EFFECT OF SALARIES AND WAGES ADMINISTRATION ON EMPLOYEE’S ATTITUDE TO WORK IN AN ORGANIZATION
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- NGN 3000
ABSTRACT
This study examined the effect of wages and salary administration employee’s attitude in organizations using First bank PLC as case study. As a descriptive survey design, an item structured instrument developed to reflect the modified 5 points Likert Scale format was used to elicit information from the respondents. The population consisted of 2951 Employees from which a sample of 557 respondents was selected, using a formula developed by Borg and Gall (1973). Whereas percentages and mean ratings were used to answer the research questions, Chi-square (x2) test of independence and T- test for independent large sample, (n> 30) were used to test the hypotheses. The study revealed that employees need effective salary and wages administration to achieve high productivity in the work. The study found also that poor leadership and lack of political will were the major reasons for not fully implementing the adequate wage policy by some state bank managements including First Bank PLC. The study recommends that the bank management should take the issue of wages and salary administration serious by giving workers a living wage to enable them take care of their basic needs and be better positioned for enhanced productivity and output level in work.
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