EFFECT OF FRINGE BENEFIT ON EMPLOYEE PERFORMANCE (A STUDY OF GUINNESS PLC AND NIGERIA BOTTLING COMPANY PLC)
Abstract
ABSTRACT
This study examined effect of fringe benefit on employee performance, a study of Guinness ple and Nigeria bottling company ple. Objective of the study was to analyze and investigate the effect of fringe benefit on employee performance in manufacturing industry. The research design employed was descriptive survey and the population of the study was 120 staff of Guinness Nigeria Ple and Nigeria Bottling Company. A sample size of 63respondents was selected using quota sampling technique, of which 50 respondents filled and returned the questionnaire. The study made use of percentages and frequency table as a method of data presentation in order to highlight their unique features and rexpondents response and the analysis of data in relation to the hypotheses tested was carried out with the use of Pearson correlation co-efficient. Findings revealed that there is no significant relationship between Retirement benefits and employee performance. It was recommended that management of Guinness Nigeria Plc and Nigeria Bottling Company should pay attention on the implementation of adequate fringe benefit such as health insurance, vacation pay, or retirement pension that have important indirect financial reward for it members of staff
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