Impact of Methods of Selecting Incentive Schemes on Incentive Performance in Construction Projects in Lagos State Nigeria
Keywords:
methods of selecting incentive schemes, impact of methods of selecting incentive schemes, construction projects
Abstract
This study investigated the impact that methods of selecting incentive schemes had on the characteristics manifested by the schemes while being used by construction firms in Nigeria. One hundred and four project managers of forty randomly selected construction firms participated in a questionnaire survey to determine the characteristics exhibited by incentive schemes based on the methods employed for their selection. Findings revealed that for the study-based selection method and the selection based on performance measurement, the use of incentive schemes did not cause reduction in the quality of work, unhealthy competition among workers nor fight among themselves. While selection based on tradition and discretion. caused the following; reduced quality of work, fighting among workers and generated unhealthy competition among workers. The study therefore recommended the use of the study-based selection and the selection based on performance measurement for incentive schemes used in the construction industry.
Downloads
- Article PDF
- TEI XML Kaleidoscope (download in zip)* (Beta by AI)
- Lens* NISO JATS XML (Beta by AI)
- HTML Kaleidoscope* (Beta by AI)
- DBK XML Kaleidoscope (download in zip)* (Beta by AI)
- LaTeX pdf Kaleidoscope* (Beta by AI)
- EPUB Kaleidoscope* (Beta by AI)
- MD Kaleidoscope* (Beta by AI)
- FO Kaleidoscope* (Beta by AI)
- BIB Kaleidoscope* (Beta by AI)
- LaTeX Kaleidoscope* (Beta by AI)
How to Cite
References
O. Aina (2011) Performance of Incentive Schemes in Construction Projects in Nigeria. 11, 39-44.
A. Allison, L. Jennifer (2010) Effective Employee Incentive Plans: Features and Implementation Processes.
J. Aaronson (2012) Advantages and Disadvanta- ges of Incentive Schemes.
S. Azasu (2003) A Survey of Incentive Schemes within Real Estate Firms in Sweden. Royal Institute of Technology. 47, 112-115.
R. Bates (1999) Designing Successful Plans. 1.
J. Baumgarten, T. Kort (2013) Creating an Effective Incentive Compensation Plan.
A. Bhattachatya (2006) Incentives Concepts and Types: Understanding the functions of Incentives, India.
S. Burgess, P. Metcalfe (1999) Incentives in Organizations: A Selective Overview of the Literature with Application to the Public Sector, CMPO Working Paper Series No.
Burgess, S. Propper, M. C. Ratto, E. Tomney (2004) Incentives in the Public Sector: Evidence from a Government Agency. https://doi.org/10.2139/ssrn.2119045
Peter Clark, James Wilson (1961) Incentive Systems: A Theory of Organizations. 6(2), 129. https://doi.org/10.2307/2390752
T. Daniel, S. Gary (2006) The Fundamentals of Employee Recognition: SHRM White `Paper.
Duleep Singh (2004) Planning Incentive Schemes, National Productivity Council, New Delhi.
O. Fagbenle, Adeyemi A.Y, Adesanya D.A (2004) The Impact of Non-financial Incentives on Bricklayers Productivity in Nigeria: Journal of Construction Management and Economics. 22.
B. Gregorio (2006) Incentive Pay (Pay for Performance). http://www.cnr.berkeley.edu.com
F. Harris, R. McCaffer (2005) Mordern Construction Management.
S. Heath field (2013) What are Incentives at Work? Adapted from humanresources.
M. Holtman (2002) Principle for Designing Staff Incentive Schemes: Micro Save Market- Solutions for Financial Services.
N. Katz (2002) Incentives and Performance led Management in the Public Sector.
B. McGinnis, J. Keng (2012) Selecting the Right Performance Measure for Your Incentive Plan. http://www.vlaadvisors.com
F. McKenzie, M. Shilling (1998) Avoiding Performance Measurement Traps: Ensuring Effective Incentive Design and Implementation. American Management Association. 30(4), 54-67.
L. McQuerrey (2012) The Advantages of Incentive Plans, adapted from small business.
R. Rao (2011) Incentive Plans. 20. http://www.citeman.com
D. Sanusi (2008) General Overview of the Construction Industry; Massachusetts Institute of Technology - Department of Civil and Environmental Technology.
K. Suri (1970) Initial impact of wage incentive on productivity investigation. 6(2).
W. Tang, Q. Moshan, F. Colin, M. David, J. Youmei (2008) Incentives in the Chinese Construction Industry. 134(7), 457-467. https://doi.org/10.1061/(asce)0733-9364(2008)134:7(457
The Incentive Research Foundation (2011) Motivating Today's Workforce: The Future Incentive and Recognition Program Design.
Published
2014-09-01
Issue
Section
License
Copyright (c) 2014 Authors and Global Journals Private Limited

This work is licensed under a Creative Commons Attribution 4.0 International License.