The Effect of Environmental Factors Influencing Manpower Utilization in Banking Sector in Abia State (A Study of Diamond Bank, Abia State)

Abstract

This study assesses the effect of environmental factors influencing industrial relation in banking sector Umuhaia Abia State. (Case study of diamond bank timber market Umuahia. Many enterprises limit their productivity enhancement of employees to the acquisition of skills. However, about 86% of productivity problems reside in the work environment of organizations. The work environment has effect on the performance of employees. The type of work environment in which employees operate determines the way in which such enterprises prosper. The objective of the study is to analyze the possible effects of some identified factors in the work environment on workers’ to bank productivity. To examine the correlation relationship between environmental Factors and human resource management (industrial relation) productivity in Diamond Bank in New Timber Market Umuahia, Abia State. Primary data were used for this study that was generated through structured questionnaires with close ended questions. T-test was used to test the research hypotheses. The respondents were randomly chosen from four selected diamond banking industry. Investigation revealed that factors in both the external and internal work environment as well as employment policies as they currently obtain are unfavorable to the enhancement of labour productivity. It is therefore imperative for governments at the federal and state levels to explore ways of improving and updating infrastructural facilities in order to make work environment more conducive for enhancement of labour productivity. Similarly, job and organizationally related factors and employment policies must be looked into by the respective employers for possible reviews so as to make them more favorable.