COMPENSATION AND WORKER COMMITMENT IN OIL SERVICING COMPANIES IN RIVERS STATE, NIGERIA
Abstract
This study investigated the relationship between compensation and worker commitment in oil servicing companies in Rivers State, Nigeria. Compensation is an essential component in maintaining the best employees and establishing an organization for the increasing competitive globe limit. Compensation can be defined as a benefit that an employee get in return for the work rendered to the organization. For the purpose of this study, Three hundred and two (302) copies of structured questionnaire using five (5) point likert scale were administered to respondents of the oil servicing companies in Rivers State, Nigeria. Out of the three hundred and two (302) copies of structured questionnaire, two hundred and ninety-eight (298) copies were completed, filled and used representing a respond rate of 99.3%. The formulated researches Hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient statistical tool and the results prove that compensation persuades affective and continuance commitment.
Keywords: Compensation, Worker commitment, Affective commitment, and Continuance commitment.
CITATION: Nwaiwu, J. C., & Onuoha, C. (2020). Compensation and worker commitment in oil servicing companies in Rivers State, Nigeria. The Strategic Journal of Business & Change Management, 7(1), 505 – 512.
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DOI: http://dx.doi.org/10.61426/sjbcm.v7i1.1546
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