The level of job satisfaction and effectiveness of every human depends upon an appropriate organization structure; as organization structure is the prescribed pattern of work-related behavior that are deliberately established for the accomplishment of organizational goals. During the last decade quite a lot of discussions have taken place, in the corporate world, about organizational structure, and a lot of organizational success and job satisfaction by the employee are attached to the structure that is in place. Yet opinions still considerably differ with regard to the most appropriate organizational structure that would enhance job satisfaction. This study therefore examined the effects of organizational structure on job satisfaction in the Nigerian financial sector, empirical insight from selected leading banks in Lagos State, Nigeria. Survey research design was used in the study. Data for the study were gotten from both primary and secondary sources. A total of 335 questionnaires were administered randomly to selected banks out of 3711 officials of the leading banks. However, only 280 of the administered questionnaires were filled and returned and 259 of the questionnaires returned were found useful for data analysis. Two hypotheses was advanced to guide the study. The result of the first hypothesis shows that there is a correlation between organizational structure and optimum job satisfaction at 0.795 R-square, hence the Null hypothesis was rejected. Also, the result of the study reveals that there is a relationship between organizational structure and employee's recognition at 0.612 R-square, hence Null hypothesis two was rejected. Findings of the study shows that there is a correlation between organizational structure and components of job satisfaction via need for dominance, achievement & autonomy. The study recommends that organizations should design a suitable structure which must begin with some ideas of what the organization is out to achieve (prime purpose of the organization). The study therefore concludes that managers should bear it in mind that job satisfaction of workers go a long way to determine their productivity, and hence the realization of organizations goals and objectives. So, suitable structures should be put in place to enhance optimum level of job satisfaction.
In today’s Nigeria, employment in organizations has turned upside down due to poor economic situations which do not allow many companies to pay their employees well. There is a need for individuals to look for ways to increase their incomes for meeting financial obligations. The need for hybrid entrepreneurship is critical as well. This paper conducts a review of literature on hybrid entrepreneurship as a tool for poverty reduction. The research employs qualitative research approach and content analysis. The study concludes that, hybrid entrepreneurship is a determinant practice to reduce the rate of poverty in Nigeria. The paper recommends that, hybrid entrepreneurship should be encouraged among the Nigerian citizens so as to reduce the poverty level that has become a problem of Nigerians. Also, every Nigerian should try to get involved or engage in other businesses to augment their incomes so as to achieve their personal and family goals.
This study examined electronic payment systems (EPS) and service delivery in chosen Money Deposit financial institutions in Nigeria. This study aims to evaluate the use of two electronic banking instruments which comprises Automated Teller Machine (ATM) and Point of Sales (POS) terminal usage in enhancing service delivery of Money Deposit Bank in Nigeria. The applications of these two instruments over the years have been given mixed outcomes among both the customers and even the bank officials in Nigeria. Survey research design was adopted in this study. The population of the study covers nineteen (19) Money Deposit banks in Lagos, Nigeria. Four (4) money deposit banks were purposively selected based on their wide coverage and supposed large number of customers. One hundred and eight (108) questionnaires were collected from the distributed one hundred and twenty (120) among bank staff and bank customers of Money Deposit Banks in Lagos with the aid of convenient sampling technique. Regression technique was employed to test the influence of E-payment systems in relation to service delivery. The results showcased significant influence of ATM and POS on service delivery of Money Deposit Banks in Nigeria. The study recommended that banks should spread Automated teller machines and Point-Of-Sales terminal across the towns and cities. And more so, to increase the patronage on EPS, the Money Deposit Banks should intensify their education to sensitize the prospective users of the benefit of these instruments.
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