Corporate Policies and Employee Commitment to Work in Commercial Banks (A Survey of three Commercial Banks in Yenagoa, Nigeria)

Abstract

The aim of the study was to examine the effect of corporate policies on employee job commitment in Nigeria firms. The survey design method was adopted with percentages, frequencies and Chi-Square technique used to test the three hypotheses formulated for the study. Based on the sample size of sixty, questionnaires were administered on respondents from the three sampled banks and fifty-five (55) questionnaires were successfully retrieved and used for the analysis. The result of the first hypothesis revealed that corporate polices affect employee joy commitment. The result of the second hypothesis revealed that employee involvement in policy making and implementation process ensure full commitment to work. Lastly, the result of the third hypothesis concluded that employee level of commitment affects the success of the organization Also, the result of the percentage and frequency computation shows that majority of the sampled respondents are of the opinion that corporate policies affects employee commitment and consequently determines the success of an organization. Based on the result of the analysis, the following recommendations were made, that proper corporate policies be formulated and implemented to enhance employee commitment. It further suggested that employees be included in the process of policy formulation and implementation so as to motivate them to perform.