{"title":"A STUDY OF HUMAN RESOURCE MANAGEMENT POLICIES AND PRACTICES AND EMPLOYEE COMMITMENT: EVIDENCE FROM NIGERIAN SMALL AND MEDIUM ENTERPRISES (SMES)","authors":"B. Oginni","doi":"10.26458/23214","DOIUrl":"https://doi.org/10.26458/23214","url":null,"abstract":"The study investigated HRM policies and practices on employee commitment to determine their relationship and effects on employee commitment using the SMEs in the South-West, Nigeria as the unit of analysis. The study identified recruitment and selection, training and development, compensation and reward systems, performance appraisal, working conditions, and employee participation as the prevailing HRM policies and practices in the SMEs and singled out compensation and reward systems, working conditions, and employee participation. A multi-sampling technique and survey research method was adopted while copies of questionnaires were administered to 369 respondents. It was found that there exists a positive relationship between HRM policies and practices and employee commitment while compensation and reward systems, working conditions, and employee participation in decision-making have more effects than other variables and R2 of 76% can also explain the variation on employee commitment. It was concluded that among all the activities embarked upon by the SMEs, in South-West, Nigeria towards the attainment of business objectives, HRM policies, and practices have a more significant effect on employee commitment most especially compensation and reward systems, working conditions, and employee participation. Thus, recommended that reward systems should be made competitive through environmental surveys and objectivity should prevail in the practice of the HRM policies.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"108 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122540491","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"MODELLING THE ECONOMIC INFLUENCE OF TRANSPORT SYSTEM ON TOURISM PERFORMANCE. THE EXPERIENCE FROM LAGOS STATE, NIGERIA","authors":"U. Salisu, Samuel G. Odewumi, F. Abdul-Azeez","doi":"10.26458/23210","DOIUrl":"https://doi.org/10.26458/23210","url":null,"abstract":"Globally, travel and tourism opportunities are highly sought-after by most nations, but very few developing nations, including Nigeria, play good supporting roles to benefit from the profitable and lucrative industry. The reasons for this are not unconnected to the poor investment in tourism infrastructure, especially transport, to support tourism activities and sustain tourism performance. It is against this background that this study modeled the economic influence of the transport system on tourism performance using Nigeria’s Lagos State experience. This study is anchored on an ex-post facto research design and relies on quantitative data from the relevant ministries of the Lagos State Government. Both descriptive (charts and graphs) and inferential (multiple linear regression analysis) statistics were methods of data analysis. Major findings revealed that only the annual revenue from transport system services out of the nine (9) evaluated performance indicators showed internal consistency and a positively increasing growth pattern. Furthermore, research found that the level of transport investment has a statistically significant relationship with the performance of the tourism industry (. Meanwhile, findings also revealed that there is a statistically significant relationship between the transport system’s revenue and tourism performance (. Given these, this study affirmed that the tourism performance greatly depends on the transport system’sinvestment and revenue and concluded that the fluctuating and poor tourism performance in Lagos State, Nigeria, is a function of the transport system's economic influence. Thus, this study recommends, among others, consistent investment and improvement in the transport system, most especially the infrastructure that will support tourism activities and increase tourism revenue.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139342524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Samuel Sixpence, Julius Tapera, W. Ukpere, F. Adekanmbi
{"title":"Resetting the Human Resource strategy for organizational performance in Zimbabwe Urban Councils","authors":"Samuel Sixpence, Julius Tapera, W. Ukpere, F. Adekanmbi","doi":"10.26458/23215","DOIUrl":"https://doi.org/10.26458/23215","url":null,"abstract":"While literature is awash with evidence that links strategic human resource management to organizational performance, little is known on sustaining the relationship dynamics within a public sector context that is operating under polarized conditions. This study explores the challenges faced in implementing the human resource strategy within urban councils in Zimbabwe to unearth solutions that are sensitive to a polarized work environment. A case study approach was used to collect data from the 32 urban councils in Zimbabwe, which are classified into four categories namely, cities, municipalities, towns and local boards. Stratified sampling was used to identify nine urban local authorities for data collection and purposive sampling identified the participants for interviews. The point of saturation was reached after interviewing 18 participants and the data was analysed using the atlas.ti. This study revealed, a misalignment of the human resource function and the organizational goals, a serious financial resource crisis and a lack of trust between key stakeholders. The study contributes to the development of human resource competencies that respond to the organizational needs in a polarized environment. Further, it incorporates the adoption of technology in the human resource strategy and the need to foster a culture of supporting soft skills such as teamwork and collaboration from the level of elected officials down to the entire workforce. \u0000 ","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121865143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE IMPACT OF EMPLOYER BRANDING ON ORGANIZATIONAL PERFORMANCE: A COMPREHENSIVE ANALYSIS","authors":"Elena Gurgu, Valentin Kuleto","doi":"10.26458/23216","DOIUrl":"https://doi.org/10.26458/23216","url":null,"abstract":"This article investigates the relationship between employer branding and organisational performance, identifying the underlying mechanisms contributing to enhanced performance. Next, we analyse various aspects of employer branding, including its influence on talent attraction, employee engagement, retention, and overall productivity. Finally, we provide insights on how organisations can strengthen their employer brand to optimise performance. \u0000In the competitive labour market, employer branding plays a crucial role in an organisation's ability to attract and retain top talent, directly influencing organisational performance. This article examines the relationship between employer branding and organisational performance by exploring its effects on talent attraction, employee engagement, retention, and overall productivity. It also offers insights on strengthening an organisation's employer brand to optimise performance. \u0000Employer branding, an organisation's reputation as an employer, can provide a competitive advantage by creating a motivated, engaged, and productive workforce. A strong employer brand attracts high-quality candidates, reducing recruitment time and cost and ensuring a diverse and talented candidate pool. Organisational culture, work environment, compensation and benefits, growth opportunities, and corporate social responsibility contribute to developing a strong employer brand. Effective employer brand communication across multiple channels, such as corporate websites, social media, and job advertisements, is essential to attract top talent. Employer branding events and employee advocacy can further strengthen the brand. Assessing the employer brand's strength can help organisations identify areas of improvement and gauge their attractiveness in the job market. \u0000Employee engagement and satisfaction are closely linked to an organisation's employer brand. Factors such as leadership, job design, recognition and rewards, work environment, and opportunities for growth and development contribute to employee engagement and satisfaction. Assessing employee engagement and satisfaction can provide valuable insights into their perceptions of the organisation and commitment to its goals. Engaged and satisfied employees exhibit higher performance, productivity, and innovation levels, leading to improved organisational outcomes.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120989641","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Palesa Edith Phasumane, D. Onojaefe, Phelokazi Stuma, W. Ukpere, F. Adekanmbi
{"title":"Community perceptions of tourism development in rural area of Tsatsane Lesotho","authors":"Palesa Edith Phasumane, D. Onojaefe, Phelokazi Stuma, W. Ukpere, F. Adekanmbi","doi":"10.26458/23211","DOIUrl":"https://doi.org/10.26458/23211","url":null,"abstract":"This paper investigated community perceptions of tourism development and identified the relationship between tourism development projects and business opportunities in Tsatsane community, Lesotho. This investigation was done using a qualitative research method to understand the relationship between respondents’ perceptions of tourism development projects and associated business opportunities. Using purposive random sampling techniques, 30 respondents comprising of 19 community members, 2 community leaders, and 9 stakeholders were chosen and interrogated. After the choice, qualitative data were gathered using an open-ended semi-structured interview guide. Thematic analysis was used to organize the themes that emerged from the responses after they were transcribed. Using Atlas Ti.8, similar themes were gathered and transferred. The study found a significant relationship between tourism development projects and recurrent themes like new knowledge of tourism-related business opportunities, job creation, increase in trade, and education. Although few respondents have different opinions \u0000 ","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131527843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Samuel Sixpence, Paul Mukucha, Leonard Muzanenhamo, W. Ukpere, F. Adekanmbi
{"title":"Consumer dining duration and spending: The role of emotional labour practice in the restaurant industry","authors":"Samuel Sixpence, Paul Mukucha, Leonard Muzanenhamo, W. Ukpere, F. Adekanmbi","doi":"10.26458/23212","DOIUrl":"https://doi.org/10.26458/23212","url":null,"abstract":"This paper centres on examining the link between emotional labour and dinning duration within the restaurant industry. In this study emotional labour practice was modelled as one of the crucial predictors of dining duration. This study adopted a multiple case study using a cross sectional design approach. The target population was 480 dyads encounters in 6 of the most popular fast food restaurant chains in Harare. Some 214 seat-in customers were the unit of analysis while wait staff were the unit of observation. In terms of responses, 200 responses were attained and were deemed sufficient for meaningful Structural Equation Modelling. The quantitative approach employed a self-completed structured questionnaire in collecting data. A structural equation modelling was run to test the direct effects, a multi-group structural equation modelling was run to test the moderating effects of categorical variables, and a moderated multiple regression was run to test the moderation effects of the latent variables. The study revealed various factors that influence the connection between emotional labour and dinning duration such as the gender factor of the people involved, the rate and strength of the interaction between restaurant employees and the clients. The outcome directed that emotional labour is positively associated with consumer dining duration. The consumer dining duration is in turn associated with consumer expenditures within the restaurant. However, all the hypothesised moderators had no statistically significant effect. The study recommended the use of emotional labour as one of the predictors for increased revenue in the restaurant industry through increased consumer spending as mediated by the dining duration under the scenario of excess capacity and limited demand. \u0000 ","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114484775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FROM TRADITIONAL TO MODERN FORMS OF CRISES – A BRIEF ANALYSIS OF HUMAN CRISES","authors":"Elitsa Stoyanova Petrova","doi":"10.26458/2329","DOIUrl":"https://doi.org/10.26458/2329","url":null,"abstract":"This article presents the variety of types of crises in human society. The reader is briefly introduced to the essence and content of the concept of crisis, as well as the concept of the human security, which emphasizes that in addition to traditional security threats, the world nowadays faces a number of modern forms of global threats. The crises caused by military conflicts; crimes against humanity; usage of weapons of mass destruction; terrorism and organized crime; natural crises and environmental degradation; economic crises and poverty; social crises; health and infectious disease crises; crises caused by globalization and by a change in the value system and morality of people; political and governance crises are presented in more detail in order to fully achieve the informative goal of the article.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121754298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"PERCEIVED EMPLOYEE FINANCIAL WELL-BEING IN THE BANKING INDUSTRY IN THE 4IR PERIOD: ASSESSING PREDICTORS’ IMPACTS","authors":"F. Adekanmbi, W. Ukpere","doi":"10.26458/23213","DOIUrl":"https://doi.org/10.26458/23213","url":null,"abstract":"This paper evaluates the influences of financial behavior, work engagement, and work engagement on financial well-being within Nigeria’s Banking Industry. Its sample was taken from four (4) banks in the Nigerian states of Lagos and Oyo. They include First Bank of Nigeria, First City Monument Bank Plc, United Bank for Africa Plc, and Zenith Bank Plc. The present researcher dispersed the questionnaires at random for this cross-sectional survey. Nevertheless, 382 of the 400 questionnaires sent met the criteria for investigation and were examined using SPSS version 28. The present investigation conducted standard multiple regression and zero-order correlation analyses to test the stated hypotheses and conclude that positive financial behaviors and employee work engagement considerably increase financial well-being. In Nigeria's banking industry, financial stress, on the other hand, worsens financial well-being in the 4IR period. It further establishes a link between financial behavior and financial stress and a good correlation between financial behavior and work engagement. Furthermore, the study discovered a negative association between financial stress and work involvement in Nigeria's banking industry during the 4IR period. It also confirms that work engagement, financial stress, and financial behaviors substantially determine financial well-being. Consequently, this paper advocates banks helping employees become more financially literate and responsible by offering financial education to their staff. Also, employers must take action to reduce financial stress among employees. Resources and assistance can help reduce financial stress and enhance employee well-being in the present 4IR period. Moreover, banks may use tactics including offering chances for employee growth, encouraging work-life balance, and cultivating a positive work environment to boost engagement in the banking industry. \u0000 ","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133371324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"GROSS PREMIUM INCOME AND CLAIMS SETTLEMENT FOR FIRE INSURANCE POLICY IN NIGERIA: A PANEL APPROACH","authors":"Leke Ebenezer Akindipe, O. Isimoya","doi":"10.26458/22312","DOIUrl":"https://doi.org/10.26458/22312","url":null,"abstract":"ABSTRACTClaims, being the heartbeat of the workability of insurance, are the most critical contact influencer between the insuring public and the insurer. It serves as a critical path to truth that shapes the policyholders’ ultimate perceptions of their insurers. This study evaluated the relationship between gross premium income and claims settlement with specific focus on fire insurance business in the Nigerian insurance industry from 2010 to 2021. Data on gross premiums income and gross claims paid over the period were extracted from Nigerian Insurers Association (NIA) annual reports and digest. Stationarity test carried out on the data revealed that data is stationary at the 1%, 5% and 10% levels of significance. Using the ordinary least squares regression, the calculated probability value of 0.0000 is lower than the 0.05 significant value, which shows that there is a significant significance of the data. The computed linear co-efficient of determination (R2= 0.928731) shows that 92.87% of the total return on asset is accounted for by the independent variables which are expense ratio and net claims. It was therefore concluded that there is a significant relationship between gross premium income and gross claims payment of fire insurance in careful consideration must be given to other administrative costs, such as underwriting, which have the potential to reduce the Revenues and profits of the company","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116031423","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EFFECTS OF GLOBALISATION ON EMPLOYMENT RELATIONS WITHIN THE FILM INDUSTRY IN SOUTH AFRICA","authors":"Zanele L. Mpabanga, W. Ukpere","doi":"10.26458/2238","DOIUrl":"https://doi.org/10.26458/2238","url":null,"abstract":"Globalisation has been perceived as the integration and spread of information, processes and technology across organisations and nations. It has accelerated transformation and change in organisations, with the effect of strengthening or, as the case may be, weakening employment relations within organisations. Globalisation has been characterised by a rise in the use of casual employees, decentralisation and continuous advancement in technology, which ultimately affects employment relations. Therefore, this paper sets to explore the effects of globalisation on employment relations in South Africa’s film industry. The current investigation adopted a qualitative research approach, which was carried out in an organisation within the film industry in the city of Johannesburg, South Africa. Purposive sampling was used to collect data from ten employees at various levels in the organisation. Data was obtained by means of semi-structured face-to-face interviews with the research participants. The findings revealed that the effects of globalisation are twofold, as it has both positive and negative effects on organisations. From a positive perspective, it was found that globalisation has helped to promote inclusive workplaces, effectively manage tensions and conflict in the workplace, and improve communication between parties in the employment relationship. Furthermore, it was discovered that interactions between management and employees have increased since globalisation. Conversely, the current findings uncovered that there are increasing tensions in the employment relationship. There is also evidence of less training to workers in the film industry. The findings further revealed that using casual employees in the film industry has increased, and many of them are confronted with several challenges, as they do not get the same benefits that their counterparts in permanent employment receive. Hence, generally, this paper’s outcome could be used in organisations to address some of the negative effects of globalisation in respect of relationships in the workplace, particularly in the film industryg.","PeriodicalId":114591,"journal":{"name":"Annals of Spiru Haret University. Economic Series","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126556087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}