TABLE
OF CONTENT
PAGE
Certificate
Dedication
Acknowledgement
Abstract
Table of Content
CHAPTER
ONE
1.0
Introduction
of the Study
1.1 Statement
of the Problem
1.2 Objectives
of the Study
1.3 Research
hypothesis and question
1.4 Methodology
1.5 Scope of
the study
1.6 Significance
of Study
1.7 Chaperisation
1.8 Definition
of Terms
1.9 References
CHAPTER
TWO
2.0
Literature
Review
2.1 Measured
Day work System
2.2 Profit Sharing
Scheme
2.3 Wages
Salaries Policy
2.4 References
CHAPTER
THREE
3.0
Research
Methodology
3.1 Population
of the Study
3.2 Sample
Size of the Study
3.3 Source
of Data Collection
3.4 Method
of Data Collection
3.5 Research
Design
3.6 References
CHAPTER
FOUR
4.0 Research
and Analysis of Data
4.1 Data
Presentation
4.2 Data
Analysis
4.3 Testing
of Hypothesis
4.4 Computation
and Interpretation of Hypothesis Test
4.5 Statistical
Tools
4.6 Decision
Rule
4.7 References
CHAPTER
FIVE
5.0 Summary
of Findings, Recommendation and Conclusion
5.1 Summary
of Findings
5.2 Conclusion
5.3 Recommendations
5.4 Suggestion
for Further Studies
5.5 References
Appendix i
Appendix ii
Bibliography
Questionnaire
CHAPTER ONE
1.0 INTRODUCTION OF THE STUDY
Wages and salaries administration is part of the
total compensation packages of any organization (Public or Private Sector)
Wages and salaries are to attract, hold and
motivate employee to put in their best. To ensure the cooperation of employees
on a continuing basis. To make sure the right type of employees are attracted
to the organization, to help employees maintain a reasonable standard of
living. It helps reduce employee turnover.
Incentive scheme involve paying an employee a
bridge that reflects his productivity on contribution to the organization.
Equity demands that what ‘A’ get in relation to ‘B” must be justifiable in
terms of the productivity of ‘B’ to the same organization.
The ultimate purpose of incentive payment system is
to enhance productivity, thus each incentive payment system used must be justifiable
in terms of motivating employee to higher productivity.
In the private sector i.e SONA Breweries Nigeria
Plc review of wages and salaries are done at regular interval through
negotiation between the management and the employees representatives. Also,
salaries are promptly paid to employees. Again, the payment of double increment
and productivity bonus. Other wise known as the 13th month pay is also a common
practice in the private sector.
If the total productivity of a country is very
high, the tendency is that wages and salaries will be high also. And it
continues to be adjusted in accordance with the trend of the productivity, for
example the Udoji Commission awarded increased wages to workers, in 1974 became
through the commission’s study of the Nigeria economy, it saw an increase in
productivity level. During job evaluation, jobs are graded according to
relative amount of skills, effort, mental alertness, education, purposes. An
engineer in a company is paid more than the technicians. There should be equal
pay for equal work.
Intrinsic rewards are contained in the attributes
of the job itself in terms of the task, duties, and characteristic of the job
as contained generally in the job description. Extrinsic rewards refers to the
financial compensation, i.e monetary attached to the job.
Infact, wages and salaries administration
determines, or influences productivity in any organization. What is wages and
salaries administration? What roles does wages and salaries administration play
in productivity? Why should employees/workers be motivated? Are there
incentives in a private sector like SONA Breweries Nigeria Plc. These are some
of the relevant issues addressed in this study.
1.1 STATEMENT OF THE PROBLEM
Wages and Salaries administration aspect, which is
the most vital in achieving productivity of the organization. This is the major
problem facing most organization and which has consequently deprived them of
achieving efficient and effective wages and salaries administration, this
cannot be over emphasized because it will help to improve employee
productivity, the efficiency and morals of the firms their-by leading to the
organization effectiveness.
1.2 OBJECTIVES
OF THE STUDY
1.
To identify
the organization policies, objectives and procedures of wages and salaries.
2.
To evaluate
the impact of wages and salaries administration as a tool for attaining
organization productivity.
3.
To
determine the effect of wages and salaries administration in the private sector
administration in the private sector and the employee performance with
particular reference.
4.
To
ascertain the effectiveness of wages and salaries administration.
5.
To evaluate
the impact of wages and salaries administration as a tools for motivating, promoting,
training, and staff development in order to enhance employee productivity.
6.
To find out
how wages and salaries can contributes to improve employee productivity in
their organization.
1.3 RESEARCH
HYPOTHESIS
From the problem identified, the following
hypothetical statements are
formed, and will be tested to ascertain the level
of correlation between the hypothetical statement and research findings.
1.
Ho:
There is no significant difference between the hypothetical statement and
research findings.
2.
Hi:
There is significant difference between
hypothetical statement and research findings.
3.
Ho: There are no significant differences between
salaries and wages administration and employees productivity.
4.
Hi: There are significant differences between
salaries and wages administration and employees productivity.
5.
Ho: There is no significant difference between
staff training, development and employee productivity.
6.
Hi: There is significant difference between
staff training, development and employee productivity.
RESEARCH
QUESTIONS
A. To what extent is the motivation influence on
employee productivity?
B. Is there and significant difference between wages
and salaries administration and employee productivity?
C. Does training and staff development have any
correlation Impact on employee Productivity?
D. To what extent has wages and salaries and other
incentives have impact on organization efficiency?
1.4 METHODOLOGY
The method of collecting data in this work is
through accessible textbook in libraries, SONA Breweries Nigeria Plc, House
Journals Newspapers, Magazines, a questionnaire which was administered directly
on the staff of the SONA Breweries Nigeria Plc department, Direct Personal
Interviews, Indirect Oral Interviews, Mailed Questionnaire Method, e.t.c. The
method of data collection adopted by the researcher is satisfied random
sampling technique. The reason is that it is applicable where we have hiterogenous
population (i.e population with distinct characteristics).
1.5 SCOPE OF THE STUDY
In the study, effort shall be made to identify the
remote and immediate causes of administration of wages and salaries on employee
productivity in a private organization. In order words, the study shall be limited
to the issues in objectives of the study then to examine the wages by which
private sectors administers wages and salaries being paid to employees in their
organization or establishment.
1.5 LIMITATION OF THE STUDY
This research study focuses on the impact of wages
and salaries administration on employee productivity with a case study of SONA
Breweries Nigeria Plc, Km 38, Lagos Abeokuta Expressway, Sango-Ota, Ogun State.
The researcher was faced with some problems in the course of carrying out the
study.
The first problem encounter was financial problem
and secondly, time factor, the research, was carried out along side with academic
works and other day-to-day activities. Thirdly, there was no enough
co-operation from the respondent as some of then felt reluctantion answering
most of the questions being asked by them.
1.6 SIGNIFICANCE
OF STUDY
The significance of this study therefore, is that
it explores ways in which maximum productivity or efficiency through adequate,
motivation of workers can be assured within an organization, say a private
sector like the SONA Breweries Nigeria Plc. Within all organizations the utilization
of labour towards the accomplishment of organizational goals is emphasized.
Thus in bureaucratic organizations, the enhancement of wages and salaries is
vital to the employees effectiveness and efficiency.
The research project affords an opportunity of
going into an in-depth knowledge as to how the human and technical element can
be managed towards improved or higher wages and salaries.
The study is also significant in the sense that it suggest
ways, if necessary on how to enhances, improved wages and salaries. In the SONA
Breweries Nigeria Plc.
1.7 CHAPTERIZATION
The researcher highlights the needs to ensure
efficiency in everything, doing the right thing at the right time. The reason
of the research work is, in order for employee or workers to perform better or
to inspired good administration of wages and salaries must be used to enhance
organizational productivity.
Good administration of wages and salaries are very
important in any establishment for the achievement of overall organization aims
and objectives within a very short period of time, so it is very difficult to divorce
it.
1.8 DEFINITION OF TERMS
WAGES:
It can be described as compensation being paid to
employee on hourly basis.
SALARIES: This is referred to as compensation being paid to
employee on monthly basis.
ADMINISTRATION:
It may be though as planning, organizing and
controlling of the activities of a company in relation to the direct and
indirect payment being paid to employees
for the work they performs or the services they render.
Adams (1913) defines administration as the capability to co-ordinate many,
and often conflicting, social energies in a single organization in an orderly
manner such that they can operate in Unity.
EMPLOYEE:
This is referred to as a person who works in a
company in return for a wages and salaries.
PRODUCTIVITY:
This rate at which works in a company or country
produces goods and the amount produced with how much time work or money is
needed to produce them.
According to Peter Drunker Productivity can be
defined as that balance between all factors of production that would give a
great output using the smallest or least effect.