THE IMPACT OF COMPENSATION AND REWARD SYSTEM ON ORGANIZATIONAL PERFORMANCE IN TOTAL NIGERIA PLC

ABSTRACT  This research work emphasizes on the impact of reward and compensation system on the productivity of employee in an organization. The major objective of the study is to ascertain the possible change or impression of reward and compensation system on the performance of employee in an organization and critically examine its impact on organizational productivity. The method adopted by the researcher to collect data was survey research design. The finding of the study showed that management of total plc, Kaduna uses both direct and indirect compensation and develop their reward package to improve performance. Thus, it was conduced that reward and compensation system has great impact on organizational productivity. However the researcher strongly recommended that management should try to identify employee’s expectation and use that as an avenue for compensation and reward in a way that it will net inflate organization wages and bills.            TABLE OF CONTENTS Title page---------i Declaration---------ii Approval page---------iii Dedication ---------iv Acknowledgement--------v Abstract----------vii Table of Contents--------viii
CHAPTER ONE INTRODUCTION 1.1Background of the Study------1 1.2Statement of the Problem------5 1.3Objectives of the study------6 1.4Significance of the study------6 1.5Research Questions-------8 1.6Scope of the Study-------8 1.7Limitation of the Study------9 1.8Definition  of terms -------10
CHAPTER TWO LITERATURE REVIEW 2.1Introduction--------13 2.2Compensation system -------15 2.3Reward strategy --------19 2.4Job analysis and job evaluation -----20 2.5Objective of compensation system -----32 2.6The effect of rewarding performance no productivity- 34 2.7Factors that influence employee productivity --37 2.8Factors that influence employee reward system --39 2.9Problem of implementing compensation and reward policies41 2.10Suggested  solution to problem of implementing reward and compensation policies
CHAPTER THREE RESEARCH METHODOLOGY 3.1Introduction--------45 3.2Research design--------45 3.3Area of the study-------45 3.4Population of the study------46 3.5Sample and sampling technique-----46 3.6Instrument of data collection-----46 3.7Validity of the instrument ------47 3.8Reliability of the instrument----47 3.9Methods of data collection------47 3.10Methods of data analysis------48
CHAPTER FOUR PRESENTATION AND ANALYSIS OF DATA 4.1Introduction--------49 4.2Characteristics of the respondents----50 4.3Data Presentation and  analysis -----52 4.4Summary of findings-------58 4.5Discussion of findings-------58
CHAPTER FIVE 5.1Summary---------60 5.2Conclusion---------61 5.3Recommendations-------62 References---------64 Appendix