Effects Of Pay Disparity On The Performance Of Commercial Bank Employees In Nigeria: A Study Of Union And Diamond Banks Plc

Michael Okpara University | 92 pages (19280 words) | Thesis
Human Resource Management | Co Authors: PASCHAL-ADIGHIJE JANE NKECHI

ABSTRACT

The performance of Banks is of importance to investors because it determines both the returns on investment and it is a measure of economic stability and secured investment environment. The study examined pay disparity on the performance of commercial bank employees in Nigeria: using first and second generation banks. The specific objectives of the study were to identify factors that influence pay disparity in the selected Banks. To find out the consequences of pay disparity on the performance of employees in Union and Diamond Banks. To find out the extent of pay disparity among employees of Union and Diamond Banks. To find out the relationship between pay disparity and the performance of employees in the selected banks. The survey research was used. The primary and secondary sources were the main methods for data collection. The sample size used in the study was 98 bank staff randomly selected from the two banks. Three hypotheses were tested. Data was analyzed and descriptively presented using frequency and percentage distribution tables. The test of hypotheses used chi square statistics. Variables tested-- were pay, pay satisfaction, job satisfaction, employee performance and reaction to pay disparity. The result showed disparity in pay and a very high level of employee dissatisfaction for pay, which reflected on the performance of the banks. This study recommends the narrowing of pay gaps within commercial banks as a panacea for improved performance.

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APA

MICHAEL, U (2021). Effects Of Pay Disparity On The Performance Of Commercial Bank Employees In Nigeria: A Study Of Union And Diamond Banks Plc. Repository.mouau.edu.ng: Retrieved Jan 16, 2022, from https://repository.mouau.edu.ng/work/view/effects-of-pay-disparity-on-the-performance-of-commercial-bank-employees-in-nigeria-a-study-of-union-and-diamond-banks-plc-7-2

MLA 8th

UNIVERSITY, MICHAEL. "Effects Of Pay Disparity On The Performance Of Commercial Bank Employees In Nigeria: A Study Of Union And Diamond Banks Plc" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/effects-of-pay-disparity-on-the-performance-of-commercial-bank-employees-in-nigeria-a-study-of-union-and-diamond-banks-plc-7-2. Accessed 16 Jan. 2022.

MLA7

UNIVERSITY, MICHAEL. "Effects Of Pay Disparity On The Performance Of Commercial Bank Employees In Nigeria: A Study Of Union And Diamond Banks Plc". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Sep. 2021. Web. 16 Jan. 2022. < https://repository.mouau.edu.ng/work/view/effects-of-pay-disparity-on-the-performance-of-commercial-bank-employees-in-nigeria-a-study-of-union-and-diamond-banks-plc-7-2 >.

Chicago

UNIVERSITY, MICHAEL. "Effects Of Pay Disparity On The Performance Of Commercial Bank Employees In Nigeria: A Study Of Union And Diamond Banks Plc" Repository.mouau.edu.ng (2021). Accessed 16 Jan. 2022. https://repository.mouau.edu.ng/work/view/effects-of-pay-disparity-on-the-performance-of-commercial-bank-employees-in-nigeria-a-study-of-union-and-diamond-banks-plc-7-2

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