February 2022
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821 Reads
This paper examined Compensation Administration and Performance of Local Government Areas in Anambra State, Nigeria: An Exploration of Issues. The study examines compensation, compensation administration, the design and implementation of a compensation administration programme, objectives of compensation administration, challenges of compensation administration in Nigeria, the influence of the components of compensation administration on performance; and offers suggestions to those who manage people. Background of the Study Today's organizations are operating in a very dynamic and highly competitive environment. To remain relevant in the market, they have to be able to respond quickly to every changing client/stakeholder needs/demands. Compensation administration is one of the methods used by organizations for attracting and retaining suitable employees, as well as, facilitating them to improve their performance through motivation and to comply with employment legislation and regulation (Njanja, Maina, Kibet and Njagi, 2013). Thus, employees are rewarded for their contribution to the organization and the three objectives of the compensation administration system are to attract high quality workers from the labour market; commit them to the organization, retain the best employees the organization already has, and motivate employees to work harder and to help the organization achieve high productivity in its strategic goals.