Influence of Socio-Economic Factors on Labour Turnover in Nigerian Manufacturing Industries.
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Date
2011-12
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Department of Sociology, University of Ilorin, Ilorin, Nigeria
Abstract
In every organisation, the need to motivate employees for higher performance has become imperative for management. Experience has shown that attempts to treat employees like other factors of production have always resulted in voluntary quits and low productivity. It is against this background that the present study seeks to investigate thee socio economic factors influencing labour turn over in Nigerian manufacturing industries. Questionnaires were used to collect data for the study. Multiple regression was used to analyse hypotheses formulated for the study. The findings of the study indicated that worker’s salary and promotion were significant factors which affect variability of labour turnover. However, geographical location of workers is not a significant variable explaining changes in labour turnover .The study recommends that management should provide realistic salary for its workers and as well institute adequate promotion system that matches the capacities of individual to be demand of the work in order to reduce labour turnover.
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Keywords
Labour Turnover, Organisation, Employees, Manufacturing, Industries,, incentives