Browsing by Author "JIMOH, A.L"
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Item EFFECT OF EMPLOYEE’S WELL-BEING ON CORPORATE PERFORMANCE: A STUDY OF FIRST BANK OF NIGERIA PLC, ILORIN(department of industrial relations and personnel management, university of ilorin, 2018-04-23) KADIRI, I.B; JIMOH, A.L; ADAMADE, S.SIn a globalised and highly competitive world, banks are in stiff competitions with one another. They need to encourage their workers to perform better, improve efficiency and retain good employees. For this purpose, providing adequate labour, welfare facilities and promoting job satisfaction became important. Employee welfare measures are efforts geared towards relieving the industrial workers from want. The study adopted descriptive research design. The population is 39 operation staff of the First Bank Plc, Ilorin while a 32 sample size was determined through the Yaro Yamani formula. The study used single regression to analyse the formulated hypotheses and the findings revealed that an employee’s well-being has effects on corporate performance. Therefore, the study concluded that effective practicing of adequate compensation, be it direct or indirect and concern about employees’ well-being will have tremendous effects on the corporate performance. The study, therefore, recommends there should be an improvement in the employee’s well-being. Organizations should try to put into consideration the basic needs of their employees and this will encourage employee’s commitment and contribute to their productivity.Item Effect of Minimum Wage on Employee Welfare: A Case Study of Some Selected Ministries in Lagos State, Nigeria(department of industrial relations and personnel management, university of ilorin, 2017-09-02) KADIRI, I.B.; JIMOH, A.LEmployee welfare refers to the state of well-being was described as the state of wholesomeness determine by the adequate levels of earnings which enhance the quality of life of workers and their work productivity. And minimum wage is a government Act/Law to help protect the most poverty-stricken workers in developed countries, but it is the other way round in the developing nations like Nigeria thus the purpose of the study. The study was a descriptive research survey. The study population was all the staff of ministry of Labour and Women affair in Lagos State. 50 employees of those ministries were the respondents and data was collected using questionnaires. 66% of the respondents were males and 34% female. The formulated hypothesis was tested with t-test statistical tool. Data was analyzed with the help of Statistical Package for Social Sciences (SPSS) software. The findings revealed that there is a significant effect of increase in minimum wage on employee well-being (t (48) = 2.84, p<.05). Also the findings shows that employee in senior cadre level significantly high on life satisfaction than employee in junior cadre level (t (48) = -.654, p<.05). The study conclude that an increase in minimum wage has an effect on employee well-being and that employee in senior cadre level are more satisfied receiving increase minimum wage than employee in junior cadre level. The study therefore, recommends that in the future adjustment of National Minimum Wage Act for an effective policy formulation, policy maker should put into consideration the prices of basic economic and physiological needs of people before setting the new increase percentage for the minimum wage