Survey Of Work Incentives Offered To The Employees
(Case Study of Ama Breweries Limited, 9th Mile Corner, Ngwo)
Employee incentives encompass a diverse array of strategies designed to motivate and reward individuals within an organizational framework. These initiatives play a crucial role in fostering a positive and productive work environment by recognizing and encouraging exceptional performance. Incentives can span various forms, such as financial bonuses, recognition programs, professional development opportunities, and flexible work arrangements. The strategic implementation of these motivators aims to enhance employee engagement, job satisfaction, and overall productivity. Organizations often tailor their incentive programs to align with specific goals, promoting a dynamic and responsive approach to employee motivation. By recognizing and valuing employees through a well-crafted incentive system, businesses can cultivate a culture of excellence and continuous improvement, ultimately contributing to the long-term success of the company.
In this thesis, the researchers did all her best to see that no step necessary for carrying out a qualitative and quantitative research study was ignored. The objective of this study is to provide readers of the project, with information on how a survey work incentive offered influence the organizational success in Ama Breweries, 9th Mile Corner, Ngwo.
It is also very important to the practicing managers who constantly needs to refresh and update their knowledge.
Other revelations were that:
(1) A survey incentives offered present in the organization are few and the little ones are not permanent entitlements to the recipient of such benefits.
(2) The involvement of workers in setting up a survey work incentives offered was found to be non-existent.
Title page
Approval page
Dedication
Acknowledge
Abstract
Content
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
STATEMENT OF PROBLEM
PURPOSE OF THE STUDY
SIGNIFICANCE OF THE STUDY
RESEARCH QUESTIONS
DELIMITATION OF STUDY
ASSUMPTION OF STUDY
DEFINITION OF STUDY
CHAPTER TWO
LITERATURE REVIEW
REVIEW OF RELATED LITERATURE
CONCEPT OF A SURVEY WORK INCETIVE OFFERED
TYPE OF A SURVEY WORK INCENTIVE OFFERED
EMPLOYEES SECURITY (FINANCIAL PROTECTION AGAINST RISK)
A SURVEY WORK INCENTIVE OFFERED AND THE REAL ECONOMIC SITUATION
A SURVEY BENEFITS AS MOTIVATIOR
A SURVEY BENEFITS AND THE EMPLOYEE NEED
CHAPTER THREE
METHODOLOGY
EXPLAINS
INSTRUMENT FOR DATA COLLECTION
PRIMARY DATA
SECONDARY SOURCE
POPULATION
SAMPLE AND SAMPLING TECHNIQUES
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
CHAPTER FIVE
RESEARCH FINDING
SUMMARY OF FINDING
CONLUSION
RECOMMENDATIONS
APPENDIX
A survey of works incentives offered to the employees of AMA Breweries Limited, 9th Mile corner Ngwo.
INTRODUCTION
BACKGROUND OF STUDY
Benefits and services represent a tangible gain to employees inform if monetary or non-monetary rewards.
As the years roll by diverse fringe benefit continue to be introduced. Ubeku (1985) notes that fringe benefits have grown in the country today as a result of the economic situation while others have grown either as a result of presave from trade unions or from sheer imitation. He further notes that ones a benefit has been given to an employee, it would be difficult to remove.
Nwachukwu (1984) in a related study points out that Nigerian employers offers many types of benefits which are competitive and imitative in nature. Flippo 91971) lists some of the most frequently cited advantages of offering employee services which include effective recruitment, improved moral and loyalty, good public relations- (by effective recruitment) I mean the ability of the organisation to employ and retain the right class of personnel in their employ.
This study, however attempts to examine the importance of a survey incentives service to the employees in particular and the Nigeria Coal Corporation, Enugu in general and how the incentives scheme have helped to enhance productivity the organisation. It also aims of finding out whether or not there is positive relationship between satisfaction and productivity and how far the benefits administration in Nigeria Coal corporation, commensurate productivity in the organisation and whether the all fringe benefits they receive and why.
Finding, the research seeks to justify the contention that “A survey incentives offered does not necessarily increase productivity but at best, acts as hygiene factors and why inspite of such believe organisations continued to provide incentives services scheme to their employees.
STATEMENT OF PROBLEM
The assumption that Nigeria workers are other salary supplements, such as paid leave, free health care programme, bonus, pension and gratuity plans, insurance has received some support from leads to setting up at Eleven different commission on salary review between 1934 and 1938. All these were done in the assumption that workers can be motivated to achieve the goal of the organisation through valued incentives.
Finally it has not yet been known the type of incentives available to the employees of the newly established.
AMA Breweries Limited, 9th Mile Corner, Ngwo. It has also not be known whether such incentives are capable of motivating employees to higher productivity.
Here, this study attempted to find out the type of incentives available to the employees of AMA Breweries Limited, 9th Mile Corner, Ngwo.]
PURPOSE OF THE STUDY
This is the study that seeks to provide an indepth and thorough examinations of work incentives offered, Enugu and to evaluation the appropriateness of the program with a view to ascertaining how they influence workers to perform efficiently and effectively specifically the study will
1. Make critical examination and evaluation between fringe benefits and services schemes of the AMA Breweries.
2. Evaluate their appropriateness with a view to ascertaining if there exist a positive correction between fringe benefits and services with increased performance.
Ascertain the contributions which fringe benefits can make to the peace and harmony of industrials.
SHARE PROJECT MATERIALS ON:
Work Incentives Offered To The Employees:
Employers often offer various work incentives to motivate and reward their employees for their hard work, dedication, and performance. These incentives can take many forms, and they are designed to create a positive work environment, boost morale, and encourage employees to excel in their roles. Here are some common work incentives offered to employees:
- Compensation and Benefits:
- Salary and Wages: Competitive base salaries or hourly wages that reflect the employee’s skills and experience.
- Bonuses: Performance-based bonuses, such as annual or quarterly bonuses for achieving specific goals or targets.
- Stock Options: Grants or opportunities for employees to purchase company stock at a discounted rate or as part of their compensation package.
- Profit Sharing: Sharing a percentage of company profits with employees as an additional form of compensation.
- Healthcare: Comprehensive health insurance plans that cover medical, dental, and vision expenses.
- Retirement Plans: 401(k) or pension plans to help employees save for their retirement.
- Flexible Spending Accounts (FSAs): Pre-tax accounts that allow employees to save for qualified medical and dependent care expenses.
- Career Development:
- Training and Development: Opportunities for skill development, workshops, and courses to enhance employees’ knowledge and career prospects.
- Mentorship Programs: Pairing employees with experienced mentors to guide their career growth.
- Promotion Opportunities: A clear path for career advancement within the organization.
- Tuition Reimbursement: Financial support for employees pursuing further education or degrees related to their job.
- Work-Life Balance:
- Flexible Work Arrangements: Options for remote work, flexible hours, or compressed workweeks.
- Paid Time Off (PTO): Vacation days, sick leave, and paid holidays to help employees maintain work-life balance.
- Family and Parental Leave: Paid leave for family and parental responsibilities.
- Recognition and Rewards:
- Employee of the Month/Year: Recognizing outstanding employees with awards and recognition.
- Employee Appreciation Events: Organizing social events, team-building activities, or company outings.
- Employee Recognition Programs: Formal programs to acknowledge and reward employees for their achievements.
- Wellness Programs:
- Gym Memberships: Providing access to fitness facilities or subsidies for gym memberships.
- Health and Wellness Initiatives: Promoting healthy lifestyles through wellness challenges, nutrition programs, and stress management workshops.
- Financial and Perk Benefits:
- Employee Discounts: Discounts on company products or services.
- Transportation Benefits: Subsidies for public transportation, parking, or commuting costs.
- Employee Assistance Programs (EAPs): Offering counseling services, legal assistance, or financial planning.
- Safety and Health Incentives:
- Safety Awards: Recognizing employees who adhere to safety protocols.
- Health Screenings: Providing free or subsidized health screenings and wellness check-ups.
- Profit-Related Incentives:
- Employee Ownership: Offering shares or ownership options in the company.
- Performance-Based Incentives: Profit-sharing plans or performance bonuses tied to company financial performance.
The specific incentives offered by employers can vary widely depending on the industry, company culture, and budget. Effective incentive programs are tailored to the needs and preferences of the workforce and are aligned with the organization’s goals and values.