Department of Management & Accounting

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Browsing Department of Management & Accounting by Author "ADEYEMI, Sunday Moses"

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    Influence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria
    (Lead City University, 2022-12) ADEYEMI, Sunday Moses
    The study examines the influence of training and development on employee retention in deposit money banks, Kwara State, Nigeria. Specifically, the study examine the effect of training on performance, also determine the impact of development on employee retention, the effect of motivation on productivity, effects of training and development on employee job satisfaction and measures that can curtail under-performance by the staff of deposit money banks in Kwara State, Nigeria, were all examined by the study. Participants of the study were selected from 595 junior and senior staff of Deposit Money Banks in Kwara State, Nigeria. Pearson Moment Correlation was used to analyse the formulated hypotheses at a 0.05 level of significance. From the research findings, the relationship between training and development and employee performance is very high, positive and significant (r = 0.975, p<0.05). Furthermore, the research found a strong and significant link between training and development and staff retention in Deposit money banks (r = 0.733, p<0.05). Similarly, the result revealed a positive and significant relationship between motivation and productivity among employees of deposit money banks (r = 0.560, p<0.05). Also, the study revealed a positive and significant relationship between training and development and employee job satisfaction (r = 0.416, p<0.05). Finally, the study revealed a high and positive relationship between the indicated measures that curtail measures under-performance by the staff of deposit money banks (r = 0.794, p<0.05). Hence, the study recommends that deposit money banks management give maximum importance to these dimensions, significantly impacting overall development achievement. Keywords: Development, Employee Performance, Employees Retention, Training Word Count: 252
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    Influence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria
    (Lead City University, 2022-12) ADEYEMI, Sunday Moses
    Employee’s productivity is a variable that has been researched over time. Despite this, factors that really influence the above variable have not reached agreement among researchers. In order to clarify some of these concerns, this study was designed to investigate the effect of Performance management on employee’s productivity in Hospitality industry in Lagos State, Nigeria. The population of this study represents all the staff of one hundred and three (103) hotels registered under booking.com as hotels in Lagos state. The Yamane formula used to arrive at 82 hotels for this study and also used purposive sampling considering the availability of the respondents to select some cadre(stratum) having four (4) respondents per hotel. Multistage sample was used to select 328 employees as shown in the research methodology. The research instrument used for data collection was questionnaire. Data was analyzed using descriptive and regression statistics tool. The results show that performance management that is qReward System ((β =.106, t = 2.843, P <.05), (r = 0.685)), Mentorship and Coaching ((β =.593, t = 6.503, P <.05), (r = 0.230)), Performance Feedback ((β =.335, t = -3.68,1 P <.05, , (r = 0.202)), and Performance Appraisal ( β =.710, t = 3.450, P < 05, (r = 0.491) are all have relative influence and significant relationship with employees productivity. Also, there was 28% change in employee’s productivity a result of the joint contribution of reward, Mentorship & coaching, feedback, & appraisal system practicing. It was concluded that performance management practice informs of reward, mentorship & coaching, feedback, & appraisal system practices is very important factor in enhancing the productivity of employees as evidenced by the study. It was recommended that the organization should see and take performance management as the whole process for effective and efficient employees’ productivity. Keywords: Employee Productivity, Mentorship and Coaching, Performance Management, Performance Feedback, Performance Appraisal, Reward System. Word Count: 253