DYNAMICS OF HUMAN RESOURCE MANAGEMENT FOR REAL ESTATE COMPETENCIES AMONG ESTATE SURVEYORS AND VALUERS IN UYO

Purpose: The study explored the implementation of human resource management dynamics by employees and employers of Estate firms in Uyo for real estate competencies. Design/methodology/approach: Survey research method was used. One hundred (100) structured questionnaires were administered to fifty Estate surveying and Valuation Firms in Uyo. “Human Resource Management and Employee Retention Instrument (HRMERI)” which contained 20 items on human resource management practice and 10 items on employee retention were used. Fifty-four (54) completed instruments were returned by twenty-seven firms; these represented 54 % of the firms observed. Findings: The study found that compensation by real estate firms in Uyo had a positive influence on employee retention through rewards and benefits. The training and development as well as performance management in real estate firms positively influenced employee retention. This was possible through sufficient training for their jobs which contributed to achieving dynamism in the competencies of firms’ goals. The study also discovered that work environment in the real estate firms is a vital factor that positively influenced employee retention and was achieved by firms creating an open, comfortable and safe working environment. Employees expressed high satisfaction in the way the organizations were dedicated to diversity and inclusiveness. Research limitation/implications: The returned copies of the questionnaire (54 %) were low, due to the apathy of the respondent on completing the instruments. The uncompleted copies of the questionnaire were 46 %. The implication is that the completed questionnaire copies were not sufficient to make generalized inference. Practical implications: The study obtained R-Square value of .856 and adjusted R-Square value of .884 which implied that 86% of the total variation in employee retention was explained by employee compensation, performance management, training and development, and work environment. Originality/value: This research has not been published or sent to be vetted for publication by any organisation. The study is an antidote to regression in real estate competencies and the application would be a driver to efficient real estate services.