EXECUTIVE COMPENSATION PACKAGES AND JOB SATISFACTION
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- NGN 3000
ABSTRACT
The study examines executive compensation packages and job satisfaction of fast consuming goods companies. Precisely, the study focused on Cadbury, Nestle and Dangote Nigeria Plc. The study employed descriptive survey method. The population of the study comprises of all management staff of Cadbury, Nestle and Dangote Nigeria Plc. The study adopted simple random sampling technique to select the sample for the study. Data for the study were collected through the use of structured questionnaire. The result from the analysis reveals that executive compensation packages such as long term incentive and retirement plan has positive and significant effects on job satisfaction of fast consuming goods companies. It was also found out that annual incentives, bonuses and supplemental retirement plan has negative and significant effects on job satisfaction of management staff of fast consuming goods companies. It was recommended that Fast consuming goods companies should encourages long term incentives plan and retirement plan for their management staff as it increases job satisfaction for the management staff.
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