Paper Title

Introducing the Suppressor Variable in the Operational Framework Model on the Subject ‘Profit Sharing and Worker Efficiency in Oil and Gas Companies in Port Harcourt’ for a Professional Balanced Recommendations: A Study Outcome from SPDC and NLNG, Port Harcourt, Nigeria

Authors

Simeon Abel Igah

Keywords

PROFIT SHARING, WORKER EFFICIENCY, WORKER NEEDS, SUPPRESSOR

Abstract

This empirical work is aimed at introducing the uncommon suppressor variable in the conceptual or operational framework structure to give a balanced, detailed and thorough consideration of the research objectives. The empirical work through which the suppressor variable is revealed is ‘Profit Sharing and Worker Efficiency in Oil and Gas Companies in Port Harcourt’. The suppressor variables, so revealed made the recommendations total as it touched the Dos and the DON’Ts vis-à-vis the outcomes of the analyses, subsequent to the interface of the research variables. The recommendations, sequel to the outcomes of this study are a posteriori, owing to avalanche of assumption tests that were carried out to this work an all-round validity. A study sample of 1714 workers was used to gather the raw data through the ‘Profit Sharing and Worker Efficiency’ questionnaire. Three unavoidable analyses – uniovariate, zero and partial correlation and the bivariate were done to ascertain that this work is void of Type 1, Type 2 and Type 3 errors. Karl Pearson’s Product Movement Correlation Coefficient (R)) parametric tool was used to test the research hypotheses. The Statistical Package for Social Sciences and EView 10 softwares were used to conduct the analyses. The objectives of the study were: to Ascertain the significant relationship between Current Distribution Profit Sharing Plan and Worker Efficiency, to ascertain the significant relationship between Employee Distribution Profit Sharing Plan and Worker Efficiency, to ascertain the significant relationship between Deferred Distribution Profit Sharing Plan and Worker Efficiency, to establish the influence of Workers’ Needs in the relationship between Profit Sharing and Worker Efficiency, To establish the influence of Company Size in the relationship between Profit Sharing and Worker Efficiency, to establish the influence of Company Policy in the relationship between Profit sharing and Worker Efficiency, to establish the significant negative influence of Transcendence in the relationship between Profit Sharing and Worker Efficiency and to establish the significant negative influence of Hedonism in the relationship between Profit sharing and Worker Efficiency. The findings, specifically were that there was a significant relationship between profit sharing and worker efficiency, there were significant positive influences of worker needs, company size and company policy in the relationship between profit sharing and worker efficiency, and that there were significant negative influences of transcendence and hedonism in the relationship between profit sharing and worker efficiency

How To Cite

"Introducing the Suppressor Variable in the Operational Framework Model on the Subject ‘Profit Sharing and Worker Efficiency in Oil and Gas Companies in Port Harcourt’ for a Professional Balanced Recommendations: A Study Outcome from SPDC and NLNG, Port Harcourt, Nigeria ", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.7, Issue 2, page no.272-329, February-2022, Available :https://ijnrd.org/papers/IJNRD2202037.pdf

Issue

Volume 7 Issue 2, February-2022

Pages : 272-329

Other Publication Details

Paper Reg. ID: IJNRD_180534

Published Paper Id: IJNRD2202037

Downloads: 000118821

Research Area: Engineering

Country: -, -, -

Published Paper PDF: https://ijnrd.org/papers/IJNRD2202037

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2202037

DOI: http://doi.one/10.1729/Journal.30383

About Publisher

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

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