ASSESSMENT OF THE IMPACT OF POSITIVE LEADERSHIP STYLE ON PENSION FUND ADMINISTRATION IN PENION BOARD, MAIDUGURI, BORNO STATE, NIGERIA
Abstract
ThisstudydealswiththeassessmentoftheimpactofpositiveleadershipstyleonpensionfundadministrationinthePensionBoard,Maiduguri,BornoState.Asampleof44respondentswasselectedandusedforthestudyusingsimplerandomsamplingtechniques.Theresultofthestudyshowsthatthemajorityoftherespondents38(86.4%)stronglyagreedandagreedthatleadershipinthePensionBoardencouragesopencommunicationamongstaff.Theresultalsoshowsthat38(86.4%)oftherespondentsagreedthatleadersprovideadequateguidanceandsupporttoemployeesincarryingouttheirdutieseffectively.Furthermore,thefindingsrevealthat37(84.1%)oftherespondentsagreedthatleadershipdecisionspositivelyinfluencepensionfundmanagementwithintheBoard.Theresultofthestudydepictsthat36(81.8%)oftherespondentsagreedthatleadersdelegateresponsibilitieseffectively,ensuringsmoothworkflowinpensionadministration.Theresultfurthershowsthat30(68.2%)oftherespondentsagreedthatleadersrecognizeandrewardemployees’contributions,althoughsomerespondentswereundecided.Moreso,thestudyrevealsthat38(86.4%)oftherespondentsagreedthatpensionfundsaredisbursedtoretireesinatimelymanner,while38(86.4%)alsoagreedthatrecordsofcontributorsandpensionersareaccurateandup-to-date.Theresultshowsthat38(86.4%)oftherespondentsagreedthatthereistransparencyinpensionfundadministration.Finally,thefindingsrevealthat40(90.9%)oftherespondentsstronglyagreedthatpositiveleadershipcontributesgreatlytoemployeemotivation,trust,satisfaction,andimprovedservicedeliverytopensioners.Therefore,positiveleadershipplaysasignificantroleinensuringefficient,transparent,andaccountablepensionfundadministrationinMaiduguri,BornoState.
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