AN ASSESSMENT OF HUMAN RESOURCE MANAGEMENT PRACTICE, IN THE CASE OF BANK OF ABISINYA

Abstract

Employees are believed to have a strong and vital role to play in any organization, main success and effectiveness of the organizational goal is employee performance, which provides does us to pay close attention to human resource management practice. Employee Human resource planning, Recruitment & Selection, Compensation & Benefit, appraisals are elements of human resource management which are more important for all financial and non-financial sectors. The study was to assess the practice of Human Resource Management on Bank of Abyssinia located in Addis Ababa. In order to conduct the research, a descriptive research design with a Quantitative and qualitative approach (mixed approach) was employed. The methodologies used to undertake the study were primary data collection. Besides this, the numbers of participants for this study were 237 employees. According to the data, the sample respondent has using 38 item questioners and nine interviews for managerial, clerical, and non-clerical. Collected data were analyzed tool through SPSS software version 23. The major objective of this study is to assess the practice of Human Resource Management in the bank of Recruitment & Selection, Compensation & benefit, practices. The finding of the study revealed that BOA’ had strength in Recruitment & Selection HRM practices, According to the survey, most respondents performed better than human resource planning, compensation and benefits Practice. However, on the other hand, the study result indicates the Bank has problems with employee motivation (encouragement) and didn't pay attention to the issues raised by the employees. Therefore, the bank to be taking immediate action It is important to find the solution to increasing employee motivation by working closely with the employee and evaluating these weaknesses.