Effect of workers monetary and non-monetary compensation on employees performance - a study of Federal Medical Centre, Bida Department:Business Administration and Management By: Expresshubpub Project ID: 2809 Rating: (3.1) votes: 21 Price:₦3000 Get the Complete MaterialAbstractMonetary compensation and non-monetary compensation is important to the staff of Federal Medical Centre Bida because it encourages the motivation of staff in performing daily duties and this result in the achievement of organizational objectives. The main objective of this research work is to determine the effect of monetary and non-monetary compensation on employee’s performance in Federal Medical Centre Bida. This end, a descriptive method of data analysis was employed for this study, which necessitates the use of questionnaire as a research instrument designed to spot information from the respondents under the primary source of data. The questionnaire returned (105 questionnaires) by the staff of the Federal Medical Centre Bida was critically analyzed using table and percentage methods. The Hypothesis formulated for this study was tested using statistical package for social science (SPSS) to run a descriptive analysis for this study and conclusion were arrived at. The major findings from this research work reveal that staff in the Federal Medical Centre, Bida branch are highly satisfied with the organization incentives. From the conclusion, it has been found that there is a significant relationship between monetary compensation and non-compensation strategies with employee performance. The major recommendation of this research work is that Management of Federal Medical Centre should continue to provide security and benefits to all staff of Federal Medical Centre (Bida) irrespective of their position as it will positively influence employee productivity and raise overall performance in the manufacturing sector. ...Preview Download Preview +Other Business Administration and Management project topics and materials you might be interested in»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)