The Effectiveness of Compensation Package on Workers Performance

The Effectiveness of Compensation Package on Workers Performance

Abstract

The purpose of this research was to determine the connection between the following factors among junior and senior officers of the Nigeria Police Force via empirical investigation.

  • Perceived compensation cumulus incentives, which is considered as an indication of the degree of perceived disjunction between authorized goals and accessible means.
  • Employee voice and representation that expresses an individual's sense of helplessness, formlessness, and isolation (anomie)
  • Job satisfaction experienced as a consequence of feeling alienated by management practises in the workplace.

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Introduction

Pay, in one form or another, is unquestionably one of the most important sources of incentive in our culture. Pay has surpassed symbolic significance, according to Ghisclli and Hyman Porter, Haired and Mason (1963).

Despite the preceding philosophical phase, which defines compensation pay or incentive as a useful tool in organisational development, significant changes are currently impacting the world of work. According to "Coscio 1995," they are the consequence of increased global competitiveness, the influence of information technology, the re-engineering of business processes, and the progressive degradation and elimination of the job as a set bundle of tasks. 

This trend is causing a re-definition of the job itself, and it is from this perspective that management can be viewed as an intermediary between the organization and the individual employee, focusing on, developing, and implementing policies for attracting, retaining, and motivating the individual within an organization.

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TERMS DEFINITION

i. Management Policies: These are predefined guidelines created to give guidance in decision making about workers in a company.

ii. Compensation Cum Incentives: This is defined as all incentives received by a person as a consequence of their job in a company, such as cash rewards, promotions, retirement plans, vacations, medical, insurance, and a nice working environment.

iii. Job satisfaction: It may be described as a sense of accomplishment and contentment.

iv. Alienation: This term refers to an individual's helplessness, normlessness, and anomic or emotions as a result of an organization's management practices.

a. Powerlessness: a sense of powerlessness over circumstances that affect oneself.

b. Normlessness: a sense that established standards are crumbling, for example, as a result of partiality.

d. Anomie: a sense of helplessness with existing organisational structures (work place).


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