This study examines the relationship between the Human Resources Planning and Organizational Performance in National Insurance Corporation of Nigeria (NICON) Abuja.The objectives of the research work are as follows: to ascertain the relationship between human resources planning practices in NICON Insurance plc and organizational performance. To ascertain whether the recruitment of qualified personnel have significant relationship with the organization performance and finally to examine step by step process to be taken to make Human Resources planning in NICON Insurance company to become more effective.In order to achieve higher degree of certainty in accuracy for the measurement of this research the Statistical Package for the Social Science (SPSS) was used for the analysis of data collected from primary source through the questionnaire administered, while the Taro Yamane was used as a means of deriving the sample size. The findings from the first test of hypothesis using the coefficient of correlation method revealed that there is a positive relationship between human resources planning and organizational performance. Also the study revealed that organizational performance can be enhanced through involvement of employees in the planning of human resources as well as the quality of personnel recruited. Finally, the study revealed that human resources planning has significant relationship with organizational performance. This study recommend that Human resources accounting should be incorporated in the human resources planning practices of the organization. Also to enhance efficiency in organizational performance, human resources practices should be applied in both private and public organizations. Furthermore, Human resources planning should involve practices for forecasting human resources demand and productivity in the Insurance Industries in Nigeria. Finally, NICON Insurance plc should ensure that proper human resources planning programs are conceived to help in developing personnel skills and abilities.
Table of Contents
1.1 INTRODUCTION
1.2 BACKGROUND TO THE STUDY
1.3 STATEMENT OF THE PROBLEM
1.4 OBJECTIVE OF THE STUDY
1.5 RESEARCH QUESTIONS
1.6 STATEMENT OF THE HYPOTHESES
1.7 SIGNIFICANCE OF THE STUDY
1.8 JUSTIFICATION OF THE STUDY
1.9 SCOPE OF THE STUDY
1.10 DEFINITIONS OF TERMS
2.0 INTRODUCTION
2.1 CONCEPTUAL FRAMEWORK
2.1.1 Forecasting Human Resources Demand
2.1.2 Strategic action
2.1.3 Issues of Human Resources Training and Development
2.1.4 ObjectivesOf Planning Human Resource Needs With RespectToHuman Resources Training/Development
2.1.5 Organizational Performance
2.2 THEORETICAL REVIEW
2.2.1 OBJECTIVES OF HUMAN RESOURCE PLANNING
2.2.2 STRATEGIES FOR HUMAN RESOURCE PLANNERS
2.2.3 APPROACHES TO HUMAN RESOURCE PLANNING
2.2.4 Four Important Processes that are involved in Human Resource Planning
2.3 LITERATURE ON THE SUBJECT MATTER
2.3.1 Effect of Human Resource Planning on NICON Insurance Organizational Performance
2.3.2 Barriers to Effective Human Resource Planning In NICON Insurance Plc
2.3.3 Relationship Between Human Resource Planning And Employee Productivity
2.4 LITERATURE GAP
3.0 AREA OF STUDY
3.1 RESEARCH DESIGN
3.2 SOURCES OF DATA
3.3 STUDY POPULATION
3.4 SAMPLE SIZE
3.5 RESEARCH INSTRUMENT
3.6 INSTRUMENT VALIDATION
3.7 RELIABILITY OF RESEARCH INSTRUMENT
3.8 TECHNIQUES OF DATA ANALYSIS
3.9 LIMITATION OF THE STUDY
4.0 DATA ANALYSIS, FINDINGS, AND DISCUSSION
4.1 DATA ANALYSIS AND FINDINGS OF THE STUDY
4.2 Test of Hypothesis
4.3 DISCUSSION OF FINDINGS
5.1 SUMMARY
5.2 CONCLUSION
5.3 RECOMMENDATIONS
Research Objectives and Focus
This research project aims to analyze the impact of human resources planning on the organizational performance of the National Insurance Corporation of Nigeria (NICON), Abuja. The core objective is to determine how strategic human resource planning and the recruitment of qualified personnel influence the overall efficiency, productivity, and profitability of the organization.
- Analysis of the relationship between human resources planning practices and organizational performance.
- Examination of the correlation between the recruitment of qualified personnel and organizational success.
- Identification of barriers to effective human resources planning within the insurance industry.
- Development of recommendations for improving management efficiency through systematic human resource planning.
Excerpt from the Book
1.1 INTRODUCTION
In every organization human resources manager is responsible for the coordinating and controlling of employees so as to develop the organizations’ performance. In today’s market, the effective use of human resources in order to reach the objectives of the company is very important. Hence for the sake of this research the area of human resource management that is of focus is the practice of planning by the human resource department (Eniola& Elizabeth, 2013). Human resource planning is a process that identifies current and future human resources needs for an organization to achieve its goals. Human resource planning should serve as a link between human resource management and the overall strategic plan of an organization.
Large numbers of employees, who retire, die, leave organizations, or become incapacitated because of physical or mental ailments, need to be replaced by the new employees. Human resource planning ensures smooth supply of workers without interruption.Human resource planning is essential in the face of marked rise in workforce turnover which is unavoidable and even beneficial. Voluntary quits, discharges, marriages, promotions and seasonal fluctuations in business are the examples of factors leading to workforce turnover in organizations. These cause constant ebb and flow in the work force in many organizations. In any case, various analysts exposed that human resource planning practices are accepted to be the basic constituent of organizational procedure (Benjamin & Anthony, 2014). In such manner, the organizations need wise, instructed, skillful, conferred and profoundly energetic employees to build up a way for boosting the organizational performance. Thusly, human resource management generally implies the undertakings looking over employees, counseling with them, instructing them, empowering them through training to shape their tenacity, accomplish their potential endeavors and to encourage the organizational destinations (Fahad, Nadeem & Samsaa, 2015) Organizations have increasingly acknowledged the fact that the company’s human resources are valuable and can be a unique source for competitive advantage, no wonder most companies have to pay dearly in terms of organizational performance for neglecting this fundamental principles of effective human resources planning.
Summary of Chapters
CHAPTER ONE: Introduces the research topic, the background of NICON Insurance, the problem statement, and the research objectives aimed at linking HR planning to performance.
CHAPTER TWO: Provides a comprehensive literature review on human resource planning, training and development, and the conceptual frameworks defining organizational performance.
CHAPTER THREE: Details the research methodology, including the survey research design, population size, and the statistical tools (SPSS, Pearson correlation) used for data analysis.
CHAPTER FOUR: Presents the data analysis and findings from the administered questionnaires, testing the hypotheses regarding HR planning and recruitment impact.
CHAPTER FIVE: Summarizes the study's conclusions, confirms the positive relationship between HR practices and performance, and offers recommendations for NICON Insurance.
Keywords
Human Resource Planning, Organizational Performance, NICON Insurance, Manpower Planning, Staff Recruitment, Employee Productivity, Training and Development, Strategic Management, Workforce Turnover, Performance Appraisal, Management Efficiency, Organizational Goals, Personnel Management, Labour Cost, Human Resource Accounting.
Frequently Asked Questions
What is the core focus of this research study?
This study primarily examines the relationship between human resource planning practices and the organizational performance of the National Insurance Corporation of Nigeria (NICON) in Abuja.
What are the primary themes discussed in this work?
The central themes include the strategic importance of human resource planning, employee recruitment, training and development, and the impact of these variables on organizational productivity and efficiency.
What is the main objective or research question of the project?
The study seeks to ascertain whether effective human resource planning and the recruitment of qualified personnel significantly enhance organizational performance at NICON Insurance.
Which scientific methodology does the author employ?
The researcher uses a survey research design, collecting primary data via questionnaires distributed to NICON staff, and analyzes them using simple percentages and the Pearson correlation coefficient method via SPSS.
What topics are covered in the main body of the work?
The main body covers conceptual and theoretical frameworks of HR planning, detailed literature reviews on training and development, and an empirical analysis of how HR practices affect specific organizational outcomes.
Which keywords best describe this study?
Key terms include Human Resource Planning, Organizational Performance, NICON Insurance, Manpower Planning, Employee Productivity, and Strategic Management.
How is the sample size for the study determined?
The sample size of 109 staff was derived from the total population of 150 employees at the NICON headquarters using the Taro Yamane formula.
What are the significant conclusions drawn regarding HR practices at NICON?
The research concludes that there is a statistically significant positive relationship between systematic human resource planning, including the recruitment of qualified personnel, and the organizational performance of NICON Insurance.
- Quote paper
- Leslie Acheson Wey (Author), 2018, Human Resource Planning and Organizational Performance in National Insurance Corporation of Nigeria (NICON) Abuja, Munich, GRIN Verlag, https://www.grin.com/document/512590
