A comparative assessment of incentive scheme between indigenous and multinational construction contractors in Nigeria

Saka, N and Ajayi, O M (2010) A comparative assessment of incentive scheme between indigenous and multinational construction contractors in Nigeria. In: Egbu, C (ed.) Proceedings of 26th Annual ARCOM Conference, 6-8 September 2010, Leeds, UK.

Abstract

Workmen’s productivity is central to cost and time performance of construction project. One of the most important factors that affect the productivity of workmen is the welfare or incentive scheme provided by the contractor. The Nigerian fast developing economy has a burgeoning construction sector with multitudes of Multinational Construction contractors (MNCs) and Indigenous Construction Contractors (ICCs); each of these contractors operates some form of incentive scheme to boost productivity. The study makes a comparative assessment between MNCs and ICCs in terms of their incentive programmes. Data were obtained through structured questionnaire survey in Lagos State of Nigeria. Descriptive statistical tools and Chi-square test were used to analyse the data. The result shows that the MNCs outperformed the ICCs in virtually all types of incentives (financial, semi-financial and non-financial). The study concludes that the ICCs should imitate the MNCs in the management of incentives.

Item Type: Conference Paper (Paper)
Uncontrolled Keywords: incentive scheme; indigenous contractors; multinational contractors; productivity
Index terms: construction contractor, construction sector, Lagos State, time performance, construction project, questionnaire, productivity, survey, programme, developing economy, Nigeria, multinational contractor
Subjects: practitioner, data collection methods, strategic management, production management, Geography, management, economic development, industry analysis, project controls
Topics: Time Control, International Construction, Roles and Professions, Project Management, Geographical Context, Research Practice, Business Strategy
Descriptive scope: 5 PCTEA

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