COMPARATIVE ANALYSIS OF COMPENSATION SYSTEMS OF PUBLIC AND PRIVATE UNIVERSITIES IN NIGERIA: THE IMPLICATION O PERFORMANCE

Mogboh, Veronica E. and Ene, Nnamdi N. S. and Silba, I. Uzochukwu, and Cordyl, N. Obi (2022) COMPARATIVE ANALYSIS OF COMPENSATION SYSTEMS OF PUBLIC AND PRIVATE UNIVERSITIES IN NIGERIA: THE IMPLICATION O PERFORMANCE. Oeconomia Copernicana, 13 (1). pp. 282-302. ISSN 2083-1277,

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Abstract

This study investigated thecompensation systems adopted in the Nigerian universities by evaluating the implications of such systems on staff performance. Specifically, the work evaluatedthe degree to which extrinsic compensation systems affect staff commitment in the Nigerian universities and ascertained the effect of intrinsic compensation systems on turnover intentions in the Nigerian universities. The survey design was adopted with a population of 1,588 staff, from two randomly selected universities in Enugu State, Nigeria. The universities are Enugu State University of Science and Technology and Coal City University, Public University and Private University respectively. They were purposively selected. A sample size of 591 was drawn. The closed-ended (structured) questionnaire was the instrument used to collect data from the respondents. Results showed that extrinsic compensation systems affect staff commitment in the Nigerian universities(R-coefficient = .711; p< 0.05).Further, there is significant effect of intrinsic compensation systems on turnover intentions in the Nigerian universities(R-coefficient = .724; p< 0.05).The study among others, recommended that there should be ensuring group cohesiveness amongst members of a group. So, group performance should be rewarded by allowances and bonuses by the universities management as a result of the group’s input.

Item Type: Article
Subjects: L Education > L Education (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Education
Depositing User: mrs chioma hannah
Date Deposited: 25 May 2023 16:13
Last Modified: 28 Jun 2024 12:56
URI: http://eprints.gouni.edu.ng/id/eprint/4025

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