| Abstract: | This study examines various Human Resource Management (HRM) practices, including
recruitment & selection, performance appraisal, training & development, and compensation &
reward, and their impact on the overall performance of Lion International Bank. The study
adopted a descriptive survey research design. A sample size of 291 employees from Lion
International Bank was selected through stratified sampling techniques. Data were collected
via a researcher-constructed questionnaire, achieving a response rate of 95.18%. The data
were analyzed using the Statistical Package for Social Sciences (SPSS) software. The results
indicate a significant positive correlation between effective HRM practices and organizational
performance in Lion International Bank. Strategic recruitment and selection processes were
found to lead to a more skilled and motivated workforce, while a fair and transparent
performance appraisal system fostered a culture of accountability and high performance.
Comprehensive training and development programs enhanced employee capabilities and
productivity. Competitive compensation and benefits packages were crucial for attracting and
retaining top talent. The findings underscore the critical role of HRM practices in shaping
organizational performance within the bank. To maximize performance outcomes, it is
recommended that the bank prioritize investments in employee engagement initiatives, talent
management strategies, leadership development programs, and fostering a positive
organizational culture. By aligning HR practices with organizational goals and fostering a
culture of continuous improvement, the bank can enhance its competitive position, drive
sustainable growth, and ensure long-term success in the dynamic banking landscape. |
