ABSTRACT
The study sought to assess the effectiveness of cutting employee related costs exercised by Altfin
Holdings Ltd.It is aligned with the background that operating costs had been increasing and need
arose to reduce costs and still maintain a standing in the insurance industry. The scope of the
research is to assess the effectiveness of cutting employee related costs on the viability and
sustainability of the organization.
A review of literature was carried out in order to establish what other authors had to say on the
subject. The researcher used these proposed theories as a foundation for field research. The
research was a case study in which questionnaires and interviews were used as data gathering
instruments. A sample of twenty five respondents was drawn from the entities managers,
accountants, clerks, administration personnel, investment analyst and agents. Both primary and
secondary data was used and findings denoted through the use of tables, pie charts and graphs. It
was established from the theoretical review and results from actual field research that curbing
employee related costs results in demotivation of workers. Conclusions were drawn interms of
the objectives set out at the beginning of the project, and recommendations were made on which
Altfin Holdings Limited may wish to undertake.
BUSUSU, E (2021). ASSESSING THE EFFECTIVENESS OF CUTTING EMPLOYEE RELATED COSTS AS A PERFORMANCE MEASURE. A CASE STUDY OF ALTFIN HOLDINGS LIMITED. Afribary. Retrieved from https://afribary.com/works/assessing-the-effectiveness-of-cutting-employee-related-costs-as-a-performance-measure-a-case-study-of-altfin-holdings-limited
BUSUSU, ELLEN "ASSESSING THE EFFECTIVENESS OF CUTTING EMPLOYEE RELATED COSTS AS A PERFORMANCE MEASURE. A CASE STUDY OF ALTFIN HOLDINGS LIMITED" Afribary. Afribary, 04 May. 2021, https://afribary.com/works/assessing-the-effectiveness-of-cutting-employee-related-costs-as-a-performance-measure-a-case-study-of-altfin-holdings-limited. Accessed 27 Apr. 2024.
BUSUSU, ELLEN . "ASSESSING THE EFFECTIVENESS OF CUTTING EMPLOYEE RELATED COSTS AS A PERFORMANCE MEASURE. A CASE STUDY OF ALTFIN HOLDINGS LIMITED". Afribary, Afribary, 04 May. 2021. Web. 27 Apr. 2024. < https://afribary.com/works/assessing-the-effectiveness-of-cutting-employee-related-costs-as-a-performance-measure-a-case-study-of-altfin-holdings-limited >.
BUSUSU, ELLEN . "ASSESSING THE EFFECTIVENESS OF CUTTING EMPLOYEE RELATED COSTS AS A PERFORMANCE MEASURE. A CASE STUDY OF ALTFIN HOLDINGS LIMITED" Afribary (2021). Accessed April 27, 2024. https://afribary.com/works/assessing-the-effectiveness-of-cutting-employee-related-costs-as-a-performance-measure-a-case-study-of-altfin-holdings-limited