The impact of privatization on employees (particular case in B.G.I Ethiopia Pvt. Ltd. Co)

Abstract

A cross-sectional employees based study was conducted in B.G.!. Ethiopia Pvt. Ltd. Co. head office in Addis Abeba to investigate the effect of privatization on employees of the company. This employee-based survey includes 30 among the total number of 295 employees currently working in the company. A close-ended questionnaire consisting of different questions as well as some open-ended questions was included in the questionnaire. The study found that, 28(93%) respondents in the sample taken provided with salary increment after privatization and among those who have got salary increment 13 (46%) accepted negatively that it is not in consideration to years of service, work load, risk level and other factors and the rest 8(29%) very good and 7(25%) partially good. 12(40%) responded for small number of employees currently and 6(20%) for great shortage of employees. The overall attitude of employees for privatization policy shows 9(30% )-good, 12(40%)- partially good and 9(30% )-bad. It has concluded that the company may enhance employees satisfaction and motivation level in making decisions which will critically consider employees rights and benefits