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n Journal of Emerging Trends in Economics and Management Sciences - An assessment of the criteria used in allocating different types of employee benefits at the Kenya Pipeline Company, Eldoret, Kenya

Volume 4, Issue 2
  • ISSN : 2141-7024
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Abstract

This paper is based on a study that assessed the types and criteria for awarding employee benefits at the Kenya Pipeline Company, Eldoret branch. Interpretive case study methodology and descriptive survey research design was used to obtain in-depth information from the respondents. The target population comprised 180 employees at the KPC, Eldoret branch. Stratified random sampling was used to draw a sample of 49 employees and purposive sampling to select 6 senior management staff. Data was collected using a questionnaire, document analysis and an interview schedules. Documents analyzed included the company's journals and the strategic plan. Descriptive and inferential statistics were used to analyze the data. The study established that the Company utilizes Collective Bargaining Agreement (CBA) and company policy in awarding equal employee benefits. The following equal employee benefits are awarded by KPC to its employees: schemes such as loans, pension and an assortment of insurance policies, knick-knacks, paid time off in form of leaves and holidays, counselling services, bonding sessions, payment for over time, protective gears and casual wear. Given the high global economic inflation, companies should consider harmonizing the benefits package so as to cushion itself against employee attrition and its employees against the harsh effects of inflation. From its findings and recommendations, the study helps managers increase employee motivation and morale which in turn will translate to high performance. The study also adds knowledge to the existing database which can be referred to by researchers and scholars.

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/content/sl_jetems/4/2/EJC135851
2013-04-01
2019-09-16

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