'A study of Compensation Management Essay\r'

'In spite of the bigeminal benefits and advantages of altogetherowance counseling and its impact on employee’s operation, it elicitnot still be state that having hire management policy is a panacea for success\r\nin appraising, and managing employee’s per induceance. It is therefore the duty of all managers to checker that the use of compensating policy meets employee’s scene in order to have groovy and effective performance. The first basic requisite for effective and functional performance system of rules is to have a common taking into custody of the standards of performance required from each ancestry holder, performance required from each patronage holder and compensation management should be in relation with organizational goals and objectives.\r\n angiotensin converting enzyme of the primary responsibilities of management is to make compensation policy a veritable stopcock for optimizing the potentials of employees and human resources manage r or practitioners should be in the driving seat in ensuring that the system is run in bankers bill with the principles of fairness and equity.\r\nSUMMARY\r\nThe study was aimed at examining the impacts of compensation management practices on employees’ performance at the Nigeria Port Authority, Apapa.\r\nQuestionnaires were administered to selected staff of Nigeria ports Authority, Apapa. The wide nation was estimated at 340 people comprising of of age(p) and junior staff and out of this population a sample of 100 respondents were willingy-nilly selected for intensive study and analyzed.\r\nThe responses obtained from the questionnaire that was personally administered and the sort of hypothesis Using chi foursquare (x2 distribution)\r\nstatistical method of analysis form the basis of the finding of this research survey. many of the findings are,\r\n1. That the Nigeria ports confidence (NPA) has a well-organized and efficient compensation management system which is a pplicable to all the employees.\r\n2. That compensation management system has a great impact on employee’s efficiency and performance at the Nigeria ports authority (NPA).\r\n3. There is a relationship betwixt compensation management policy and employee’s performance and that compensation management will lead to positive impact on employee’s performance.\r\n4. That employee’s performance can also be determined finished the use of some factors which are not monetary inclined like motivation, leadership, communication, objective, control, experience of belonging and decision making in relation to compensation management practices.\r\n5. That condescension the significant impact of compensation management system, performance of some employees is not up to the set standard of the organization.\r\n'