STRATEGIC DIMENSIONS OF COMPENSATION MANAGEMENT AND JOB SATISFACTION OF NON-ACADEMIC STAFF OF SELECTED UNIVERSITIES IN LAGOS STATE, NIGERIA

admin/ October 2, 2019/ Journal of Business and Social science/ 0 comments

STRATEGIC DIMENSIONS OF COMPENSATION MANAGEMENT AND JOB SATISFACTION OF NON-ACADEMIC STAFF OF SELECTED UNIVERSITIES IN LAGOS STATE, NIGERIA


STRATEGIC DIMENSIONS OF COMPENSATION MANAGEMENT AND JOB SATISFACTION OF NON-ACADEMIC STAFF OF SELECTED UNIVERSITIES IN LAGOS STATE, NIGERIA
MAJEKODUNMI, Samuel Ayodele Department of Business Administration, Mountain Top University KM 12 Lagos-Ibadan Expressway, Ibafo, Ogun State, Nigeria Email: majekodunmisamuel13@gmail.com


ABSTRACT
The researcher worked on strategic dimensions of compensation management and job satisfaction of non-academic staff of selected universities in Lagos. Survey research design and stratified sampling method were used for the study. Population of the study was 5,434 non-academic staff of selected universities in Lagos State. The study sample obtained was 475non-academic staff. Data were collected through the instrument (structured questionnaire with close-ended questions). The instrument was subjected to content and construct validity. The Cronbach’s alpha coefficients for the variables ranged from 0.749 and 0.830. A 96.8% response rate was achieved. Findings revealed that compensation management had insignificant effect on job satisfaction of non-academic staff of the selected universities in Lagos (r= 0.067, p>0.05) The study concluded that compensation management is not a significant determinant of job satisfaction of non-academic staff in the selected universities in Lagos State, Nigeria. Hence, the management of the selected universities need to revisit their compensation management policies and the implementation approaches.
Keywords: Compensation, Management, Job satisfaction, Non-academic staff, Universities.

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