Published January 2, 2024 | Version v1
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PARTICIPATORY MANAGEMENT AND EMPLOYEES COMMITMENT IN SELECTED COMMERCIAL BANKS IN BENIN CITY, EDO STATE, NIGERIA

Description

The study is on the relationship between participatory management and employee commitment in selected commercial banks in Benin City, Edo State, Nigeria. Descriptive research design was adopted for the study. The population consisted all employees of the twenty-one commercial banks in operation in Nigeria licensed by Central Bank of Nigeria as at December 29, 2017. But due to the impossibility of including all the members of staff of the population, three commercial banks were purposively selected in Benin City, Edo State Nigeria. The sample size of 80 employees was determined using Krejcie & Morgan (1970) formula from a population of 101. Data was collected using a questionnaire structured on a 5-point rating scale. The data was analyzed using correlation analysis via SPSS 20.0. The findings of the study reviewed that participation in decision making. Participation in strategic planning and communication have significant impact on affective, normative and continuance commitment of employees in commercial banks in Benin City, Edo State, Nigeria respectively. The study  concluded that participatory management influences employee commitment and its impact is statistically significant. It was recommended that commercial banks should make flexible rules and regulations to encourage employees to be actively involved in the decisions on aspects that affect employee’s commitment.

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