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Full Project – THE EFFECT OF NON-FINANCIAL INCENTIVE ON STAFF PRODUCTIVITY IN NIGERIAN SECURITY PRINTING AND MINTING COMPANY

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ABSRACT

Nigerian Security Printing and Minting Company (NSPMC) like other public enterprise is constraint with the problem of using non-performance-based element like salaries to compensate it staff as against performance-related pay structure which has hamper productivity because it does not make workers put in extra effort in their work. This is so because their compensation is not based on incentive schemes that elicit additional effort of workers sequel to unfriendly government legislation on wages clause and bureaucratic inefficiency. Hence the need to examine the effect of financial and non-financial incentive on staff productivity in Nigerian Security Printing and Minting Company Kaduna. The researcher used Nigerian Security Printing and Minting Company Kaduna main office located in Yakubu Gowon Way as a case study to bring to light the effect of financial and non-financial incentives on staff performance in organizations. The study will therefore be beneficial to the organization understudy (NSPMC) in area of policy formulations as regard staff incentive schemes and remuneration. In the methodology, the data used in compiling this research were gathered from both Primary and secondary data sources. The data was analyzed using statistical package which was presented in frequency tables and percentage. The study employed the survey method. The population consisted of all Staff of NSPMC Kaduna. Out of 158 persons, a sample size of 70 was drawn from the total population using the stratified random sampling technique. The findings from this study revealed that Nigerian Security Printing and Minting Company is not based on incentives scheme that enhance performance, but based on grade levels design by government, which does not motivate the workers. The non-financial incentives that NSPMC use to boost workers’ productivity are in-service training, promotion, off-duty and cafeteria services. The challenges confronting NSPMC incentive schemes arise from the inability of NSPMC to design salary based on performance, meager salary as compared to other rate currier services, and that NSPMC does not carry out staff evaluation and performance appraisal when promoting their staff.

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RESEARCH PROJECT CONTENTS
CHAPTER ONE - INTRODUCTION
1.1 Background of the study
1.2 Statement of problem
1.3 Objective of the study
1.4 Research Hypotheses
1.5 Significance of the study
1.6 Scope and limitation of the study
1.7 Definition of terms
1.8 Organization of the study
CHAPETR TWO – LITERATURE REVIEW
2.1. Introduction
2.2. Conceptual Framework
2.3. Theoretical Framework
2.4 Empirical Review
CHAPETR THREE - RESEARCH METHODOLOGY
3.1 Research Design
3.2 Study Area
3.3 Population of the Study
3.4 Sample Size and Sampling Technique
3.5 Instrument for Data Collection
3.6 Validity of the Instrument
3.7 Reliability of the Instrument
3.8 Method of Data Collection
3.9 Method of Data Analysis
3.9 Method of Data Analysis
3.10 Ethical Considerations
CHAPTER FOUR - DATA PRESENTATION AND ANALYSIS
4.1. Introduction
4.2 Demographic Profiles of Respondents
4.2 Research Questions
4.3. Testing of Research Hypothesis
4.4 Discussion of Findings
CHAPTER FIVE – SUMMARY, CONCLUSION & RECOMMENDATIONS
5.1 Introduction
5.2 Summary
5.3 Conclusion
5.4 Recommendation
REFERENCES
APPENDIX

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