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- W2983228105 abstract "The paper examined from the perspective of human resources management practitioners the survival strategies adopted to cope with the challenges of human resources management practices in the Nigerian business environment. Challenges such as funds, high unemployment, inflation, godfatherism, economic recession and ownership beliefs as well as labour mobility were identified while survival strategies include outsourcing, reduction of Training and Development (T&D) cost and frequency, seldom promotion, festival motivation (bonus) and human resources planning. It was found that reduction in training and development cost and frequency as a survival strategy in the wake of economic recession was paramount ( = 4.78, σ = 0.231) and outsourcing ( = 5.24, σ = 0.412) was used to augment the lead time in human resources planning ( = 4.62, σ = 0.215) and the degree of practice also varies which was a function of the nature and characteristics of the organisation. It was concluded that the inability of employers of labour in Nigeria to meet internationally acceptable standard in HRMP is contingent on these challenges and this also explains why the strategies adopted do not totally support global HRMP. It was recommended that Training cost can be reduced but frequency should not. Organisation should see training cost as part of overhead cost to be incurred in order to forestall unnecessary accidental cost due to constant mistakes and repeat of processes." @default.
- W2983228105 created "2019-11-22" @default.
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- W2983228105 date "2018-09-22" @default.
- W2983228105 modified "2023-10-12" @default.
- W2983228105 title "Human Resources Management Practices" @default.
- W2983228105 doi "https://doi.org/10.1787/g2224c2b2-en" @default.
- W2983228105 hasPublicationYear "2018" @default.
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