INCENTIVE SCHEMES AND EMPLOYEES’ PRODUCTIVITY IN PRIVATE ORGANIZATIONS IN NIGERIA Cover Image

INCENTIVE SCHEMES AND EMPLOYEES’ PRODUCTIVITY IN PRIVATE ORGANIZATIONS IN NIGERIA
INCENTIVE SCHEMES AND EMPLOYEES’ PRODUCTIVITY IN PRIVATE ORGANIZATIONS IN NIGERIA

Author(s): Olalekan Eyitayo Ajibade, Oluwaseun Salako
Subject(s): Economy, Business Economy / Management, Management and complex organizations, Human Resources in Economy
Published by: Editura Tehnopress
Keywords: employee productivity; dangote cement; incentive schemes; monetary; non-monetary;

Summary/Abstract: The aim of the paper is to examine the effect of incentives schemes on employees’ productivity in private organizations in Nigeria. The paper also researched on the useful information that would help private organizations apply and sustain various incentive schemes available. In achieving the objectives of this study, data were sourced from both primary and secondary sources. Primary sources consist of books and relevant journals while secondary data were gathered from cases from Dangote Cement Plc., Ibese. The findings were that a number of incentives (monetary, tangible and non tangible non-monetary) play prominent and significant roles in enhancing employees’ productivity in private organizations in Nigeria. The paper recommends that management should come up with short term employee attraction and retention mechanisms. The company cannot go far with unmotivated employees.

  • Issue Year: 10/2021
  • Issue No: 22
  • Page Range: 140-155
  • Page Count: 16
  • Language: English
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