EMPLOYMENT CONTRACT PERFORMANCE AND ORGANIZATIONAL RESILIENCE OF MULTINATIONAL OIL AND GAS COMPANIES IN NIGERIA

Gboms, S. D.

Department of Business Administration, Faculty of Administration and Management, Rivers, State University, Nkpolu- Oroworukwo, Port Harcourt, Nigeria

Biriowu, C. S.

Department of Employmenrt Relations and Human Resource Management, Faculty of Administration and Management, Rivers, State University, Nkpolu- Oroworukwo, Port Harcourt, Nigeria

and

Baridam, L. Q.

Department of Employmenrt Relations and Human Resource Managemen, Rivers, State University, Nkpolu- Oroworukwo, Port Harcourt, Nigeria

ABSTRACT

This study examined the relationship between employment contract performance and organizational resilience of multinational oil and gas companies in Nigeria.The study adopted the cross-sectional research survey design. Primary data was generated through structured questionnaire. The population of this study was the five (5) multinational oil and gas companies in Nigeria.  Due to the fact that the number of the population is small and can easily be covered, a census method is used and as such accordingly represents the sample for the study. However, for the purpose of data collection, in distributing the questionnaire as an instrument, the researcher distributed forty (40) copies of questionnaire to managers. The reliability of the instrument was achieved by the use of the Cronbach Alpha coefficient with all the items scoring above 0.70. The hypotheses were tested using the Spearman’s Rank Order Correlation Coefficient. The tests were carried out at a 0.05 significance level. Findings revealed that there is a significant relationship between employment contract performance and organizational resilience of multinational oil and gas companies in Nigeria. Therefore, the study concludes that employment contract performance positively enhances organizational resilience of Multinational Oil and Gas Companies in Nigeria. Thus, the study recommends that Multinational Oil and Gas Companies in Nigeria should prioritize the effective performance management of employment contracts to bolster organizational resilience.

Keywords: Employment contract performance, organizational resilience, adaptability, situation awareness, keystone vulnerability