The Impact of Employer Provided Benefits on Job Satisfaction in Public Construction Sector in Rivers State, Nigeria
Published 2024-04-06
Keywords
- health insurance,
- paid time off,
- retirement benefits plan,
- Job Satisfaction,
- productivity
- Employer provided benefits ...More
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Copyright (c) 2024 Research Journal of Management Practice
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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Abstract
The study investigated the relationship between the impact of employer-provided benefits on job satisfaction in the public construction sector in Rivers State, Nigeria. The study adopted a cross-sectional research design. The population of the study comprised 280 respondents from seven (7) public construction organizations. A sample size of 162 respondents was determined using Taro Yamene’s sample formula. A questionnaire was used in data collection, and the retrieved data were analyzed using Pearson Product Moment Correlation Coefficient Statistics. The findings show a significant impact of employer-provided benefits on job satisfaction in the public construction sector in Rivers State, Nigeria. Therefore, the study concluded that employer-provided benefits have a strong impact on job satisfaction in the public construction sector in Rivers State, Nigeria. Thus, the study recommended that management should ensure that health insurance coverage is comprehensive and accessible to all employees, as this will provide employees with a sense of security and peace of mind, leading to higher job satisfaction. Management should implement fair and generous paid time off policies that allow for sufficient time off for rest and relaxation, as it can help employees maintain a healthy work-life balance, which is essential for job satisfaction and overall well-being. Management should offer a competitive retirement benefits plan that includes options such as pensions, provident funds, or other retirement savings schemes, as these can provide employees with a sense of financial security and stability for the future, enhancing their job satisfaction.