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Motivational Packages and Welfarism on Workers’ Productivity on the Example of a Company in Nigeria

Author

Listed:
  • Olorunfemi
  • Ifedayo Ade
  • Folabin
  • Kehinde Samuel
  • Ogunro
  • Victor Olukayode

Abstract

Purpose: The welfare of employees is a fundamental aspect of human resource management as it is vital to influencing commitment to the actualization of goal in both private and public service organizations. Literature reviewed showed that researches largely focus on private organizations. This study is on the effects of welfare on employee commitment in a public service organization with focus on the Tisco Nigeria Limited. Design/Methodology/Approach: The Elton Mayor’s Theory underpins this study. 56 sample size was drawn using stratified sampling technique and a structured five-point Likert rating scale questionnaire was administered to gather responses. The data gathered was analysed using Statistical Package for Social Sciences v26. Findings: The outcome of the study shows that even though there are spelt out welfare packages in Tisco Nigeria Limited workers at the firm', employees of the Tisco Nigeria Limited do enjoy these privileges at the same time; at various times employee members have benefited. It was equally revealed that some welfare were not denied members of the employees, but not sufficient to affect their commitment. Practical Implications: This paper recommends among others that since training and development is significantly related to workers’ productivity, staff training and development should be given the utmost priority and encouraged as a deliberate policy in order to enhance a very high productivity of workers and, as well, promote self-fulfillment. Originality/Value: The study further shows employees strongly agreed that welfare has significant effect on employees' commitment.

Suggested Citation

  • Olorunfemi & Ifedayo Ade & Folabin & Kehinde Samuel & Ogunro & Victor Olukayode, 2024. "Motivational Packages and Welfarism on Workers’ Productivity on the Example of a Company in Nigeria," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 99-111.
  • Handle: RePEc:ers:ijebaa:v:xii:y:2024:i:3:p:99-111
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    More about this item

    Keywords

    Motivational packages; welfarism; productivity; employee; performance.;
    All these keywords.

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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