EXTERNAL RECRUITMENT STRATEGIES ON ORGANIZATIONAL PERFORMANCE OF DEPOSIT MONEY BANKS IN RIVERS STATE

Abstract

This study was to determine the impact of external recruitment strategies on organizational performance of deposit money banks in Rivers State. Recruitment is an important activity and one of the human resource management functions; it positively influences the organizational performance particularly in realizing its eventual and ultimate goals and targets. The study anchored on the Attraction-Selection-Attrition (ASA) Theory, and Vroom ‘s Expectancy theory. Dimensions including internal recruitment, external recruitment and selection were reviewed under manpower recruitment strategies, while profitability, productivity and innovation were reviewed under 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) banks in Port Harcourt, Rivers State. Data was derived for 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. Findings revealed that external recruitment does significantly influence productivity of deposit money banks in Rivers State (P = 0.000 < 0.05) The study recommended that human resource department should appraise employees to help them give off their best and help improve performance of employees; this will always keep employees on their toes to give off their best.