THE ROLE OF PERSONNEL MANAGEMENT IN NIGERIA BANKING INDUSTRY [A CASE STUDY OF UNITED BANK FOR AFRICA PLC]
ABSTRACT
CHAPTER 1
1.1 INTRODUCTION
As the world population continues to inches leading to technology advancing everyday, there arise stiff competition among business enterprises. In order for companies to cope, there has to be diversification of business. This activity bring about employment opportunities.
Thus, more people are now engaged in paid jobs, in order to cope with this increase in number of personnel in every establishment personnel department are established. This department has got many functions but the primary owners are recruiting and seeing to the general welfare of the employees. In the Nigeria economy, personnel management is considered indispensable given that the future prospect of every individual employee is in the hands of the management.
This project work is specifically chosen to highlight the role that the personnel management plays in a banking industry and hence demonstrate how important it is. The concept understudy seeks to set out some simple basic fact aimed at helping the reader understand and familiar as himself/herself with the activities of personnel department of united bank of African.
According to “Bensis Linkort 1955†personnel management is all the activities of any enterprises initiated and determine by the person who make up that institution, plants, offices, computer equipment and all that are modern turn†all other department depend on how well it is performed.
Through this project, it is expected that awareness would be created in any banking concern particularly united bank for Africa. On how to make use of the personnel management or potential more effectively and efficiently and how to work out procedure for performing the organization’s operation smoothly. Employees constitute the largest components in the banking concern. In this wise, the personnel management department is responsible for either the success of failure of such organization.
As this work progress, the multi-dimensional responsibility of this important department will be higlighted.
1.2 AIMS AND OBJECTIVES OF THE STUDY
This project workk is aimed at presenting integrated practice of personnel management in the banking industry particular united bank for Africa.
There aims of the research study are stated as follows to studies.
i. The significant of personnel management in banking industries as a pivot of its department and all other department that involve administration.
ii. How the personnel management co-ordinates that acivities and other functions of its department as regards work force of bank industry.
iii. More so, to evaluate to the poor, the problems of in efficiency and in effectiveness of the work force as it affects the banking industry. Be side the work will make suggestions and recommendation which may be help in solving some of the problems.
1.3 SIGNIFICANCE OF THE STUDY
The intention of this project researcher is to make the project useful for future purpose in knowing the roles of personnel management in banking industry.
The project works also enable the banking industry to realize the important and the impact of personnel managements on the corporate mission (objectives of banking industry).
Beside, this study will reveal to the personnel manager on how to manage human resources to meet the organization objectives.
The research also enables the employment to know his right and duties as well as his entitlement in an organization as regards to his working condition.
The students will also be benefited from the proposed study when it comes to the study of personnel management in banking industry and also for further study.
The research is also important to the government because it enbles them to realized the effectives management of human resources which contributed immensely to the growth of a country by adding to its national income.
1.4 SCOPE OF STUDY
The research work will focus on the personnel management of united bank for Africa.
The area will be covered in this research work is to obtain the basic facts about the roles of personnel management in banking industry of the year 2002. That is from the 1st January to 31st December 2002. This research work will also focus on comparision the attitude of personnel in united bank for Africa other business organization.
1.5 LIMITATION OF THE STUDY
The researcher will limit if scope on the followings manpower planning and fore casting, recruitment and placement, induction and training and staffwelfares and tiring benefit and health due time factgor finacial constraints, time taking in distributing the questionnaire, lack of truthfulness by the despondence in answering questionnaire and in availability of data from the case study coupled with much.
1.6 ORGANIZATION AND PLANNING OF THE STUDY
The research work is organized into five chapters.
Chapter one: comprises introduction, aims and objectives of the study, significance of the study, and scope of the study, limitation of the study and organization plan of the study.
Chapter two: this comprises of literature review.
Chapter three: comprises research methodology mode of data colletion, data presentation, data questionnaire.
Chapter four: this comprises the historical background of united bank for Africa, manpower planning and forecasting, recruitment and placement, induction and training, job evaluation and promotion. Wages and salary, tinge benefit and health, dismissed and retirement.
Chapte five: comprises of summary, conclusion recommendation and references.
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