EFFECTS OF COOPERATIVE BENEFITS ON JOB SATISFACTION AMONG WORKERS AT THE FEDERAL UNIVERSITY OF AGRICULTURE, ABEOKUTA, NIGERIA
Keywords:
Employees; motivation; Workplace; welfare systems; incentives; Institutional productivityAbstract
Cooperative societies play a vital role in enhancing employee welfare through financial support and social services. At the Federal University of Agriculture, Abeokuta, these benefits may influence job satisfaction, yet empirical evidence remains limited. This study explores the relationship between cooperative benefits and staff satisfaction to inform institutional policy and workforce development. The study examined the effects of Cooperative benefits on employees’ job satisfaction at the Federal University of Agriculture, Abeokuta, Ogun State, Nigeria. A multistage sampling procedure was used to select 77 respondents from agricultural-based Departments. Descriptive statistical tools of standard deviation, mean, frequencies, and percentages were used to analyze the objectives of the study. Inferential statistical tools such as Chi-Square and Pearson Product Moment Correlation (PPMC) were used to analyse the hypotheses. Most of the respondents (62.0%) were between the ages of 40 and 50 years, 57.7% were male and 91.5% married. Cooperative membership helps to develop a saving culture ( = 3.49), access loans ( = 3.37) and investment ( = 2.51). Employees had favourable perception of Cooperative benefits because they help members improve their savings culture. Financial strength ( = 4.51) and awareness level of members ( = 4.37) determine the benefits derived from Cooperative membership. Employees had moderate level of job satisfaction ( = 3.43). It is therefore recommended that Cooperative societies should be strengthened by ensuring the availability of comprehensive and competitive benefit packages. Also, transparent communication about the available Cooperative benefits, eligibility criteria, and the process for accessing these benefits should be ensured.
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