STRATEGIC PLANNING AND COMPENSATION MANAGEMENT IN CADBURY NIGERIA PLC

STRATEGIC PLANNING AND COMPENSATION MANAGEMENT IN CADBURY NIGERIA PLC

Project Details

STRATEGIC PLANNING AND COMPENSATION MANAGEMENT IN CADBURY NIGERIA PLC



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Description

ABSTRACT
This study investigates strategic planning and compensation management in Cadbury Nigeria Plc. The specific objective are to investigate strategic planning of Cadbury Nigeria Plc; examine the relationship between strategic planning and compensation management; investigate the impact of strategic planning and employee performance and; determine the effect of compensation management on employee performance. The study was anchored on Marginal Productivity Theory, Governance Theory and Tournament Theory. Descriptive survey design was adopted for the study. Population was drawn from Cadbury Nigeria Plc. Taro Yamane formula was used to select 40 respondents that participated in this study. A validated questionnaire was used to gather information from the participants. Data generated was analysed using bivariate correlation and Regression analysis. The results showed that there is no statistical significant relationship between strategic planning and compensation management (r = .174 < p .283). Also there is no statistical significant relationship between strategic planning and employee performance (r .114 < p .483). However, there is statistically significant relationship between compensation management and employee performance (r .326* >p .040). Conclusively, there is gap between strategic planning and employee performance while there is statistically significant relationship between compensation management and employee performance. Among other recommendations is that human resources management need to seek more ways of engaging staff in decision making to create a sense of belonging and improve staff performance resulting to better achievement of the organizational goals.

TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION
1.0 Background to the Study
1.1 Statement of the Problem
1.2 Objective of the Study
1.3 Research Questions
1.4 Research Hypotheses
1.5 Scope of the Study
1.6 Limitations of the Study
1.7 Justification of the Study
1.8 Organization of the Study
1.9 Definition of Terms
CHAPTER TWO: LITERATURE REVIEW
2.0 Preamble
2.1 Conceptual Review
2.1.1 Strategic Planning
2.1.2 Compensation Management
2.1.2.1 Types of Compensation
2.2 Theoretical Review
2.2.1 Marginal Productivity Theory
2.2.2 Governance Theory
2.2.3 Tournament Theory
2.3 Empirical Review
2.4 Historical of Background of Cadbury Nigeria Plc
CHAPTER THREE: RESEARCH METHODOLOGY
3.0 Preamble
3.1 The Study Area
3.2 Population of the Study
3.2.1 Population Distribution
3.2.2 Sample Size
3.3 Research Design
3.4 Type of Data and Instrument for Data Collection
3.5 Validity and Reliability of Research Instrument
3.6 Model Specification
3.7 Method of Data Analysis
CHAPTER FOUR: DATA PRESENTATION, INTERPRETATION AND ANALYSIS
4.0 Preamble
4.1 Data Presentation and Interpretation
4.1.1 Demographic Distribution of Respondents
4.2 Analysis and Interpretation of Questions Relating to Variables
4.3 Testing of Hypotheses
4.4. Discussion of Findings
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.0 Preamble
5.1 Summary of Findings
5.2 Conclusion and Implication for Management
5.3 Recommendations
5.4 Suggestion for Further Studies
REFERENCES
APPENDIX

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