Influence of Human Resource Management Practices on Performance of Savings and Credit Cooperatives in Vihiga County, Kenya

Abstract

The objective of this study was to determine the effect of Human Resource Management Practices on performance of SACCOS in Vihiga County, Kenya. The research design was a descriptive survey. A census survey of 34 respondents was used in the study. The study used primary data and secondary data. The data collection instrument was a questionnaire which was semi-structured comprising both open and close ended questions. Quantitative data was analyzed using descriptive statistics in form of percentages means, standard deviations and frequencies. Linear regression technique was used to establish the strength of the relationship between Human Resource Management Practices and SACCO performance. Based on the findings, it was found that Human Resource practices have a significant effect on SACCO performance. Training and development has a greater effect on SACCO performance followed by rewards and appraisal. Future research should focus on other Counties and also on other HRM practices and their effect on Firm performance.