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Impact of Investment in Hrm

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Submitted By shajib100
Words 5968
Pages 24
Impact of Investment in Human Resource Training and Development on
Employee Effectiveness in Nigerian Banks
Khadijat Adenola Yahaya (Mrs. )
Department of Accounting and Finance, University of Ilorin

Abstract
The success of any organization depends on the ability of its human resource to utilize other resources such as capital, equipment and land for the achievement of organizational objectives. Human resource thus requires the necess ary attention in order t o achieve corporate objectives. This paper investigates the impact of investment in h uman resource training and development on employees' e ffectiveness in N igerian banks. Descriptive survey research was adopted for the study. A quantitative measure published by the Institute of Intellectual Capital Research and approved by the Saratoga
Institute database was used (o assess human resource effectiveness in three randomly s elected banks. Also, an instrument titled Assessment of Trai ning and Development
Activities Scale (ATDAS) was administered to one hundred and twenty -five randomly selected employees of the selected banks in Ilorin metropolis, Kwara State, Nigeria.
Relevant data was obtained from the three selected banks ' audited f inancial accounts for a period of five years (2001 -2005). The collected data was analyzed using descriptive a nd inferential statistics. The results showed that Zenith Bank had the best Human
R esource M anagement and A ccounting practice p erformed best . T he study also i dentified the main training and development activities in the three selected banks as orientation and on the job training, skills improvement training, utilization of the newly a cquired skills, regular training and acquisition of job exper iences in all areas of banking. It was also found that respondents were significantly different in the assessment of training and development

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