Browsing by Author "Solomon Nigus"
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Item The Effect of Selected Strategic Human Resource Management Practices on The Organizational Performance: A case study of Zemen Bank S.C.(Addis Ababa University, 2024-10) Solomon Nigus; Seifu Mamo(PhD)The main objective of this research was to determine the effect of selected strategic human resource management practices applied by Zemen Bank S.C. on compensation, recruitment and selection, training and development, and performance appraisal. To conduct the study both qualitative and quantitative methodologies were used. To gather the essential data for the study, 250 respondents completed and assessed questionnaires. The statistical software used for the analysis was SPSS. Descriptive statistics were computed to describe the characteristics of the variables in the study, while correlation and multiple regression analysis were done by using the Pearson correlation coefficient to establish the type of relationship that exists between the independent variables and the dependent variable. ANOVA was used to determine if the variation in the independent variables explained the observed variance in the outcome. The primary findings of this study revealed that SHRM practices have significant effects on Zemen Bank's overall organizational performance. To improve its SHRM practices and performance, it needs to prioritize compensation, performance appraisal, training and development, recruitment, and selection. As a result, Zemen Bank should develop good recruitment strategies, compensate based on their performance, and train employees regularly to improve the bank's overall performance. The study was limited to a Zemen Bank S.C. case study; therefore, future researchers should conduct studies in different service industries using various factors to see if the same results would be obtained. Key words: Compensation, Recruitment and Selection, Training and Development, performance Appraisal, Organizational Performance,