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Format: MS WORD
| Chapters: 1-5
| Pages: 64
AN ASSESSMENT OF SALARIES REFORM ACT AND ITS IMPLEMENTAION IN NIGERIAN PUBLIC SECTOR (A CASE STUDY OF RIVERS STATE MINISTRY OF WORKS)
ABSTRACT
This study examines critically assessment of salaries reform act and its implementation in Nigerian public sector, using ministry of works Rivers state as a case study. The urgent need of reform necessitated fact due to the fact that public sector organization at both the federal, state and local government levels have woefully failed to meet their salaries liabilities thereby groaning under the heavy burden of paying the retirement benefits of retirees. The scourge of “ghost salariesers, has further aggravated the lingering salaries crisis. Strict regulation of the activities of salaries fund Administrators and Nation salaries commission is to be established and charge with the responsibility for the regulation, supervision and effective administration of all salaries matters in Nigeria. The researcher used primary and secondary methods of data collection to gather the needed data. The data obtained through questionnaires were presented in tables and analyzed using the simple percentage. The findings have also shown that factors which militate against successful salaries reform act and its implementation I Nigeria public sector: knowledge gap and general misconceptions, widening the coverage in the informed and private sector, many of the public sectors are not yet to buy the idea, securing system wide buy-in and initial reluctance form employees for register with PFAs and capacity building in the new salaries industry.The study recommends that workers should invest in fixed income. The Nigeria government should intensify effort to ensure financial safety net for older persons in general; through social salaries of foxed stipends for individual above the age of 65 years.
ABSTRACT
This study examines critically assessment of salaries reform act and its implementation in Nigerian public sector, using ministry of works Rivers state as a case study. The urgent need of reform necessitated fact due to the fact that public sector organization at both the federal, state and local government levels have woefully failed to meet their salaries liabilities thereby groaning under the heavy burden of paying the retirement benefits of retirees. The scourge of “ghost salariesers, has further aggravated the lingering salaries crisis. Strict regulation of the activities of salaries fund Administrators and Nation salaries commission is to be established and charge with the responsibility for the regulation, supervision and effective administration of all salaries matters in Nigeria. The researcher used primary and secondary methods of data collection to gather the needed data. The data obtained through questionnaires were presented in tables and analyzed using the simple percentage. The findings have also shown that factors which militate against successful salaries reform act and its implementation I Nigeria public sector: knowledge gap and general misconceptions, widening the coverage in the informed and private sector, many of the public sectors are not yet to buy the idea, securing system wide buy-in and initial reluctance form employees for register with PFAs and capacity building in the new salaries industry.The study recommends that workers should invest in fixed income. The Nigeria government should intensify effort to ensure financial safety net for older persons in general; through social salaries of foxed stipends for individual above the age of 65 years.
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