Online Analytical Tool and Human Resource Practices

Abstract

Good and perpetual jobs are being victimized through corporate cost-cutting moves by deposit money banks at the outlay of its employees or workers. Many workers in the bank today are been sourced, contracted and hired under the canopy of legal definitions, terms and conditions from the outsourcing firms. Thus, paying attention to the management of human resources in the organization has been trivialized. This act militates against the growth and development of human resource processes and practices in the organization. Furthermore, employees under permanent employment are continuously losing their jobs and are being either re-employed as or replaced by casual or contract workers. Casual work which is supposed to be a form of temporary employment has assumed the status of permanent employment in many deposit money banks in Nigeria without the statutory benefits associated with permanent employment status. They are subjected to lower compensation, poor career advancement and poor performance as they are less treated by MIS analysts and practitioners.