MINIMUM WAGE AND WORKER’S PRODUCTIVITY IN NIGERIA
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- 1-5 Chapters
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- NGN 5000
ABSTRACT
This work tries to examine the impact of minimum wages on workers’ productivity in Nigeria. The study was borne out of the fact that workers are not adequately motivated in the organization. The study adopted survey design with a total population of 200 and a sample size of 133 which was determined through Yaro Yamane sampling Technique. Questionnaires and interview were the instrument used in generating data for the study. It was found out that there is a relationship between minimum wage motivates worker for higher productivity. It was also found out that the organization often motivates workers with wages incentives. The study concludes that human resource is a vital element in an organization which is the agent of productivity and every attention should be turned to motivating the workers so as to maximize organizational productivity. It was recommended that there should be a periodic wage increment for workers so as to be able to match the ever price rising commodities in the market. Workers should also be promoted as when due and all wages attachment should apply.
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