IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 11 NO. 6 2025
DOI: 10.56201/ijebm.vol.11.no6.2025.pg91.101


Effect of Minimum Wage on Employees’ Turnover in the Private Sector Within Ado Local Government

Ogbogu, Folasade O. & Guwel Fidelis G.


Abstract


This project work examined the effect of minimum wage on employees’ turnover in the private sector within Ado Local Government, case study of Morning Star Schools, Ado-Ekiti, Ekiti State. The objectives of the study include to: find out the effect of minimum wage on work effectiveness in Morning Star Schools, to find out the effect of minimum wage on employees’ satisfaction in Morning Star Schools, and to find out the effect of minimum wage on employees’ creativity in Morning Star Schools, Ado-Ekiti, Ekiti State. The research method adopted was the survey research method. The sources of data used was the primary source of data. The population of the study was 50 while the sample size of 45 was determined by applying the rule governing population and sampling. The major instrument of data collection was the questionnaire. The data collected were presented in tables using frequencies and percentages and analysed using the five-point likert system. The hypotheses were tested using the chi-square distribution formula. The findings included that minimum wages have significant effect on work effectiveness of workers of Morning Star Schools, minimum wage has significant effect on employees’ satisfaction of workers of Morning Star Schools and minimum wage has significant effect on employees’ creativity of workers of Morning Star Schools, Ado-Ekiti. The researcher concluded that minimum wage has a positive effect on employees ’turnover and it was recommended that there is need for management create harmonious and enable work environment that would boost collective responsibility and effective teamwork between senior and junior staff where the knowledge and ideas can be taped and shared freely at least or no cost.


keywords:

Minimum Wage, Employees’ Turnover, Salary, Employees’ Satisfaction, Private


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