Effect of Salary Schemes On Employeees' Productivity • A Case Study of Sony Sugar Company, Kenya

TABLE OF CONTENTS PAGE

DECLARATION ..................................................................................................................... i

ACKNOWLEDGEMENT ......................................................................................................... ii

DEDICATION ...................................................................................................................... iii

TABLE OF CONTENTS ...................................................................................................... iv

LIST OF TABLES ................................................................................................................ vii

LIST OF FIGURES ............................................................................................................ viii

ABBREVIATIONS AND ACRONYMS .................................................................................... ix

ABSTRACT .......................................................................................................................... x

CHAPTER ONE. ................................................................................................................... l

INTRODUCTION .............................................................................................................. l

BACKGROUND TO THE STUDY ................................................................................. 1

COMPANY BACKGROUND ......................................................................................... 2

STATEMENT OF THE PROBLEM ................................................................................ 4

RESEARCH OBJECTIVES .................................................................................... : .......... .5

RESEARCH QUESTIONS ................................................................................................ 6

RESEARCH HYPOTHESIS .......................................................................................... 6

SIGNIFICANCE OF THE STUDY ................................................................................. 6

THE SCOPE 1\ND LIMITATIONS OF THE STUDY ......................................................... 7

THE CONCEPTUAL FRAMEWORK .............................................................................. 7

CHAPTER TWO ........................................................................................................... 9

LITERATURE REVIEW ................................................................................................ 9

INTRODUCTION ...................................................................................................... 9

CONCEPTUAL DEBATE ............................................................................................. 9

v

SALARY SCHEME ......................................................................................................... 9

THEORETICAL FRAMEWORK .................................................................................. 11

EMPIRICAL DEBATE ............................................................................................... 16

SALARY SCHEME ......................................................................................................... 16

ANNUALIZED SALARY SCHEME .................................................................................. 16

PENSION SCHEME ........................................................................................................ 16

CAREER DEVELOPMENT PROGRAMMES ....................................................................... 17

FRIDGE BENEFIT ......................................................................................................... 17

CHAPTER THREE ......................................................................................................... 18

RESEARCH METHODOLOGY ................................................................................... 18

INTRODUCTION .................................................................................................... 18

RESEARCH DESIGN ................................................................................................ 18

TARGET POPULATION ............................................................................................ 18

SAMPLING DESIGN AND PROCEDURE ..................................................................... 19

DATA COLLECTION INSTRUMENT AND METHODS ................................................... 19

DATA ANALYSIS TECHNIQUES AND PRESENTATION METHOD ................................. 20

CHAPTER FOUR ......................................................................................................... 21

DATA ANALYSIS AND INTERPRETATION . ............................................................. 22

INTRODUCTION .................................................................................................... 22

BACKGROUND INFORMATION ................................................................................ 22

SALARY SCHEME ................................................................................................... 27

CHAPTER FIVE ......................................................................................................... 37

SUMMARY AND CONCLUSION ................................................................................... 37

ANALYSIS FROM HUMAN RESOURCE DEPARTMENT ............................................... 38

CONCLUSION ........................................................................................................ 42

RECOMMENDATIONS ............................................................................................. 43

Vl

BIBLIOGRAPHY ......................................................................................................... 48

APPENDIX I .......................................................................... , ......................................... 50

APPENDIX II ........................................ , ........................................................................... 51

APPENDIX III. ............................................................................................................ ~