Factors Affecting Performance of Incentive Schemes in the Construction Industry in Nigeria

Abstract

This study sought to empirically determine the factors that influence how incentive schemes induce construction industry workers to expend more efforts at work with a view to improving how the schemes are designed and implemented. The study was conducted with two sets of questionnaire administered on project managers on seventy one construction sites in Nigeria and five craftsmen on each of these sites. The respondents were required to rank twenty eight factors affecting incentive schemes on a five point Likert scale. The factors rated as high impacting by project managers were regular payment of bonus, clear work targets, site management input and performance measurement. The factors ranked high by craftsmen were quality of supervision, workers' involvement, regular payment of bonus and payout period. Achieving optimum performance of the incentive schemes would require harmonisation of the dissention in the views of management and craftsmen of construction firms.

Keywords; incentive schemes, factors affecting incentives, management of construction firms, craftsmen of construction firms.