STAFF WELFARE PACKAGES AND PERFORMANCE OF ENUGU ELECTRICITY DISTRIBUTION COMPANY (EEDC), IN ENUGU STATE, NIGERIA
Keywords:
Staff, Welfare, Packages, Performance, medical, allowance, Efficiency, RetirementAbstract
The study evaluated the Staff welfare packages and performance of the Enugu Electricity Distribution Company (EEDC). In Enugu State, Nigeria. Specifically, the objectives include to: ascertain the extent medical insurance affects the efficiency and the effect of retirement benefits on labour turnover of EEDC.The study used the descriptive survey design approach. The primary source of data was the administration of questionnaire. A total population of 780 staff was used. The adequate sample size of 264, using Freund and William's statistic formula at 5 percent margin of error was used. 258 staff returned the questionnaire and accurately filled. Data was presented and analyzed using Likert Scale and the hypotheses using Pearson correlation coefficient (r). The findings include that Medical insurance affects the efficiency of EEDC to a large extent (X value = 38.24, p value 0.0000 < 0.05), and Retirement benefits had significant positive effect on the labour turnover of EEDC (X value = 17.75, p value 0.0000 < 0.05). The study concluded that staff welfare packages have positive effect on performance of the EEDC. Staff welfare involves the provisions of various services, facilities and amenities for the benefit of the employees for improved standard of living. The study recommended among others that electricity transmission companies should adopt medical insurance because of the nature of their work and a healthy worker will work towards the efficiency of the organization
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