EMPLOYEE BENEFITS AND FIRM GROWTH

Abstract

This study examined the relationship between employee benefit and firm growth operationalized by health insurance and service delivery. The study adopted descriptive design. Data were collected from employees of International Breweries PLC, Onitsha, Anambra State, Nigeria using five point Likert- type scaled instrument. The reliability and validity of the instrument were confirmed based on a pilot study test administered on the staff of Nnamdi Azikiwe University, Awka. While the independent variable (employee benefits) was proxied with health insurance, the dependent variable (firm growth) was measured using service delivery. The hypothesis was tested using grand mean which is the mean of means. The study revealed that health insurance has no significant relationship with service delivery. The study concluded that  employee benefit have positive relationship to firm growth, and recommended that firms should adopt health insurance not as a morale booster, but to concentrate health insurance on employees whose performance could be hampered by health- related risks in the organization.