Effect of employee benefits on organizational performance

Abstract

The study determined whether employee benefits are associated with organizational performance. The Specific objectives included to: establish the relationship between sick pay leave and organization performance, establish the relationship between pensionable employment and organization performance, establish the relationship between Health Insurance and organization performance and establish the relationship between Providing Housing and organization performance. The study adopted a casecasecase research design using both qualitative and quantitative research paradigms, sampling a total of 50 respondents. The study used questionnaires and interview guide to collect data which was analyzed and presented in tabular tables inform of percentage, frequencies, means, standard deviation and determined the Pearson’s moment’s co relational coefficients. The study revealed thatWorkers that are offered paid sick leave are normally cling to their jobs and that employees that are paid sick days are less likely to seek other employment elsewhere. In addition to the fact that paid sick leave reduces job instability. It is also seen that that pension provides a replacement of income to employees who lose their regular income and that pension improves the morale of the employees towards achieving organisational goals. Additionally, Health insurance helps to protect employees and their families against catastrophic, reduces turnover of employees and commits the employee to their jobs. Housing allowance enhances the organizations capability of attracting and retaining competent workers and also that Housing allowance improves employee security. It was also revealed from the study that it also makes the employee feel they are members of the organisation and that it also leads to easy supervisions. Finally, it was recommend that there is reason to analyse the reward system of teachers, other strategies should not be neglected in enhancing teacher satisfaction and commitment which are as important to driving employee performance. An employee who is satisfied with his job would perform his duties well and be committed to his job, and subsequently to his organization