Influence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria

dc.contributor.authorADEYEMI, Sunday Moses
dc.date.accessioned2024-05-20T10:51:56Z
dc.date.available2024-05-20T10:51:56Z
dc.date.issued2022-12
dc.description.abstractEmployee’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
dc.identifier.citationKate Turabian
dc.identifier.issnPhD
dc.identifier.urihttps://repository.lcu.edu.ng/handle/123456789/140
dc.language.isoen
dc.publisherLead City University
dc.relation.ispartofseriesPh.D
dc.titleInfluence of Training and Development on Employees Retention in Deposit Money Banks, Kwara State, Nigeria
dc.typeThesis

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