Evaluation of the Effectiveness of Labor Policies in Reducing Income Inequality within Private Sector in Nigeria
Sr No:
Page No:
13-24
Language:
English
Authors:
Okeke Anthonia Nkechi, Ibrahim Musa*
Received:
2025-04-17
Accepted:
2025-05-25
Published Date:
2025-05-05
Abstract:
This study evaluates the Effectiveness of Labor Policies in Reducing
Income Inequality within Private Sector in Nigeria using a mixed-methods research
design, combining quantitative and qualitative approaches to comprehensively assess
the effectiveness of labour policies in reducing income inequality within private sector
organizations. Findings from the study reveal that the responses on the effectiveness
of the role of labour policies in addressing income inequality. Specifically, structured
surveys were administered to a sample of 300 employees and management staff to
capture perceptions and experiences related to labour policy implementation and its
socio-economic outcomes. Additionally, in-depth interviews with key organizational
stakeholders and focus group discussions provided contextually rich insights into the
practical challenges and opportunities associated with fostering equitable labour
practices in the private sector. According to 180 responses regarding the perceived
efficacy of labor policies, 50% of respondents think they are "Very Effective." The
policies under study, such as labor laws, corporate social responsibility frameworks,
and investment controls, were deemed highly effective by half of the respondents. As a
result, the study suggests a number of best practices for improving labor policies,
such as consistent training and awareness campaigns (70% support) and more
stringent enforcement of current legislation (65% favor).
Keywords:
Labour Policies, Income Inequality and Private Sector.