self-administration of a structured questionnaire, 157 copies of questionnaire were administered to the staff of OLAK. PLS-SEM analysis was used to test the hypotheses. The results show that reward management has a significant effect on the performance of entrepreneurial company in Ilorin. Based on the results obtained from the field of study, the following recommendations were proposed. Total reward mix should comprise more of a non-monetary and less of monetary rewards. By this, intrinsic motivation will be increased and workers will have the feeling that the employee is taking care of his total need. Dissatisfaction will be greatly reduced, profit sharing method should be encouraged; by this means, a feeling of ownership will be created amongst the employees which will urge them to give of their best, compensation packages should be tied to performance; in other words there should be some level of viable pay input in the package composition.
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