Bonus payment and employee output in cement manufacturing companies in south-south, Nigeria

Authors

  • Sunday Isaac Eneh Department of Business Management Faculty of Management Sciences University of Calabar, Calabar
  • Joseph Amaechi Anyadighibe Department of Marketing Faculty of Management Sciences University of Calabar, Calabar
  • Aniebiet Etuk Department of Marketing Akwa Ibom State University

Keywords:

bonus payment, employee output, compensation package

Abstract

The study examines the extent to which bonus payments influence employee output in cement manufacturing companies in South-South, Nigeria. The questionnaire was the instrument used to obtain the relevant information for the study and a random sampling technique was adopted in this study. A total of 1,381 staff. The sample size of 310 was scientifically determined using the Taro Yamane sampling determination formula. The statistical tool used for analysis was the Pearson Product Moment Correlation Coefficient. Findings revealed that bonus payment has no significant relationship with employee output in Cement Manufacturing Companies in SouthSouth, Nigeria. The satisfaction and dissatisfaction of employees are driven by different factors; motivation and hygiene factors and employee motivation and commitment to work are proportional to employee satisfaction. ln order words, as employees receive bonuses that do not affect their output, the employer becomes dissatisfied. It was recommended that the management of Cement Manufacturing firms in South-South, Nigeria should know that non-payment of bonuses to performing employees is a constant source of frustration to employees' output. Therefore, a bonus scheme should be established to help improve employees' output.

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Published

2019-12-31

How to Cite

Eneh, S. I., Anyadighibe, J. A., & Etuk, A. (2019). Bonus payment and employee output in cement manufacturing companies in south-south, Nigeria. International Journal of Economic Perspectives, 13(1), 69–84. Retrieved from http://ijeponline.org/index.php/journal/article/view/289

Issue

Section

Peer Review Articles