Manpower Recruitment Strategies and Organizational Performance of Deposit Money Banks in Rivers State

Abstract

The most valuable resource for every organization is human capital, which the process involves recruitment. This study examined the impact of manpower recruitment strategies and organizational performance of deposit money banks in Rivers State. Internal recruitment was used as the dimension of manpower recruitment strategies, while profitability, productivity and innovation were reviewed as measures of organizational performance. The study employed the descriptive research design and the random sampling technique was adopted to sample out one hundred and ten (110) middle and top management staff of the twenty-two (22) deposit money banks in Rivers State. Data were derived from the study using a structured questionnaire. Data gathered was collated, coded and analyzed using frequency table, mean and standard deviation while linear regression was used to test the hypotheses via Statistical Package for Social Science (SPSS). Findings revealed that internal recruitment significantly influence profitability of deposit money banks in Rivers State (P = 0.000< 0.05). This study concluded that manpower recruitment strategies is statistically correlated with organization performance. Amongst others, the study recommended that Issues of favouritism should be avoided while selecting applicants and all applicants should be treated fairly and equitably.

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