COMPENSATION MANAGEMENT AND EMPLOYEE PERFORMANCE: MANUFACTURING INDUSTRY IN FOCUS

Abstract

Employees in the workplace usually are driven to performance as a result of the rationality of the organisation. The study examined the effect of Compensation Management on Employees Performance in the Manufacturing Industry. Specifically, the study objectively ascertained Management compensation measures in the areas of; Salary (SLY) and Benefits Programmes (BP) and how they affect Employees Performance in the Manufacturing Industry. A descriptive survey research design was adopted most appropriately due to the descriptive and inferential statistics used in processing the collected data. The sample size is of 73 respondents was determined for the study using Census statistical application on small elements. The study used a 5 point Likert Scale for the closed-ended questions to draw responses from the respondents. Data presented and analyzed in this study is dichotomized into three parts. First is the data presentation which comprises of the descriptive analysis of respondents profile using simple weighted percentage, secondly, the descriptive statistics of data gotten from the questionnaire using minimum, maximum, mean and standard deviations for interpretations. The Pearson correlation analysis was also be used as a basis of testing hypotheses. The findings revealed that all the independent variables (Salary (SLY) and Benefits Programmes (BP), have a significant relationship with Employees Performance in the Manufacturing Industry. The study recommended that the company should continue providing security benefits to all employees, their position notwithstanding as it will