Influence of Corporate Strategy on Recruitment and Selection Practices Among Commercial Banks in Kenya

Abstract

Human effort has remained the only weapon for competitive companies around the globe. Employees with amix of skill, knowledge and experience give a company a competitive edge compared to its competitors in the market. The major drive behind this study was to investigate the influence of corporate strategy on recruitment and selection practices among commercial banks in Kenya. It involved a cross-sectional survey design among all commercial banks in Kenya and these were forty three banks in total. Respondents to this study were Human Resource Managers from the banks. The study relied on primary data collection where questionnaires were used. The questionnaire was divided into three sections that covered corporate strategies, recruitment and selection practices and the relationship between corporate strategies and recruitment and selection practices. Data was analyzed by use of descriptive statistics such as mean, standard deviation, frequencies and percentages. The chi-square test of association was used to establish the influence of corporate strategy on recruitment and selection practices among commercial banks in Kenya. The findings of the study were presented in tables. The study concluded that if proper mechanism is put in place with regard to investment in corporate strategies focusing on recruitment and selection practices by commercial banks in Kenya, then the banks stand to gain a competitive advantage in the market thus contributing to social economic developments in Kenya. It is recommended that policy makers regulate and provide policies that will facilitate easy adoption of recruitment and selection practices in the banking sector.