Employee compensation management: e case of the national minimum wage in Nigeria
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Date
2016
Authors
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Publisher
Faculty of Management, Comenius University in Bratislava
Abstract
This article examines the issue of employee compensation in Nigeria with particular reference to the
National minimum Wage. e paper notes that proper employee compensation management is
central to industrial harmony in all organizations.e paper however discovered that, over the years,
employee compensation as it relates to national minimum wage fixing in Nigeria has remained
controversial and problematic.The major cause of this problem is its retention in the federal exclusive
legislative list. Having noted all the issues involved, the paper is of the view that minimum wage fixing
should be removed from the exclusive legislative list to the concurrent legislative list so that
stakeholders can have input in the fixing of the minimum wage in order to maintain the much needed
industrial harmony.
Description
Keywords
Employee Compensation, National Minimum Wage, Federalism, Legislative List, Controversy