EXAMINING THE IMPACT OF GLOBALISATION POLICY OF FRINGE BENEFIT MONETISATION ON WORKING CONDITIONS OF EMPLOYEES IN YOBE STATE NIGERIA

Aminu Mohammed Lawan, Ph.D, Salisu Adamu Dalah and Razlini Mohd Ramli, Ph.D
Volume 4 Issue 1

Abstract

The study investigates the effect of monetisation policy on working conditions in the public service of Yobe State, Nigeria. It has been noted that the Government spends a great deal of money on routine spending, such as paying salaries, pensions, and other fringe benefits to civil servants. There was a waste, mismanagement, and nonchalant attitude towards government properties, as it was wrongly assumed that government property is no property of anyone. The Federal Government of Nigeria implements monetisation as the monetary quantification of certain fringe benefits that the Government used to offer to its employees as part of its terms of service. These benefits include accommodation, vehicles, residential furniture, utility facilities, etc. The study employed a qualitative research method, open-ended, and inductive strategy. The study has administered an in-depth interview on 15 respondents selected from the Ministry of Finance and Economic Development, Office of the Head of Public service, and Ministry of Health and Human Services of Yobe State, Nigeria. The data collected was analysed using thematic analysis with the support of NVivo. The software was used in data coding and creating a pattern from an in-depth interview. The results show that monetisation policy introduced in Nigeria's public service to reduce the cost of governance. It includes housing, furniture, vehicle, and domestic staff allowance given to the public servants in bulk. The findings of the study has contributed theoretical and practically. The study discovered that the Government reduces public spending by looking inward without sacking employees, unlike what the neoliberal model advocates. The study provides essential guidance to Government, policymakers, and policy implementers to understand the influence of monetisation policy in public service. Keywords: Monetisation, Working conditions, Fringe Benefits, Employees, Nigeria

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