Personnel Outsourcing and Corporate Performance

Abstract

This paper was carried out to study personnel outsourcing and corporate performance. In carrying out this study, the researcher used AGIP Oil Company in Port Harcourt as a case study. A total number of fifty one (51) questionnaires were administered to employees in the personnel department of the company. The Yaro Yemen’s formula was adopted during the determination of the sample size. Hypotheses were also formulated and tested using the chi-square statistical/mathematical technique. The researcher uncovered that there is a significant effect of personnel outsourcing on corporate performance. The researcher further recommended that as a result of the findings, that organisations should see outsourcing of personnel function and other areas very important as it contribute to the transfer of knowledge from external vendors to internal employees, and make the organisation to reduce their cost of operation and make them stand out in a competitive ground. Also, that before organisations implement the process of outsourcing, they should first of all establish a training course to make sure that employees have the knowledge and an idea of the process. That employers should also try as much as possible to ensure that they establish a good relationship between internal employees and external employees by hosting both formal and informal meetings to bring them together and others.

Keywords: Personnel, Outsourcing, Performance