Management of Employees’ Cooperative of the State Universities and Colleges in Region
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2024, Vol 7, Issue 01
Abstract
The study assessed the management of employees’ cooperative of the state universities and colleges in Region 1.Specifically, it was directed to determine the 1.) the level of the management of employees cooperatives in SUC’s of Region 1along the a.) cooperative governance and management in terms of organization and registration, membership, administration,responsibilities, rights and privileges, capital property and funds, allocation and distribution of net surplus and b.) cooperativeoperations in terms of voluntary and open membership, democratic member control, member economic participation, autonomyand independence, education, training and information, cooperation among Cooperatives; and concern for the community, 2.level of outputs of the employees' cooperatives of SUC’s in Region I along a.) for the cooperative in terms of generation of moreproductive services, increases of volume of business operations, improvement of facilities and assets and better employee benefitsand b.) for the members in terms of increase in income, patronage refund and interest on share capital, 3. level of impact of thelevel of effectiveness of employees cooperatives of SUC’s in Region I along a.) for the cooperative in terms of internal and externalfactors and b) for the members in terms of improved quality of life, increase in household income, average increase in savingsdeposit, acquisition of properties and assets and improvement/renovation of house.The study made use of the descriptive-correlational method of research. This method made use of questionnairesduly validated by experts to gather the needed data. The frequency count and percentages, weighted mean and simple linearcorrelation analysis were utilized in the treatment and analysis of data. The population of the study was composed of threemanagers, eight employees and 248 members of the employees’ cooperative of the SUC’s in Region 1. On the part of therespondents, the samples were determined using G-Power method (99.74% power and effect size of 0.2). The data on the numberof employees cooperative were obtained from the Cooperative Development Authority, Vigan City Office.Results of the study shows that the level of the management of employee’s cooperatives in SUC’s of Region I arehighly implemented of effectiveness in terms of cooperative governance and operations. The outputs of the employees’cooperatives of SUC’s in Region I had increase of volume of business operation, improvement of facilities and assets, betteremployee benefits, and increase of income on members. As a result, there is an increase on revenue, net surplus, and membership,the quality of life to members were achieved. The level of implementation of the effectiveness of employees in cooperative ofSUC’s in Region I was significantly influenced by the cooperative.From the findings, the following recommendations are hereby offered:. (1). To generate more, it is suggested that thecooperative may consider the expansion and strengthening the linkages to other non-government organization for future attributeon the operations of the cooperative. (2.) Since the level of outputs of the employees has the lowest rating to new variety ofproducts/ services are created, it is suggested that the cooperative may investigate possible opportunities for innovations andcreation of new products and services for the improvement of programs/ projects. (3). A continuous increase of employmentshould be taken into action because more members mean more contribution and jobs for the community. The managementshould always consider that the more persons to cooperate, the better for the cooperative. It is recommended that members ofthe cooperative should also require the general assembly to attend trainings relative to the cooperative development for higherlevel of effectiveness.
Authors and Affiliations
Ma Cecilia Albayalde Lazarte
Keywords
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- EP ID EP729434
- DOI 10.47191/ijmra/v7-i01-38
- Views 54
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