Human resource management practices and performanceof tertiary institutions in ondo state, Nigeria

Abstract

Human resources (HR) must be acknowledged and recognized as an organization’s most valuable asset and thedriving force in creating and sustaining competitive advantage in the global marketplace. Challenges of ineffectiveplanning, management, and application of HR functions have been the major issues affecting the rate of employeeturnover in organizations. The purpose of this study is to investigate the effects of HR management practices ontertiary institution performance in Ondo State, Nigeria. A sample size of 327 was taken from a population of 1776using Taro Yamane’s (1964) formula, and a stratified sampling technique was adopted. The questionnaire wasrecovered in 324 copies, accounting for 99.08% of the total for analysis. The data were analyzed through ordinaryleast square (OLS) regression, and it was found that the calculatedt-statistics score of 1.645 is less than thet-statistics score of the four hypotheses. The null hypotheses were rejected, while alternative hypotheses of 2.127and 2.483 were accepted. According to the findings of the study, HR management practices have a significantimpact on the performance of higher education institutions in Ondo State, Nigeria. It is suggested that effectiveplanning, well-managed implementation, and a policy free of tribalism and nepotism—a policy free of bias—willcreate a competitive advantage and positively impact the performance of tertiary institutions, particularly RufusGiwa Polytechnic, Owo.