Employee Job Satisfaction and Entrepreneurial Venture Growth of Plastic Manufacturing Firms in Nigeria
Publication Date: 23/07/2020
Author(s): Anetoh John Chidume, Anetoh Vivian Chioma, Okeke Goodfaith Nnenna, Okeke-Ezeanyanwu Joy A., Okafor Chizoba Adaeze, Obiezekwem Chukwujekwu Jeffery, Peter Rita Adaobi.
Volume/Issue: Volume 3 , Issue 1 (2020)
Abstract:
This research ascertained the relationship between employee job satisfaction and entrepreneurial venture growth of selected plastic manufacturing firms in Nigeria using Anambra State as reference point. The study aimed to ascertain the extent employee training, team work, involvement and compensation relate to entrepreneurial venture growth. The target population of the study was 2360 employees while the sample size for the survey was 342. Data were collected primarily from field survey using the employees of the selected plastic manufacturing firms in Anambra State of Nigeria. A cross-sectional survey research design was adopted for the study. Structural equation modeling technique was used to test the hypothesized relationship at 5% level of significance. The findings revealed that there exists a positive relationship between employee satisfaction and entrepreneurial venture growth of plastic manufacturing firms. The findings discovered that employee training, employee team work, employee involvement and employee compensation had positive significant relationships with entrepreneurial venture growth of plastic manufacturing firms. The implication of the findings is that a satisfied employee is a productive worker. This entails that if employees are satisfied then they will perform better than when they are not satisfied. The study recommends that management should attach more importance to training their employees, working as a team, more employee involvement in decision-making as well as adequate compensational packages for improved growth of entrepreneurial ventures in Nigeria.
