THE IMPACT OF MANPOWER DEVELOPMENT ON ORGANISATIONAL PERFORMANCE (A CASE STUDY OF POLARIS BANK, EDE, OSUN STATE, NIGERIA)

This study examined the impact of manpower development on organisational performance, with specific emphasis on manpower retention, engagement, technological development, and training, using Polaris Bank, Ede Branches (Ojatimi and Polytechnic Campus), Osun State, Nigeria, as a case study. A descriptive survey research design was adopted, and data were collected through structured questionnaires administered to the entire population of 36 staff members using a census sampling technique. The instrument was designed on a five-point Likert scale, and data were analysed using descriptive statistics and Analysis of Variance (ANOVA) with the aid of SPSS version 24. All hypotheses were tested at a 5% level of significance. The findings revealed a significant relationship between manpower retention and organisational sustainability, as indicated by an ANOVA result of F = 1.106 and p = 0.004. Manpower engagement was also found to significantly influence organisational productivity, with an F-value of 1.580 and a p-value of 0.041, indicating that engaged employees enhance efficiency and overall performance. Furthermore, manpower training showed a significant positive impact on employee job satisfaction, as evidenced by an F-value of 1.683 and a pvalue of 0.032. The study concluded that manpower development significantly enhances organisational performance. The study therefore recommends that banking institutions prioritise effective manpower retention strategies, promote employee engagement, and invest consistently in training and technological development to achieve sustainable organisational growth.