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Original Research Article

Labour Supply Fluctuations and Workforce Agility: Developing an Innovative HRM Framework for Workforce Efficiency in Deposit Money Banks Operating in Rivers State

OBIBHUNUN, LUCKY, PEACE DEINMA IFIDON GABRIEL

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OBIBHUNUN, LUCKY Corresponding Author

Department of Employment Relations and Human Resource Management, Faculty of Administration and Management

ORCID: 0009-0009-4368-1727

Correspondence: lucky.obibhunun@ust.edu.ng

Abstract

This study examined the relationship between Labour Supply Fluctuations and Workforce Agility: Developing an Innovative HRM Framework for Workforce Efficiency in Deposit Money Banks Operating in Rivers State. The study was guided by three research objectives and hypotheses and anchored on the Dynamic Capabilities Theory and Human Capital Theory. The study employed correlational and cross-sectional survey research designs. The population comprised eighty-four companies, Deposit Money Banks operating in Rivers State. Due to the manageable population size, Census sampling technique was adopted, while purposive sampling was used to select 84 managerial respondents consisting of three managers each from the companies. Data were collected using a structured questionnaire, while validity was confirmed by academic supervisors; reliability was confirmed using Cronbach’s Alpha coefficients above 0.70. Out of 84 questionnaires administered, 75 usable copies were retrieved and used for the analysis with the aid of SPSS version 27.0. Spearman Rank Order Correlation Coefficient and partial correlation analysis were used to test the hypotheses. Findings revealed that there is a positive relationship between Labour Supply Fluctuations and Workforce Agility in Deposit Money Banks operating in Rivers State. The study concluded that Labour Supply Fluctuations significantly improve Workforce Agility. The study recommended that Deposit Money Banking companies should adopt and incorporate workforce forecasting, skills inventory, flexible staffing, and employee reskilling and upskilling, talent retention, job rotation, succession planning, and workforce redeployment to prevent shortages of employees in the system.

Keywords: Labour Supply Fluctuations, Workforce Agility, HRM Framework, Workforce Efficiency, Deposit Money Banks.
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How to Cite

APA

OBIBHUNUN, L., & GABRIEL, P. D. I. (2026). Labour Supply Fluctuations and Workforce Agility: Developing an Innovative HRM Framework for Workforce Efficiency in Deposit Money Banks Operating in Rivers State. British Journal of Advanced Research, 1(5), Article 020. https://doi.org/10.68263/BJAR-N25VX4XQ

MLA

OBIBHUNUN, LUCKY, and PEACE DEINMA IFIDON GABRIEL. "Labour Supply Fluctuations and Workforce Agility: Developing an Innovative HRM Framework for Workforce Efficiency in Deposit Money Banks Operating in Rivers State." British Journal of Advanced Research, vol. 1, no. 5, 2026, article 020. DOI: https://doi.org/10.68263/BJAR-N25VX4XQ

Chicago

OBIBHUNUN, LUCKY, and PEACE DEINMA IFIDON GABRIEL. "Labour Supply Fluctuations and Workforce Agility: Developing an Innovative HRM Framework for Workforce Efficiency in Deposit Money Banks Operating in Rivers State." British Journal of Advanced Research 1, no. 5 (2026): 020. https://doi.org/10.68263/BJAR-N25VX4XQ

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Metadata
ISSN 3153-709X
Tracking ID BJAR_OCT_26_081
Article No. 020
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Article Info
Journal BJAR
Volume Vol 1, No 5
Year 2026
Type Original Research Article
Licence CC BY-NC-SA 4.0
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