• Osungbaro, Suru Timothy
• Babalola, Folake Mary

The primary aim of this research was to investigate the relationship between the minimum wage and the well-being of employees in ASCON, Badagry. The study employed a descriptive research design and utilized a structured questionnaire as the primary data collection tool. A Taro Yamane sampling reduction technique was used to arrive at a sample of one hundred and eight eight(188) which forms the study participants. To assess the research hypotheses, two hypotheses were formulated and subjected to testing. The statistical methods applied for hypothesis testing included Regression analysis and Pearson Product Moment Correlation (PPMC) estimation, with a significance level set at 5%. A reliability value of 0.92 was achieved which signaled an internal consistency of the research constricts. Findings revealed that upward review of workers’ salary have significant effect on the employees’ access to healthcare in ASCON. Meanwhile, there was no significant relationship between minimum wage and employee’s financial stability in ASCON. The study recommends that; Policymakers should consider periodically reviewing and adjusting the minimum wage to keep pace with the rising cost of living and healthcare expenses. This can help ensure that low-wage workers have continuous access to healthcare services and maintain their financial stability. In addition to minimum wage increases, employers and government agencies should explore ways to enhance healthcare benefits for employees. This may include providing health insurance coverage and wellness programs. Also, to improve employees' financial stability, organizations and government agencies can implement financial literacy programs to educate workers on effective money management, budgeting, and savings strategies. This can empower employees to make informed financial decisions.

Minimum Wage, Employees Wellbeing, Financial stability, Employees access to healthcare, ASCON.

"Human Resource Management: A mediating role of minimum wage in employees’ wellbeing in ASCON", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 10, page no.f579-f592, October-2023, Available :http://www.jetir.org/papers/JETIR2310470.pdf

"Human Resource Management: A mediating role of minimum wage in employees’ wellbeing in ASCON", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 10, page no. ppf579-f592, October-2023, Available at : http://www.jetir.org/papers/JETIR2310470.pdf