ASSESSMENT OF EMPLOYEE PROMOTION AND COMPENSATION PRACTICES THE CASE OF MOHA SOFT DRINK S.C /GOTERA PLANT ADDIS ABABA ETHIOPIA

Abstract

The purpose of this thesis was to examine employee promotion and compensation practice using MoHA Gotera Branch plant. To meet the objective the researcher adapted descriptive research design by using mixed data interpretation. The study used both primary and secondary sources of data 198 questionnaires were distributed out of which 184 of them were returned. The data has been analyzed by using descriptive statistics, frequency and tables. The analysis result indicates that though there are practices of promotion and compensation in the company, its level of practice is medium which means it is not at the expected level. Having mean score of 2.35 for the promotion and compensation practice, respondents have reservation on the promotion and compensation practice of Moha Soft Drink S.C Gotera branch. Regarding the availability of recognition and appreciation practices the respondents mean score is 2.03 which confirm that the practices of recognition and appreciation in MoHA Gotera branch are at low level. Poor exchange of information, shortages of necessary inputs, lack of modern management system and absence of performance appraisal in the company are rated as challenging factor in the provision of compensation and promotion practices. It is recommended that assessments need to be done to know the employees’ means of promotion and compensation, so as to provide the identified employee promotion and compensation for the company development. The company should clarify why and how the employee would be promoted or compensation would be made to them including its time.