HUMAN RESOURCE AUDIT AND ORGANIZATIONAL EFFICIENCY OF LISTED BANKS IN NIGERIA
Abstract
The study is a cross-sectional survey research on the influence of human resource audit on organizational efficiency of banks listed on the Nigeria Exchange Group. The population of the study comprised the eight (8) Deposit Money Banks in Nigeria licence with international authorization. The study adopted multi stage sampling method. Random sampling technique was used to select 4 Deposit Money Banks which included Zenith bank Plc, Access Bank Plc, Guaranty trust Bank, and Fidelity Bank Plc while purposive sampling technique was used to select ten (10) top management personnel from each selected bank making total respondents for the study equals 40. Data collected were analyzed using linear regression statistical method. The study concluded that human resource audit has significant impact on human resource commitment to achieving maximum output. This implies HR audit is a tool for increasing employees’ commitment to achieving maximum output. HR audit could also mean a strategic measure to addressing employee’s poor commitment to achieving maximum output. The study also concluded that human resource audit has significant impact on organizational productivity. By implication, HR audit is an effective tool for increasing productivity. HR audit is a useful tool for identifying human resource’s deviation from organizational productivity objective. HR audit is very essential in monitoring or checking organizational productivity. The study recommended periodic conduct of HR audit in an organization to enhance human resource commitment to achieving maximum output.
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Published in AFRICAN JOURNAL OF MANAGEMENT, BUSINESS ADMINISTRATION & ENTREPRENEURSHIP
ISSN: 2805 - 4237
This article appears in our peer-reviewed academic journal
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