Impact of career development on employee job satisfaction of Nepalese commercial banks / Sushmita Koirala 

Public ISBD Title : Impact of career development on employee job satisfaction of Nepalese commercial banks Material Type: printed text Authors: Sushmita Koirala, Author Pagination: 106p. Size: GRP/Thesis Accompanying material: 8/B Languages : English Descriptors: Career development Class number: 158.6 Abstract: Employees are major assets of any organization. The success or failure of the organization depends upon the performance of employees. So, organizations are investing huge amount of money on employee career development. Career development is often used to close the gap between current performances and expected future performance. Career development has become increasingly attractive to organizations that aim at improving performance and productivity. Emphasis on employee career development is a strategic move to gain competitive advantage as organizations evolve to compete with one another. Career development and job performance are key strategic considerations for all organizations regardless of size, sector, market or profile. Employee performance is critical in service industry as banks and financial institutions who depends upon the general public’s wealth. As performance of employees is significant for the organization, management must identify factors that brings positive change in employee performance and must try to implement it. Well developed and managed organizations are able to sustain the pressure of competition easily, human capital are key for development of such capacity. Organizations are continually facing challenge of retaining motivated and dedicated employees towards their work. So, it is essential for organizations to emphasize on career development of employees to make them satisfied and gain excellent performance in return. The study aims to analyze the impact on career development on employee job satisfaction in Nepalese commercial banks. The other specific objectives are to identify the most determining HR practices in the career development and employees satisfaction, to analyze the impact of compensation systems of satisfaction level of employee in selected Nepalese commercial banks, to find out the relationship between training and development on employees satisfaction on Nepalese commercial bank, to determine the effect of performance appraisal on employee job satisfaction in commercial banks of Nepal and to examine the effect of work condition on employee job satisfaction in commercial banks of Nepal. Different evaluation methodologies are explored to develop a theoretical evaluation model for meeting the stated objectives. The primary data was collected through the questionnaire survey in 20 different commercial banks from 150 respondents. The five point Likert scale was used on the different variables of human resource management practices and employee jos satisfaction level measurement. The weighted mean value of each variable was used to examine the relationship between the dependent and independent variables for the study purpose. various research design were employed in order to achieve the stated objectives. The result of the study concludes that career development plays a major role in influencing organizational performance in Nepalese commercial banks. Compensation system has the highest weighted mean value which reveals that it is followed effectively in Nepalese commercial banks. Likewise training and development has lowest weighted mean value which indicates that training and development is not effectively followed in Nepalese commercial banks. The correlation result shows all the independent variables have a major influence on employee job satisfaction. Similarly the regression result shows that all the independent variables have major influencing role for employee job satisfaction. Likewise performance appraisal and work environment, compensation system may be more important variable for higher employee job satisfaction. Impact of career development on employee job satisfaction of Nepalese commercial banks [printed text] / Sushmita Koirala, Author . - [s.d.] . - 106p. ; GRP/Thesis + 8/B. Languages : English Descriptors: Career development Class number: 158.6 Abstract: Employees are major assets of any organization. The success or failure of the organization depends upon the performance of employees. So, organizations are investing huge amount of money on employee career development. Career development is often used to close the gap between current performances and expected future performance. Career development has become increasingly attractive to organizations that aim at improving performance and productivity. Emphasis on employee career development is a strategic move to gain competitive advantage as organizations evolve to compete with one another. Career development and job performance are key strategic considerations for all organizations regardless of size, sector, market or profile. Employee performance is critical in service industry as banks and financial institutions who depends upon the general public’s wealth. As performance of employees is significant for the organization, management must identify factors that brings positive change in employee performance and must try to implement it. Well developed and managed organizations are able to sustain the pressure of competition easily, human capital are key for development of such capacity. Organizations are continually facing challenge of retaining motivated and dedicated employees towards their work. So, it is essential for organizations to emphasize on career development of employees to make them satisfied and gain excellent performance in return. The study aims to analyze the impact on career development on employee job satisfaction in Nepalese commercial banks. The other specific objectives are to identify the most determining HR practices in the career development and employees satisfaction, to analyze the impact of compensation systems of satisfaction level of employee in selected Nepalese commercial banks, to find out the relationship between training and development on employees satisfaction on Nepalese commercial bank, to determine the effect of performance appraisal on employee job satisfaction in commercial banks of Nepal and to examine the effect of work condition on employee job satisfaction in commercial banks of Nepal. Different evaluation methodologies are explored to develop a theoretical evaluation model for meeting the stated objectives. The primary data was collected through the questionnaire survey in 20 different commercial banks from 150 respondents. The five point Likert scale was used on the different variables of human resource management practices and employee jos satisfaction level measurement. The weighted mean value of each variable was used to examine the relationship between the dependent and independent variables for the study purpose. various research design were employed in order to achieve the stated objectives. The result of the study concludes that career development plays a major role in influencing organizational performance in Nepalese commercial banks. Compensation system has the highest weighted mean value which reveals that it is followed effectively in Nepalese commercial banks. Likewise training and development has lowest weighted mean value which indicates that training and development is not effectively followed in Nepalese commercial banks. The correlation result shows all the independent variables have a major influence on employee job satisfaction. Similarly the regression result shows that all the independent variables have major influencing role for employee job satisfaction. Likewise performance appraisal and work environment, compensation system may be more important variable for higher employee job satisfaction.

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Barcode	Call number	Media type	Location	Section	Status
351/D	158.6 KOI	Thesis/Dissertation	Uniglobe Library	Philosophy & Psychology	Available

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