Browsing by Author "Bedada Tesfaye"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    The Role of Human Resource Management Practices on the Performance of Microfinance Institutions: A Case Study of PEACE Microfinance S.C
    (A.A.U., 2023-06-02) Bedada Tesfaye; Hailemariam Gebremichael (PhD)
    The aim of this paper was to examine the role of human resource management practices on the performance of Microfinance Institutions the case study of PEACE Microfinance S.C. Relevant literature s were reviewed on the subject area and conceptual framework was developed. Explanatory research design was applied and questionnaires were prepared to gather primary data from target respondents. The total population at the time of this research plan was 73 selected judgmentally and all of them were employed using census sampling method. Out of which 72 (98.63%) were collected. The model summary indicated the presence of a significant positive correlation (R=.813) between the independent variables (human resource planning, recruitment & selection, training & development, reward management and compensation, performance appraisal and employee relation) and the dependent variable – organizational performance. Further, the R-squared value of 0.661 indicated that the independent variables accounted for 66.1% of the total variance in organizational performance (dependent variable). In general, the findings of this study revealed that Human Resources Management Practices has a positive effect on Organizational performance. Thus it is recommended that mangers of the company have to give more attention in their managerial function to successful implementation of HRM practices to improve organizational performance.