EFFECT OF COMPENSATION ON EMPLOYEE PERFORMANCE IN NIGERIA BOTTLING COMPANY, LAGOS

Student: Dorathy Omali Ogar
Supervisor: Mr Ikwun Angiating
HOD: Dr Ane Egbe
Department of Business Administration
Management Sciences
University of Cross River State, Calabar

Abstract

This research project Is on “the effect of compensation on employee performance in Nigeria bottling company. Current literatures by different scholars on the subject matter were reviewed to support the researcher's findings. The study adopted a cross section research design approach considering both quantitative and qualitative research approach. The population of this study is made-up of the One Hundred (100) staff of Nigeria Bottling company, Lagos from where a sample size of eighty (80) using Taro Yamane formula. The Chi-Square statistical tool was used in testing the hypotheses Jormulated in chapter one. The major findings of the research were that that salary have a significant influence on employee's performance in Nigeria bottling company, there is a significant relationship between compensation and employee's performance in Nigeria Boiling Company. It was concluded that non-financial compensation like flexible work schedule and job sharing are necessary. Also working environment like seating, lighting, noise, recognition and promotion are relevant in determining employee productivity. It was recommended that there is need to ensure that existing fixed and constant monthly salaries have fixed dates to avoid frustrating employees due to some possible delays triggered by Aexibility of dates. More studies to be explored to establish the factors will conclusively make the salary offered to employees sufficient to motivate and retain employees. Also Jurther research on how salaries and remuneration should reflect the skills, competence and employee output.

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