THE INFLUENCE OF JOB SECURITY ON EMPLOYEE MOTIVATION
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- NGN 3000
Abstract: THE INFLUENCE OF JOB SECURITY ON EMPLOYEE MOTIVATION
Objective: This study aims to (1) investigate the relationship between job security and employee motivation, (2) identify factors contributing to perceived job security, and (3) assess the impact of job security on employee retention and performance.
Research Design: A survey design was chosen to collect detailed feedback from employees regarding their perceptions of job security and its impact on motivation.
Sample Size: Utilizing Taro Yamane's formula, a sample size of 370 employees was determined, ensuring a 95% confidence level with a 5% margin of error.
Case Study: The research focused on the banking sector, where job security is a significant concern for employees.
Location: Lagos, a major financial center with a significant banking workforce.
Reliability Coefficient Score: The survey instrument had a Cronbach's alpha score of 0.87, indicating high reliability.
Findings: The study revealed that job security significantly enhances employee motivation. Factors such as stable employment contracts, clear career paths, and organizational stability were identified as key contributors to perceived job security.
Recommendation: Banking institutions should focus on providing stable employment conditions, clear career progression opportunities, and organizational stability to enhance job security and employee motivation.
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