التفاصيل البيبلوغرافية
| العنوان: |
Effectiveness of Compensation Techniques in Reinforcing Commitment among Staff of Indigenous Family-Owned Businesses (Fobs) in South-East Nigeria |
| المؤلفون: |
Ojide, C. G., Enudu, T. O., Everest, C. |
| المصدر: |
Contemporary Journal of Management, 5(2), 20-29, (2023-08-29) |
| بيانات النشر: |
Zenodo |
| سنة النشر: |
2023 |
| المجموعة: |
Zenodo |
| مصطلحات موضوعية: |
Compensation Technology, Commitment, Staff, Indigenous Family-Owned Business, South-East Nigeria |
| الوصف: |
The study evaluated the effectiveness of compensation techniques in reinforcing staff commitment of indigenous family-owned businesses (FOBs) in South- East, Nigeria. It intended to achieve the following specific objectives; To examine the relationship between promotion and staff dedication, to evaluate the relationship between recognition and staff participation and to investigate the relationship between career development and staff retention of indigenous family-owned businesses (FOBs) in South-East, Nigeria. Three research questions and three hypotheses were formulated in accordance with the objectives to guide the study. Data were collected mainly from the primary source, in addition to the secondary source. Descriptive survey Research Design was adopted for the study, while questionnaire was used as instrument. The study had a population size of 850 employees. Through Taro Yamane, a sample – size of 272 employees emerged, while 262 copies of the questionnaire were correctly filled and returned. The data obtained were analyzed, using Descriptive statistics. Pearson Product moment Correlation Analysis was used in testing the hypotheses at 5% level of significance. The study findings revealed that: there is a significant positive relationship between promotion and staff dedication of indigenous family-owned businesses (FOBs) in South-East, Nigeria (r=.896, p<.05), there is a significant positive relationship between recognition and staff participation of indigenous family-owned businesses (FOBs) in South-East, Nigeria (r= .917, p<.05) and there is significant positive relationship between career development and staff retention of indigenous family-owned businesses (FOBs) in South-East, Nigeria (r=.927,p<.05). The study, therefore concluded that employees perform at efficiency level when they are effectively compensated. Apart from salary, which is the conventional method of remuneration, employees can also be compensated with promotion, recognition and career development. It was recommended that ... |
| نوع الوثيقة: |
article in journal/newspaper |
| اللغة: |
unknown |
| Relation: |
https://doi.org/10.5281/zenodo.8296649; https://doi.org/10.5281/zenodo.8296650; oai:zenodo.org:8296650 |
| DOI: |
10.5281/zenodo.8296650 |
| الاتاحة: |
https://doi.org/10.5281/zenodo.8296650 |
| Rights: |
info:eu-repo/semantics/openAccess ; Creative Commons Attribution 4.0 International ; https://creativecommons.org/licenses/by/4.0/legalcode |
| رقم الانضمام: |
edsbas.5F125A23 |
| قاعدة البيانات: |
BASE |