• The Impact Of Differential Wage Rates On Job Satisfaction

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    • Whether we hold the view that performance causes satisfaction (Porter and Lawler) or satisfaction causes performance (Schwab and Cummins) it is an underivable fact that the reward causes satisfaction and satisfaction in turn tends to good performance. It will therefore inform management on how best to satisfy their workers with both wage rate and other working conditions.
      1.7   DELIMITATION OF THE STUDY
      This study will be limited to banks in Somolu, Lagos both junior and senior staff shall be randomly selected. The junior and senior staff shall be taken in equal proportion to give their opinion on the impact of differential wage rate on job satisfaction. Has it really satisfied workers or are there other factors necessary to satisfy workers.
      It is strongly hoped that the area to be covered will have no address effect on the study, as efforts would be made to explain the contents of the questionnaire in the simplest form possible. On the long run, desired information shall be obtained from the respondents of the study.

      1.8   METHODOLOGY
      This research work methodology will make use of descriptive research design, which will be used as follows: Population Instrument Sample and sampling procedure Analysis of the data
      Population: The target population would consist of about one hundred and twenty people of the total workers of some selected banks in Somolu Local Government.
      Instrument: The questionnaire would constitute the major instrument of data collection and the questionnaire consists of both ended and close ended questions.
      Data Collective and Ad ministration/ Sample and Sampling:
      Procedure: In cognisance of the relatively extensive nature of the banks and its activities a cluster sampling technique would be used.
      Analysis of the Data: The data collected through questionnaire would be statistically analysed using simple percentage, frequency distribution.
      1.9   STRUCTURE OF THE PROJECT
      This research work is structured with different topics and sub topics regarding the impact of differential wage rate on job satisfaction for easy understanding.
      Chapter      1         Introduction
      2         Literature Review
      3         Methodology
      4         Data Analysis
      5   Summary, Conclusion and Recommendations
      1.10  OPERATIONAL DEFINITION OF TERMS
      In the course of writing this research work certain unfamiliar terminologies are used and for clarity, they are thus defined.
      Wage Rate: It is the number of occasions within a given period of time when something happens or is done or when reward in monetary terms giving to workers after the successful completion of a specified task or job.
      Job Satisfaction: When someone has pleasure or he/she is content with what ever he/she is doing for a living.
      Incentive: These are things or tools used by management to increase the efficiency of work performance of an employee or employees in an organization.
      Workers/Bankers: Used as an encompassing terms for all workers, earners, and management staff.
      Performance: Doing something very well.


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    • ABSRACT - [ Total Page(s): 1 ]This project aims at examining importance of difference in wages rate at different level of workers in an organisation.It will also look into how salaries will motivate to put in their best, to get the best outcome in an organisation.This project will make use of questionnaires as instruments to get information that will be useful for analysis as well as interpretation. Simple proportion percentage will be employed to test the validity of the responses.Finally, conclusion, summary, acid recommen ... Continue reading---