PERFORMANCE PLANNING AND EMPLOYEE PRODUCTIVITY IN DEPOSIT MONEY BANKS IN RIVERS STATE

Anga, D.

Department of Management, Faculty of Management Sciences, Rivers State University,

Port Harcourt, Nigeria

Tamunomiebi, M. D.

Department of Management, Faculty of Management Sciences, Rivers State University,

Port Harcourt, Nigeria

ABSTRACT

This study examined the relationship between performance planning and employee productivity in deposit money banks in Rivers State. The study adopted the cross-sectional research survey design. Primary data was generated through structured questionnaire. The population for this study was 283 staff of the deposit money 22 banks in Port Harcourt. The sample size of 162 was determined using the Taro Yamen’s 1970 formula. 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 performance management and employee productivity in deposit money banks in Rivers State. Therefore, the study concludes that performance planning significantly relates with employee productivity in Deposit Money Banks in Rivers State. Hence the study recommends that Deposit Money Banks should establish clear and measurable performance goals for employees. These goals should align with the overall organizational objectives and be communicated effectively to all staff members.

Keywords: Performance Planning, Employee Productivity, Timeliness of Work, Accomplishment of Task, Employee Innovativeness.