Abstract
The major problem confronting most human resources managers in organization is how can a job be designed or structured so that the employee’s performance can be enhanced and profitability increased. There is the need to understand that how workers responsibilities and duties are segmented helps to shape and determine virtually all other facets of organizational functioning. This research work has the objective of assessing the impact of work design on profit optimization of Nigerian commercial banks. The study adopted a survey research method and both primary and secondary sources of data were applied. Formulated hypotheses were tested using regression analysis. The findings of the study revealed that Work design enhances productivity in banks, Work design increases profitability, influences behavior, staff motivation and autonomy in banks. The study recommends that Work should be design to influence potential behavior in line with technological trends, and Management should endeavour to discourage the notion that work design exercises are carried out for performance evaluation purposes only. This can be done by laying more emphasis on training and retraining of staff to fit into ever changing information technology especially in banks.
Highlights
Organisations have evolved because the overall mission and objectives of most institutions are too large for any single person to accomplish
On the whole this study is to provide answers to some pertinent questions like; (1) Is there any significant relationship between investment in employee job design and profit optimization of Nigerian commercial banks?
The following null hypothetical assumptions have been postulated for validation in this study; H01; There is no significant relationship between investment in employee job design and profit optimization of Nigerian commercial banks
Summary
Organisations have evolved because the overall mission and objectives of most institutions are too large for any single person to accomplish. The organisation must have a systematic way to determine which employees are expected to perform a particular job or task, how to structure job elements and duties to achieve optimal productivity. An organisation's staff is one of the most critical factors with respect to its output and profitability. The competitiveness of an organisation results from the total sum of its' work-related activities. The quality of an organisations performance is determined by how employees accept their tasks and dedicate their efforts wholeheartedly with passion and creativity [1]. Optimal performance of an organisation would be achieved when optimal employees were placed according to job requirements and employees were changed as jobs were designed effectively
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