Impact of Compensation Management on Private University Employee Performance in Cross River State, Nigeria
Year: 2025
Type: article
Study design: Observational Study
Abstract: An essential component of the organization's human relations strategy for increasing productivity is compensation management. The impact of compensation management strategies on worker performance was the focus of this study. A survey research design was used in the study. Ninety-four employees of Arthur Jarvis University in Akpabuyo and Havilla University in Nde-Ikom were the target group. Due to the smallness of the population, no sample size was established as the researcher settled for a census study. A systematic questionnaire was used to gather data. To test the relationship between the variables, Pearson Product Moment Correlation Coefficient Analysis was utilised. The findings revealed that rewards systems and benefit programs significantly and positively relationship with corporate organisation performance (employee retention and employee productivity) at r = 0.716 and 0.486, p<0.05, respectively. The study concluded that to encourage employees to improve their performance and advance business sustainability, proper compensation management through an efficient reward system and employee benefit program should be put in place. To guarantee a suitable compensation plan, the study advised management to create reward systems, which would include the organization's appropriate pay structures and job evaluation procedures. Nevertheless, management should keep offering financial rewards and job security to every worker in their roles since this would boost output and improve the institution's overall performance.
Institution: Federal Polytechnic Ugep
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7219923793