Training and Job Security in Oil and Gas Companies in Rivers State, Nigeria

Abstract

The study examined the relationship between training and job security in oil and gas companies in Rivers State, Nigeria. The survey was based on four selected oil and gas companies with a sample size of 262 staff. The aim of the study is to examine the impact of training on job security in oil and gas companies. Questionnaires were administered to staff of the selected companies. Three hypotheses were formulated and tested. Statistical tool of Pearson Product Moment Correlation Coefficient was used to test the strength and direction of the relationship between the variables. Findings revealed that there is a significant relationship between training and job security. Thus it was concluded that training seeks to educate employees on the product, services and ethics of the organization and to clarify them on the set task. The training is designed to align with the needs of the employer (organization) and assist to achieve potential outcomes. Thus, it was recommended that training of employees in the oil and gas companies should be paramount considering the complexity of the job done there. Also oil and gas companies should enforce quality training programs, as this is capable to ensure that the right people with the right mind are retained to sufficiently contribute to the success of the organization.

Keywords: Employability skills, Employment contract, Job security, Training, Work experience.

DOI: 10.7176/EJBM/13-23-08

Publication date: December 31^st 2021