COMPENSATION SYSTEM IN NIGERIAN CONSTRUCTION INDUSTRY (A STUDY OF ARAB CONTRACTORS NIGERIA LIMITED ENUGU STATE)

📄 Project Abstract

This research work assessed Compensation System in the Nigerian Construction Industry with specific reference to Arab Contractors Nigeria Limited in Enugu State. The research work tried to examine the compensation system applied on the Nigerian Construction Industry and to formulate remedies as to how to enhance its effectiveness and efficiency in its administration. To achieve the above research objective, three research hypotheses have been advanced to include that equitable compensation does not result in high productivity and achievement of organizational goal; organization that are practicing total compensation for their employees are not likely to succeed and that construction companies having 50% - 60% of their workforce does not need to engage in total compensation for their workers. The study uses the survey research method. The population of the study constitutes the staff of Arab Contractors. The sample for the study was selected by using simple random sampling procedure. Th...