There is an employee productivity problem in money deposits in Nigeria. Employees are less committed to work, constantly fail to meet deadlines and procrastinate. Existing employee problems point to the fact that there is a lingering commitment problem in the workplace. On one side, growing evidence points out that the perception employees have of bank performance appraisal is affecting employees work commitment. Banks are not achieving their desired goals of yearly enhancing productivity from their human and material resources. There are few accepted systems in place to investigate employee perception of performance appraisal systems and this has influenced turnover intentions. The most significant expression of declining productivity in the banks is poor attention to details, wasting time on meaningless activities, declining to identify with the bank mission goals, all pointing to employee commitment problem. Therefore, this paper examines the effect of effect employee perception of appraisal has on employee commitment in the selected money deposit banks in Lagos State. The study adopted a survey research design. The population was 4,655 employees of Access bank in Lagos and Guaranty Trust Bank GT Bank in Lagos. A sample size of 356 was determined using were determined using Cochran’s formula. The study adopted a cluster random sampling technique. A structured questionnaire was adapted and validated to collect data from the respondents. Data collected were analyzed using descriptive and inferential simple linear regression analysis statistics. Findings revealed that employee perception of appraisal had significant effect on employee commitment R2 = 0.649, F 1,333 = 615.082, p 0.05 in the selected money deposit banks in Lagos State. The study concludes that employee perception of appraisal affects employee commitment of money deposit banks in Lagos State. The study recommended that deposit money banks should employ an appraisal system that is transparent to eliminate perception errors and build a social context that strategically encourages organizational citizenship behavior and employee productivity. Osarumese Ekhoragbon | Amos-Fidelis, N. B. "Employee Perception of Appraisal and Employee Commitment in Selected Deposit Money Banks in Lagos State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd43656.pdf Paper URL: https://www.ijtsrd.commanagement/hrm-and-retail-business/43656/employee-perception-of-appraisal-and-employee-commitment-in-selected-deposit-money-banks-in-lagos-state-nigeria/osarumese-ekhoragbon
International Journal of Trend in Scientific Research and Development (IJTSRD)
Volume 5 Issue 4, May-June 2021 Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470
@ IJTSRD | Unique Paper ID – IJTSRD43656 | Volume – 5 | Issue – 4 | May-June 2021
Page 1470
Employee Perception of Appraisal and Employee Commitment
in Selected Deposit Money Banks in Lagos State, Nigeria
Osarumese Ekhoragbon; Amos-Fidelis, N. B. PhD
Department of Business Administration and Marketing, School of Management Sciences,
Babcock University, Ilishan-Remo, Ogun State, Nigeria
ABSTRACT
There is an employee productivity problem in money deposits in Nigeria.
Employees are less committed to work, constantly fail to meet deadlines and
procrastinate. Existing employee problems point to the fact that there is a
lingering commitment problem in the workplace. On one side, growing
evidence points out that the perception employees have of bank performance
appraisal is affecting employees' work commitment. Banks are not achieving
their desired goals of yearly enhancing productivity from their human and
material resources. There are few accepted systems in place to investigate
employee perception of performance appraisal systems and this has
influenced turnover intentions. The most significant expression of declining
productivity in the banks is poor attention to details, wasting time on
meaningless activities, declining to identify with the bank mission goals, all
pointing to employee commitment problem. Therefore, this paper examines
the effect of effect employee perception of appraisal has on employee
commitment in the selected money deposit banks in Lagos State. The study
adopted a survey research design. The population was 4,655 employees of
Access bank in Lagos and Guaranty Trust Bank (GT Bank) in Lagos. A sample
size of 356 was determined using were determined using Cochran’s formula.
The study adopted a cluster random sampling technique. A structured
questionnaire was adapted and validated