WhatsApp or SMS: 07087083227
Click here to Get The Complete Research Project Chapter 1-5

Full Project – THE EFFECT OF NON-FINANCIAL INCENTIVE ON STAFF PRODUCTIVITY IN NIGERIAN SECURITY PRINTING AND MINTING COMPANY

Click here to Get this Complete Project Chapter 1-5

ABSRACT

Nigerian Security Printing and Minting Company (NSPMC) like other public enterprise is constraint with the problem of using non-performance-based element like salaries to compensate it staff as against performance-related pay structure which has hamper productivity because it does not make workers put in extra effort in their work. This is so because their compensation is not based on incentive schemes that elicit additional effort of workers sequel to unfriendly government legislation on wages clause and bureaucratic inefficiency. Hence the need to examine the effect of financial and non-financial incentive on staff productivity in Nigerian Security Printing and Minting Company Kaduna. The researcher used Nigerian Security Printing and Minting Company Kaduna main office located in Yakubu Gowon Way as a case study to bring to light the effect of financial and non-financial incentives on staff performance in organizations. The study will therefore be beneficial to the organization understudy (NSPMC) in area of policy formulations as regard staff incentive schemes and remuneration. In the methodology, the data used in compiling this research were gathered from both Primary and secondary data sources. The data was analyzed using statistical package which was presented in frequency tables and percentage. The study employed the survey method. The population consisted of all Staff of NSPMC Kaduna. Out of 158 persons, a sample size of 70 was drawn from the total population using the stratified random sampling technique. The findings from this study revealed that Nigerian Security Printing and Minting Company is not based on incentives scheme that enhance performance, but based on grade levels design by government, which does not motivate the workers. The non-financial incentives that NSPMC use to boost workers’ productivity are in-service training, promotion, off-duty and cafeteria services. The challenges confronting NSPMC incentive schemes arise from the inability of NSPMC to design salary based on performance, meager salary as compared to other rate currier services, and that NSPMC does not carry out staff evaluation and performance appraisal when promoting their staff.

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.

Click here to Get this Complete Project Chapter 1-5

You can also check other Research Project here:

1, Accounting Research Project