INFLUENCE OF HUMAN RESOURCE MANAGEMENT PRACTICES ON GROWTH OF SACCO SOCIETIES IN SOUTH RIFT REGION

Abstract

ABSTRACT Human Resource Management (HRM) practices will continually attract the attention of researchers in pursuit of better ways to counter the emerging challenges that can undermine the growth of the organizations. The research will be carried out to examine the influence of human resource management practices on the growth of Savings and Credit cooperative societies (Sacco societies) in South Rift Region. The study will examine the relationship among the factor variables which are; selective hiring, job design, reward system and performance management and the component variable (that is, growth of Sacco Societies). The questionnaire will be used as data collection tool. The research will employ purposive sampling techniques to pick subjects to constitute the sample. Descriptive statistics will be used to analyze qualitative and quantitative data. Factor analysis will also be used to explain the causal relational between the variables. Data that will be collected will be analyzed by R statistical software. The findings are useful to the Sacco society management to help them plan and implement HRM practices. Many studies have been carried but none of the study has concentrated in finding the influence of selective hiring on the growth of Sacco societies.