The Effect of Recruitment & Selection of Staff on Economic performance of Banking Industry (A case study of Zenith Bank PLC Nigeria)
Background of the Study
in an organisation is important to be able to have a smooth operation and service delivery. According to Spencer (2004), an individual’s professional development and maturity establishes his/her capacity to be able to perform well and work towards the set company goals. Thus, relevant strategies should be employed to improve employee quality which affects company growth. Furthermore, the program should be able to encompass the needs of the business environment, the company and the personnel in such a way that they will be working towards a single set of company goals and objectives. Through the years, detecting honest employees has become a business necessity. Participation in theft, destruction of property, drug abuse, and other criminal conduct of employees subject the management to great financial costs. It is the reason why today it is necessary for business organisations to recognise job applicants who are likely to commit such criminal behaviors and eventually eliminate them from further employment deliberation. However, issues on civil rights of potential employees should be observed in any procedure used to make honesty and risk predictions of this kind. In this regard, different companies like Banking Industry are trying to consider effective recruitment and selection process.
The staff recruitment is an indispensable important link in the human resources management; it is the first important pass of the human resources management. Much of the personnel selection and assessment research has focused almost exclusively on the psychometric or economic issues of selecting the most qualified applicants (Guion, 1992). However, recruiting and selecting qualified applicants are two interconnected processes in filling job vacancies. According to Herriot (1989), recruitment and selection procedures can...