IMPACT OF HUMAN CAPITAL MANAGEMENT ON THE ATTAINMENT OF ORGANIZATIONAL GOALS A STUDY OF NASARAWA STATE MINISTRY OF EDUCATION LAFIA, NASARAWA STATE

Student: Terlumun Nelson Akumache
Supervisor: Mrs Ashedzi Mercy Daniel
HOD: Mr Sampson Hassan Maku
Department of Business Administration and Management
School of Administration and Business Studies
Isa Mustapha Agwai I Polytechnic, Lafia, Nasarawa State

Abstract

The study attempted to examine the compensation management as a tool for improving organizational performance in the public sector as well as the overall efficiency of the organization. Relevant literatures were reviewed to highlight the subject matter. PZ Cussions Nigeria Plc. was selected for testing in the study selected representative comprising of staff and management formed the sample size examined. The simple random sampling techniques were used. The questionnaire was used to collect data. 100 questionnaires were properly answered and returned from the respondents. And respondents responses were presented in frequency tables and simple percentages was used for demographic data, while the chi – square (X2) method of data analysis was employed for hypothesis testing. The growing emphasis on employee engagement as critical to organizational performance means that the concept of total reward is exerting more and influence on reward strategy. Reward management however, is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization. It deals with the design, implementation and maintenance of reward process and practices that are geared to the improvement of organizational, team and individual performance.

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