WORKERS’ PERCEPTION OF RETIREMENT AND ITS IMPLICATION ON PRODUCTIVITY
ABSTRACT
This research work was made to discover how workers perceive retirement and its implication for productivity using Federal Polytechnic, Oko as a case study. The case study is an institution of higher learning. It was established in 1992 through the collective effort of the community. It is located in Orumba North Local Government Area in Anambra State. The institution comprises of academic, non-academic and junior staff. This research work is intended to see whether it has anything to do with the way workers discharge their duties, if it is affecting them negatively to suggest possible ways that will help in correction of mistakes. Moreover, the study used one thousand, four hundred and three (1, 403) workers of which five hundred and twenty-one (521) was sampled out using a simple random sampling technique. Furthermore, questionnaire was used in obtaining the information for analysis. Finally, the result of the research showed that workers have started perceiving the retirement policy more positively especially the staff in Federal Polytechnic, Oko. Also, provisions were made to provide pre-retirement programmes to the staff. In order to equip them and make them to adopt to the dynamic world when they eventually leaves the work force. They were also encouraged to invest in a lucrative business while still in active service.
CHAPTER ONE
INTRODUCTION
1.0 Background of the Study
Federal Polytechnic Oko is an institution of higher learning situated within Oko town in Orumba North Local Government Area in Anambra State. The institution was the brain child of Oko Progressive Union (OPU) that was headed by its chairman, former Executive Vice President of Federal Republic of Nigeria, Dr. Alex Ekwueme, Ide of Aguata in 1979. The institution was approved by the then Anambra State Government and designated as College of Arts and Science designed to prepare candidates for General Certificate of Education (GCE) Examination both at ordinary and advanced levels. The school went on like this for some time, but on June 28, 1980, the institution was upgraded to the status of College of Arts, Science and Technology. The college was formalized as the Anambra State Polytechnic, Oko through edict No 12 of 1985.
In 1992, the Federal Government of Nigeria under the leadership of Chief Ernest Shonekon, head of the transition government and the Anambra State Governor, Dr. Chukwuemeka Ezeife (Okwudike) and the Minister of Education, Prof. Ben Nwabueze, changed the school into a federal school called, Federal Polytechnic, Oko, Anambra State.
Workers perception of retirement and its implications on productivity (A Study of Federal Polytechnic, Oko) was seen as an important issue which research must be carried out on because of the way various workers are viewing it (retirement).
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