EMPLOYEES’ BENEFITS AND ORGANISATIONAL PERFORMANCE IN JULIUS BERGER NIGERIAN PLC
Keywords:
Employee Benefits, Organizational Performance and Construction FirmsAbstract
This study examines the relationship between employee benefits and
organizational performance in construction companies, with a particular focus on Julius Berger
Nigeria Plc, one of the leading construction firms in Nigeria. This study adopted descriptive
survey design, which is concerned with determining the frequency with which something
occurs or the relationships between variables. The total population is 324 permanent staff
members at the head office and site supervisors. The researcher targeted 40% of the entire
population, which included 130 employees. A purposive sampling of the targeted population
was employed. The study used questionnaires to collect the data and consulted secondary
sources and literature for comparison. This study adopted the multiple regression analysis
technique to analyse the data. The results of the study revealed that training and development,
as well as health and safety benefits, have positive and significant effects on organizational
productivity, whereas retirement-related benefits have an insignificant negative effect on
organizational productivity. Based on these findings, the study concluded that employee
benefits are an important strategy for motivating staff to improve performance. The study
suggests that organizations should continue providing health and security benefits to all
employees, as these benefits positively influence employee performance and increase overall
productivity in the company.