Browsing by Author "AJAO MAYOWA GABRIEL"

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    HUMAN RESOURCE MANAGEMENT PRACTICES AND ORGANIZATIONAL PERFORMANCE IN THE AGRO- ALLIED INDUSTRY IN NIGERIA
    (2016) AJAO MAYOWA GABRIEL
    The study identified human resource management practices in use in the agro-allied sector in Nigeria, and determined the extent to which different human resource management practices influence different measures of organizational performance in the agro-allied sector of the country. It also examined the problems encountered in the application of different human resource management practices by firms in the agro-allied sector of the economy. These were with a view to providing information on human resource management practices that enhance organizational performance. The study made use of primary data through the administration of questionnaire. The population for the study consisted of 1,406 permanent staff of the five agro-allied companies (Livestock Plc; Okomu oil palm Plc; Presco Plc; FTN Cocoa Plc and Ellah Lakes Plc) quoted on the Nigerian Stock Exchange. A sample size of 311 staff was selected using the Serakan (1992) formula for sample size determination. Based on proportional representation of number of staff in each company, the sample size was allocated to the five companies. Data collected were analyzed using mean, z-test and t-test. The study results showed that training and development (̅X = 4.61, Z=33.49); performance appraisal ( X̅ = 4.56, Z = 31.29); recruitment and selection ( X̅ = 2.85, Z = -1.74); and compensation and reward management (̅X = 2.43, Z = -9.42) were the human resource management practices in use by firms in the agro-allied sector. The results further showed that there is statistically significant positive relationship between human resource management practices and different measures of organizational performance such as: effectiveness (t = 7.99, p < 0.05); efficiency (t = 13.34, p < 0.05); development (t = 2.89, p < 0.05); and quality (t = 1.53, p < 0.05). Furthermore, the results revealed that lack of competitive and performance based compensation packages by management ( X̅ = 4.23) and low level of organizational commitment by employees ( X̅ = 4.14) were the prominent problems encountered in the application of human resource management practices by firms in the agro-allied sector. The study concluded that human resource management practices directly and significantly influenced organizational performance in the agro-allied industry in Nigeria