IJEFSD
Vol. 6 No. 4 (2024): International Journal on Economics, Finance and Sustainable Development (IJEFSD

Human Resources Management Practice and Firm Performance in the Nigerian Oil and Gas Industries

Ekwutosi, Ozims (Unknown)
Chukwubuike, Alugbuo Cosmas (Unknown)



Article Info

Publish Date
30 Nov 2024

Abstract

The study explores the relationship between human resource management (HRM) practices and firm performance in the Nigerian oil and gas industry, addressing a critical gap in understanding how staff orientation impacts organizational outcomes. Despite extensive research on HRM, limited attention has been given to its influence on employee retention, customer retention, and productivity in this sector. Using a survey of 714 HR professionals and managers, the research identifies significant correlations between effective staff orientation and enhanced employee retention, which subsequently improves customer retention and productivity. These findings underscore the importance of comprehensive orientation programs, employee-focused strategies, and continuous HRM evaluation to boost firm performance. The study provides valuable insights for practitioners and policymakers, emphasizing the need for customer-centric cultures and robust HRM practices to drive organizational success.

Copyrights © 2024






Journal Info

Abbrev

IJEFSD

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal on Economics, Finance and Sustainable Development (IJEFSD) is an international, peer-reviewed, and scholarly journal aimed at being a platform for interdisciplinary researchers across the globe to develop and advance both theory and practice of economics and finance while ...