Impact of performance appraisal on employee productivity: Evidence from selected banks

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dc.contributor.authorAkindele, Iyiola Tomilayo
dc.contributor.authorOlatoye, Oludare Adeolu
dc.contributor.authorOyekanmi, Taiwo Taoheed
dc.date.accessioned2024-05-02T10:46:17Z
dc.date.available2024-05-02T10:46:17Z
dc.date.issued2020-05-01
dc.description.abstractMany organisations experience low productivity despite their acclaimed effective performance appraisal system. In Nigeria, many organisations, espccially banks are experiencing low productivity and performance due to ineffective appraisal system. This study, therefore, seeks to investigate the impact of performance appraisal strategy on employee performance with specific reference to selected Nigerian banks. Five banks were selected through purposive method. Judgmental sampling technique was also used to select Head of Operation, Accountant, Auditor, and Branch Manager from 5 branches of the selected banks in Ibadan metropolis, Oyo State, Nigeria. One hundred respondents served as sample size for the study. The data collection instrument for the study was structured questionnaire to elicit information. Simple percentage and Ordinary Least Square (OLS) were adopted for data analysis. Findings show that the overall assessment of performance appraisal in Nigerian banks has a significant impact on employee performance and also reveals that most Nigerian banks makes use of the ranking method to assess their staff. Consequently, the study recommends that bank authorities should not appraise the performance of employees based on the deposit target, but on their accomplished duties.
dc.description.sponsorshipSelf Sponsored
dc.identifier.citationAkindele, I.T., Olatoye, A.O.& Oyekanmi, T.T. (2020): Impact of performance appraisal on employee productivity: Evidence from selected banks. Journal of Management and Social Sciences. 9 (1); 770-783, Published by College of Management & Social Sciences, Fountain University Osogbo, Nigeria
dc.identifier.issn2315-6325
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/123456789/13178
dc.language.isoen
dc.publisherCollege of Management & Social Sciences, Fountain University Osogbo, Nigeria
dc.subjectPerformance
dc.subjectappraisal
dc.subjectemployee
dc.subjectranking
dc.subjectMBO
dc.subjectNigerian banks
dc.titleImpact of performance appraisal on employee productivity: Evidence from selected banks
dc.typeArticle

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