| dc.description.abstract | In modem era of resource constraints, organizations must efficiently manage their activities by
procuring and retaining the best of their employees and avoiding the employment of excess
human capital in their operations. The study aimed at establishing the human resource
procurement retention strategies used by commercial banks in Nairobi.
This was a census study and the population consisted of 44 Commercial Banks in Kenya that
have been inspected, assessed and classified as commercial banks by the Central Bank of Kenya.
In order to identify the employee procurement and retention strategies used in the banking
industry in Kenya, semi structured questionnaires were distributed among targeted population of
employees currently employed by banks in Nairobi in order to get primary data. A content
analysis and descriptive statistics were employed. The content analysis was used to analyze the
respondents' views about the employee procurement and retention strategies.
From the study, the researcher found that the banks did the assessment of employees during
recruitment with an aim of cultivating a high performance workforce at the companies.In
addition, the study also found out that majority of the banks had established human resource
procurement retention strategies in the recruitment of staff. The study established that the
commercial banks used various human resource management initiatives to enhance employee
retention in the companies. These included performance appraisal, promotion and conducive
work environment.
From the findings, the study recommends that commercial banks use various employee
procurement strategies in recruiting staff such as commissioning procurement agencies. This is
essential as it leads to improved choice, advice and better employee management information.
The study also recommends that commercial banks adopt various human resource management
initiatives such as labour management participation programs in order to enhance employee
retention in the firms. | en |
