Browsing by Author "Peleowo, T. K."

Now showing 1 - 4 of 4
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    EFFECT OF BROADBANDING ON EMPLOYEE PERFORMANCE OF SELECTED HOSPITALS IN LAGOS STATE, NIGERIA
    (Department of Industrial Relations and Personnel Management, University of Ilorin, ilorin, Nigeria, 2024) Omolabi, I.; Peleowo, T. K.; Sarumi, A. L.
    Pay structures are the offshoot of industrial crisis and human being are the life blood of the organization However, managers are responsible for restructuring the pay grade system to improve employer performance. The main objective of this study is to examine the effect of broadbading on employees performance of selected hospitals in Lagos State, Nigeria. The specific objectives are to; (1) determine the effect of pay structure on employees' performance; (ii) examine the influence of pay grade system on employees engagement. The study used a cross sectional survey design to obtain the needed information directly from the target respondents which spread across the seven hospitals selected for the study among the few functional government hospitals operating in Lagos State. Reliability test of 0.729 was derived using Cronbach alpha. A multistage sampling procedure was used in this investigation. Purposive sampling was adopted in selecting hospitals owned and controlled by the federal government. Descriptive statistics were employed. Multiple regression analysis was utilized in this study. Findings shows that there exists a very strong relationship between employees' performance and pay structure (which is predictors or independent variables). It is also clear from the table that the 12 which is the coefficient of determination is 0.556 approximately 56%. And, it shows that the correlation coefficient r is 0.784 (i e, r0.784) which indicate that there exists a very strong relationship between employees' engagement and pay grade system ween pay structure and employee performance. A strategically crafted pay structure, which includes competitive salaries, performance-based incentives, and clear progression pathways, motivates employees to excel in their roles and contributes to enhanced overall performance. Pay grade system has a significant influence on employees' engagement. The study recommends that management of selected hospitals should explore the nuanced impacts of different pay structure elements across various industries to refine these findings and optimize compensation strategies.
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    EFFECT OF SOCIALIZATION ON EMPLOYEE PRODUCTIVITY IN THE NIGERIAN PHARMACEUTICAL INDUSTRY
    (Department of Marketing, University of Ilorin, Ilorin, Nigeria, 2024) Omolabi, I.; Peleowo, T. K.
    With rising labour mobility, the psychology, attitudes, and behaviours of new W employees attract significant attention in organizational development. New employees, including fresh graduates and those changing careers, regularly face challenges such as vagueness in the organizational environment, team adaptability, and expectation deviations. This study examined the effect of socialization on employee productivity in the Nigerian pharmaceutical industry focusing on the (i) effect of psychological well-being on employees' productivity and (ii) impact of cultural values on employees' productivity. A cross-sectional survey research design was adopted, utilizing both primary and secondary data sources. A 7-point Likert scale structured questionnaire was used, with a reliability test yielding a Cronbach's Alpha coefficient of 71.2. From a population of 435 staff at Tuyil Pharmaceutical Industry, a sample size of 205 κατ determined using Krejcie and Morgan (1970), and 197 questionnaires were duly filled. Data were analysed using multiple regression analysis. The findings for objective one revealed a significant effect of psychological well-being on employees' productivity, with an R' of 425 (42.6%), an F-statistic of 326.547, a beta value of 0.319, a t-value of 1.259, and a significant p-value of 0.000. Objective two showed a positive and significant impact of cultural values on employees' productivity, with a correlation coefficient (r) of 0.749, an R of 0.361 (56.1%), a beta value of 0.442, and a significant level of 0.000. The study concludes the importance of prioritizing employees' mental health, job satisfaction, and overall well-being to maximize productivity. It also highlights fostering a culture of respect for diversity and inclusion to enhance synergy and teamwork. Recommendations include prioritizing employees' psychological well-being and managing cultural values to boost productivity.
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    Government regulations and survival of Small and Medium Enterprises (SMES) in Kwara state.
    (Department of Public Administration, University of Ilorin, Ilorin, Nigeria, 2018) Amosa, J. R.; Omolabi, I.; Suleiman, A. A.; Peleowo, T. K.
    Small and Medium Scale Enterprises (SMEs) have been recognized by government and development experts, most especially the developing countries of Africa, as the main engine of economic growth and major factor in promoting private sector development and partnership. Nigeria has facilitated the growth of SMEs through the creation of many agencies, institutions and promulgation of laws and regulations that aid government in regulating and boosting the growth and development of SMEs. Therefore, this study seeks to examine the impact of government regulations on the survival of SMEs in Kwara State. Other specific objectives were to examine the extent to which government regulations influence the survival of SMEs and determine the nature of the relationship that exists between tax policy and growth of SMEs. Questionnaire was served to 144 out of 226 registered SMEs in Kwara State through stratified, simple random sampling technique. The two hypotheses formulated were tested through regression and correlation analysis. Findings of the study revealed that government regulations have significant influence on the survival of SMEs (r2=73.2%, pvalue< 0.05) and that strong relationship exist between tax policy and the growth of SMEs (Pvalue< 0.05). The study therefore recommends that government should legislate against multiple taxation and make funds available to regulatory agencies and financial institutions established statutorily to cater for the growth and survival of SMEs.
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    IMPACT OF ISLAMIC FINANCIAL SYSTEM ON ECONOMIC GROWTH: A STUDY OF JAIZ BANK PLC., ILORIN METROPOLIS
    (Department of Economics, Adamawa State University, Mubi, Nigeria, 2024) Omolabi, I.; Peleowo, T. K.
    Globally, Islamic finance is set to be one of the fastest-growing sectors. Islamic financial system prohibits interest payments and establishes equity and profit sharing for operational structure activities. As a result, this study sought to examine the impact of the Islamic finance system on economic growth in Jaiz Bank Plc. Horan Metropolis. Specifically, it will examine fit the extent to which philosophies of the Islamic financial system affect economic growth and (4) determine the extent to which Islamic financial intermediaries affect economic expansion. A cross-sectional survey was adopted using simple random sampling techniques. Data were obtained using a questionnaire distributed to 232 staff from a total population of 1,234. Hypotheses drawn are tested using regression analysis. The findings show a significant and positive impact of philosophies of the Islamic financial system on economic growth (22-0.393. p-value < 0.05) and Islamic financial intermediaries on economic expansion (R0.393, p-value < 0.05). The study concludes that a structural Islamic financial system positively and significantly impacts economic growth. The study recommends that managers endeavour to implement the philosophies of the Islamic financial system as it promotes the circulation of funds, which assists in the economy's growth.