THE IMPACT OF PERFORMANCE MANAGEMENT OF THE PROFITABILITY OF MANUFACTURING FIRMS IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study examined the impact of performance management on the profitability of manufacturing firms in Nigeria. The level of employee productivity in Nigerian organizations has been on the decline over the years and this could be ascribed to poor performance management strategies put in place by these manufacturing firms. It is in light of this, that this study aims to examine the effect of performance management on employee productivity among Nigerian manufacturing firms. Descriptive survey research design was adopted for the study. The population was 6026 comprising of the entire staff of five selected manufacturing companies in Lagos State. Taro Yamane formula was used to derive the sample size of 490. A structured questionnaire was administered resulting in a response rate of 97.5%. The instrument was validated and the Cronbach’s Alpha used for the Pre-test Reliability Analysis of the major constructs ranged between 0.778 and 0.879. The data gathered was analyzed with the aid of Statistical Package for Social Sciences (SPSS) version 21.0 software involving frequency distributions, linear and multiple regressions. Findings showed that indeed the four context of performance management had a significant effect on employee productivity. Detailed simple linear regression analysis showed that performance appraisal (F = 39.60, R Square = 0.077, P < 0.05) at 7.7%; performance feedback (F = 142.726, R Square = 0.231, P < 0.05) at 23.1%; employee training (F = 7.803, R Square = 0.016, P < 0.05) at 1.6% and compensation (F = 297.643, R Square = 0.385, P < 0.05) at 38.5% had a significant effect with employee productivity, however, performance feedback and compensation had the strongest relationship on employee productivity; multiple regression analysis also showed performance management (F = 79.482, R Square = 0.402, P < 0.05) at 40.2% had significant effect on employee productivity. The study concluded that Performance Management when well implemented improves employee productivity especially when more emphasis is placed on positive feedback and compensation which was proven to have a higher influence on productivity of employees. It was recommended, among others, that manufacturing firms should encourage their members of staff by giving them regular positive feedback and compensate them fairly to improve productivity.
Related Project Materials
THE IMPACT OF SOFT SKILLS DEVELOPMENT ON VOCATIONAL JOB PERFORMANCE
ABSTRACT: The Impact of Soft Skills Development on Vocational Job Performance explores the influence of non-technical skills on the workplace effec...
THE EFFECT OF STREET HAWKING AMONG TEENAGE GIRLS IN NIGERIA
EXCERPT FROM THE STUDY
Hawking is not a good thing on the health of a child in particular and adult in general, be it in...
COST OF IMPLEMENTING HEALTH AND SAFETY MEASURES IN CONSTRUCTION PROJECTS IN ABUJA, NIGERIA
ABSTRACT
The lack of provision of cost for H&S during the preliminary stage of construction brings about poor attitude of constructio...
UNIVERSITY SMS RESULT DESSIMINATION
The project covers the design and implementation of an SMS Student Result Dissemination System that Pushes (sends) results to students when they ar...
EVALUATION OF THE EFFECTIVENESS OF RADIO ADVERTISEMENTS OF FAMILY PLANNINNG PROGRAMMES (A STUDY OF ENUGU METROPOLIS)
Abstract
This research work is aimed at evaluating the effectiveness of the radio advertisements on family planning programmes bearing in...
INFLUENCE OF MASS MEDIA AWARENESS ON PROMOTION OF FAMILY PLANNING PRACTICES
ABSTRACT
This study aimed to examine the relationship between specific media campaigns and family planning methods. Our...
design and implementation of drug verification system using gsm
ABSTRACT
Establishing the authenticity of a product’s o...
SEXUAL ATTITUDE OF SECONDARY SCHOOL STUDENTS IN NIGERIA
ABSTRACT
The study examined and determined sexual activities of the selected Senior Secondary School Students in Ikorodu...
SOME NEUROPHARMACOLOGICAL STUDIES ON ETHANOL EXTRACT AND FRACTIONS OF TAPINANTHUS GLOBIFERUS A. RICH MISTLETOE ON VITELLARIA PARADOXA HOST IN LABORATORY ANIMALS
ABSTRACT
Tapinanthus globiferus is a semi-parasite mistletoe which grows on branches of large number of trees including Vitellaria parado...
THE MATERIAL COMPOSITION IN THE PROCESSING OF CANDLE PRODUCTION
ABSTRACT
This research relates to a candle composition containing non-hydrogenated oil and at least one of long chain hy...
