Human resource management practice and the efficiency of Listed deposit Money Banks in Nigeria.

The study examined the effect of human resource management practice on the efficiency of listed deposit money banks in Nigeria. Human resource management practice was proxy by staff recruitment and training (RT), staff remuneration (SR), health care and safety (HCS) while organizational efficiency is measure by return on asset. Using an ex-post facto research design, the requisite data for analysis was obtained from the annual reports of ten (10) deposit money banks listed on the Nigerian Exchange Group (NGX) from 2012 to 2021. Descriptive analysis, correlation and regression analysis were used for data analysis. The study found that recruitment, training of staff and provision of health and safety of staff significantly affect the efficiency of Nigerian listed deposit money banks positively while staff remuneration exert significant negative effect on the efficiency of Nigerian listed deposit money banks. The study therefore, conclude that human resource management practices affect the efficiency of Nigerian listed deposit money banks and consequently, recommends that the management of Nigerian listed deposit money banks should ensure that employees are well trained to acquire the needed skills and knowledge for the discharge of their responsibilities to enhance organizational efficiency. Again, the management should ensure that the employees’ health and safety is of utmost priority as it positively influences organizational efficiency.