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Salaries And Wages Administration As A Tool For Improving Employee’s Performance In An Organisation
[A CASE STUDY OF OLAMABORO LOCAL GOVERNMENT AREA OF KOGI STATE]
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1.9 DEFINITION OF TERMS
(1) SALARY: a
major responsibility of an organization is to make sure that its
workers’ salaries are paid as at when due. The organization has to be
certain that salaries paid can satisfy the basic physiological and
safety needs of their employees, which when satisfied, one can expect
them to put their best effort in order to achieve the organizational
objectives. Therefore, salary refers to a fixed regular payment usually
made every month or annually to the employees of an organization
concerned. Salary could be an agreed amount of money between the
employer and the employee to be paid at the end of every month in
respect of the services to be rendered. Salaries are compensation paid
based on an annual rate of pay, though it is usually paid monthly
irrespective of the number of hours worked.
(2) WAGES: It is the
reward that individual receives from an organization in exchange of his
labour. People who work in an organization are engaged in an exchange
relationship. The employees exchange the labour for financial rewards.
To the employer, the most important oblication he owes his
employees
is their wages. Wages are compensation paid on hourly, daily or weekly
basis. It is usually paid to labourer, part time workers etc. workers
are paid based on the number of hours worked and not actually on the
amount of work done. Therefore, wages are regularly or usually hourly,
daily etc payment made or received for work or services rendered by an
employee. However, both salaries and wages are payment for labour or
services rendered.
(3) ADMINISTRATION: There is no universality in
defining administration. Administration is inevitable because where
policies or decision are made, they must be applied. According to
Augustus Adebayo, administration is the organization and direction of
resources both human and material for the accomplishment of specific
goal. Individual now tend to define administration from their personal.
(4)
FRINGE BENEFIT: This is an extra amount paid to employees to better
their working conditions, it is inform of rent supplements, transport
allowances, etc. It gives employee a desirable working conditions and it
satisfies their needs.
1.10 THEORETICAL FRAMEWORK
Theoretical
framework is defined as a theoretical mirror or pillar upon which
research works are seen or built. The importance of it cannot be over
emphasized. According to Obasi (1999:9) it is a device or scheme for
adopting or applying the assumption, a theoretical framework is a way of
describing, analyzing and interpreting and
predicting phenomena. It
involves linking problems under investigation to assumptions,
postulation and principles of a theory. It has the potentiality to
provide the significance or rationale of a study. Therefore it provides
the overall background of the research. The theoretical framework of
this study is based on Abraham Maslow hierarchy of needs theory (1965).
Psychological
Needs: These include body’s automatic efforts to certain normal
functioning such as satisfaction or hunger and thirst. The need for air
and shelter also the need for sleep, sensory pleasures activity and
arguable sexual desire. People concentrate on satisfying these needs
before turning to higher order needs.
Safety Needs: These include
safety and security freedom from pain or threat of physical attack,
protection from danger or deprivation, the need for orderliness.
Love Needs: These include affection, sense of belonging, social activities, and both the giving and receiving of love.
Esteem
Needs: These include both self respect and the esteem of other self
respect involving the desire for confidence, strength, independence and
freedom and achieving of esteem of other involves reputation or
prestige, status, recognition and attention.
Self Actualization: This is the development and realization of one’s potential.
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ABSRACT - [ Total Page(s): 1 ]This work is concerned with salaries and wages administration in Nigeria public sector, a case study of Olamaboro Local Government Area of Kogi State. It is on this premise that the study is set to evaluate and highlight the significances of salaries and wages as factors towards achieving the aims and objectives of an organization. The employers of labour are aware of the fact that salary is also one way of motivating workers in an organization. The research design used in this study is descript ... Continue reading---
