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Employee compensation management: The case of the national minimum wage in Nigeria

Author

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  • Samuel O. Oyedele

    (University of Ilorin, Nigeria)

Abstract

This article examines the issue of employee compensation in Nigeria with particular reference to the National minimum Wage. The paper notes that proper employee compensation management is central to industrial harmony in all organizations. The paper however discovered that, over the years, employee compensation as it relates to national minimum wage fixing in Nigeria has remained controversial and problematic. The major cause of this problem is its retention in the federal exclusive legislative list. Having noted all the issues involved, the paper is of the view that minimum wage fixing should be removed from the exclusive legislative list to the concurrent legislative list so that stakeholders can have input in the fixing of the minimum wage in order to maintain the much needed industrial harmony

Suggested Citation

  • Samuel O. Oyedele, 2016. "Employee compensation management: The case of the national minimum wage in Nigeria," Journal of Human Resource Management, Comenius University in Bratislava, Faculty of Management, vol. 19(1), pages 51-55.
    • Handle: RePEc:cub:journl:v:19:y:2016:i:1:p:51-55
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    File URL: http://www.jhrm.eu/2016/04/51-employee-compensation-management-the-case-of-the-national-minimum-wage-in-nigeria/
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    More about this item

    Keywords

    employee compensation; national minimum wage; federalism; legislative list and controversy;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • P35 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance

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