KEDCO plans improved pay package for staff

February 12th, 2019

 

From Maduabuchi Nmeribeh, Kano

The Managing Director and Chief Executive Officer of Kano Electricity Distribution Company (KEDCO), Dr Jamilu Isyaku Gwamna, on Tuesday said the company has plans for alternative pay system to reward staff performance and boost efficiency.

 Gwamna stated this in Kano while addressing journalists on the company’s policy to encourage staff welfare in Kano, Katsina and Jigawa states.

According to him, the company was working towards shifting from a salary-based company to an incentive-based system to reward the performance of staff who have taken it upon themselves to ensuring the fulfilment of the targets of the company.

He added that, “if the company has set a target, it is only fair to put in place a system to reward those who are committed to their jobs to improving the revenue of the company and ensuring good customer relations.”

He noted that for staff who have given the company extra efforts in the discharge of their duties, there ought to be given due recognition that would make them benefit from the partnership of enhancing the growth of the company.

“The best and proven way to boost productivity and performance in any organization is to initiate alternative pay method. This approach takes into cognizance the welfare of staff as a tool to rewarding performance while boosting productivity.

“We have a target for the year 2019 and if staff have keyed into that target, it will only be fair to put in place a compensation plan in form of incentives for individuals or groups. When you move into a new way of structuring an organization or delivery of your product, a new way of pay for performance must support that effort,” he said.

The KEDCO boss said the measure was to encourage the company’s employees to do their best and be productive adding that such would improve efficiency in service delivery to customers and foster a good tripartite relationship of management, staff and customers.

He called on KEDCO staff to put in more effort towards the realization of the company’s target, assuring that the management was already working to ensure that individual or team efforts are recognized and compensated accordingly.

 

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