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- W2413475057 abstract "This study examines the relationship between social welfare in organisations and labour turnover among selected banks in Alimosho local government area of Lagos. Effective management of any organization’s welfare system is undoubtedly one of the most complex and problematic issues organizations have to grapple with. This study tried to investigate the reasons for labour turnover, examine employees welfare packages/measures provided by the banks under study. The level of employees satisfaction with the welfare measures adopted by the bank were also interrogated. This study adopted the survey research design. The sample for this study were drawn from selected banks in Alimosho local government area of Lagos. 300 questionnaire were administered using the total population sampling methods but only 286 were adjudged suitable for analysis. The analysis indicates that majority of the respondents were of the view that the welfare system in an organization is a strong determinant of labour turnover. Majority of the staff 130(45.5%) in the selected banks strongly agreed that improving employee welfare will reduce labour turnover. A large proportion 219(76.6%) of the respondents intends to leave their job in search of a better offer. This study recommends that prompt payment of employees salary and improved working conditions will help to reduce high rate of labour turnover. Also, organizational work policies should favor both the employees and employers in the organization." @default.
- W2413475057 created "2016-06-24" @default.
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- W2413475057 date "2016-05-28" @default.
- W2413475057 modified "2023-09-27" @default.
- W2413475057 title "SOCIAL WELFARE SYSTEM AND LABOUR TURNOVER: A STUDY OF SELECTED BANKS IN ALIMOSHO LOCAL GOVERNMENT AREA OF LAGOS STATE" @default.
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