Employee compensation management: The case of the national minimum wage in Nigeria
Employee compensation management: The case of the national minimum wage in Nigeria
Author(s): Samuel O. OyedeleSubject(s): Business Economy / Management, Human Resources in Economy
Published by: Fakulta managementu Univerzity Komenského v Bratislave
Keywords: employee compensation;national minimum wage;federalism;legislative list and controversy
Summary/Abstract: This article examines the issue of employee compensation in Nigeria with particular reference to the National minimum Wage. The paper notes that proper employee compensation management is central to industrial harmony in all organizations. The paper however discovered that, over the years, employee compensation as it relates to national minimum wage fixing in Nigeria has remained controversial and problematic. The major cause of this problem is its retention in the federal exclusive legislative list. Having noted all the issues involved, the paper is of the view that minimum wage fixing should be removed from the exclusive legislative list to the concurrent legislative list so that stakeholders can have input in the fixing of the minimum wage in order to maintain the much needed industrial harmony.
Journal: Journal of Human Resource Management
- Issue Year: 19/2016
- Issue No: 1
- Page Range: 51-55
- Page Count: 5
- Language: English