Title : | Impact of training and development on employee performance in Nepalese commercial banks | Material Type: | printed text | Authors: | Urusha Palikhey, Author | Publication Date: | 2017 | Pagination: | 121p. | Size: | GRP/Thesis | Accompanying material: | 10/B | Languages : | English | Descriptors: | training and development on employee
| Class number: | 650 | Abstract: | Every organization needs to have well trained and experienced people to perform the activities that have to be done. If current or potential job occupants can meet this requirement, training is not important. When this is not the case, it is necessary to raise the skill levels and increase the versatility and adaptability of employees.Therefore, training and development is vital to the productivity of organization’s workforce (Muhammad & Fard, 2013). Employees training and development has become one of the major issues at present because it helps an organization in number of ways. Training and development is like a root toward a success and better result. Therefore, training and development holds significant importance in any organization despite of its size (Ahmad et al., 2014).Employee’s performance is a function of training and development. It is established that training provides necessary knowledge, skills, and abilities to perform a job properly. Training is described as the grade of trainees who apply the knowledge, skills, behaviors and attitudes they obtained from training program into their work context which may improve their performance (Velada et al., 2007).
The major purpose of this study is to identify the impact of training and development on employee performance in Nepalese commercial banks. The study has the following specific objectives: to analyze the perception of employees on the level of training and development in Nepalese commercial banks, to identify the most important factor that affect employee performance and employee commitment of Nepalese commercial banks, to examine the relationship of working environment, empowerment, team work, trainee characteristic and on-the-job and off-the-job with employee performance and commitment in Nepalese commercial banks, to ascertain the extent to which training delivery style affects employee productivity.
The primary source of data is used to assess the opinion of employees with respect to training and development to analyze the employee performance in Nepalese commercial banks. The survey is based on 154 observations from 16 commercial banks in Nepal. The questions were asked in the form of Yes/No, and likert scale questions. The likert scale questions of different variables on training and development, employee performance and employee commitment were measured in 5 point scale. The proxies of training and development are workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work. The weighted mean of the each variables were used to examine the relationship of training and development with employee performance. For the fact finding of the study primary data was analyzed by using percentage frequency distribution and methods such as descriptive analysis, correlation analysis and regression analysis.
The result of this study reveals that there is positive correlation between workplace environment with employee performance and employee commitment. This indicates that better workplace environment leads to increase in employee performance and employee commitment. Similarly, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positively correlated to employee performance and employee commitment. This reveals that better trainee characteristics, increase in on-the-job and off-the-job training, empowerment and team work enhances employee performance and employee commitment. The beta coefficient of workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positive when regressed on employee performance. However, only team work and workplace environment are significant at 1 percent level of significance. In the same way, beta coefficient of workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positive when regressed on employee commitment. However, only team work and workplace environment is significant at 1 percent level of significance.
The major conclusion of the study is that team work and workplace environment of the commercial banks play a prominent role in determination of employee performance. Similarly, team work and workplace environment is also the most important influencing factor of employee commitment.
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Impact of training and development on employee performance in Nepalese commercial banks [printed text] / Urusha Palikhey, Author . - 2017 . - 121p. ; GRP/Thesis + 10/B. Languages : English Descriptors: | training and development on employee
| Class number: | 650 | Abstract: | Every organization needs to have well trained and experienced people to perform the activities that have to be done. If current or potential job occupants can meet this requirement, training is not important. When this is not the case, it is necessary to raise the skill levels and increase the versatility and adaptability of employees.Therefore, training and development is vital to the productivity of organization’s workforce (Muhammad & Fard, 2013). Employees training and development has become one of the major issues at present because it helps an organization in number of ways. Training and development is like a root toward a success and better result. Therefore, training and development holds significant importance in any organization despite of its size (Ahmad et al., 2014).Employee’s performance is a function of training and development. It is established that training provides necessary knowledge, skills, and abilities to perform a job properly. Training is described as the grade of trainees who apply the knowledge, skills, behaviors and attitudes they obtained from training program into their work context which may improve their performance (Velada et al., 2007).
The major purpose of this study is to identify the impact of training and development on employee performance in Nepalese commercial banks. The study has the following specific objectives: to analyze the perception of employees on the level of training and development in Nepalese commercial banks, to identify the most important factor that affect employee performance and employee commitment of Nepalese commercial banks, to examine the relationship of working environment, empowerment, team work, trainee characteristic and on-the-job and off-the-job with employee performance and commitment in Nepalese commercial banks, to ascertain the extent to which training delivery style affects employee productivity.
The primary source of data is used to assess the opinion of employees with respect to training and development to analyze the employee performance in Nepalese commercial banks. The survey is based on 154 observations from 16 commercial banks in Nepal. The questions were asked in the form of Yes/No, and likert scale questions. The likert scale questions of different variables on training and development, employee performance and employee commitment were measured in 5 point scale. The proxies of training and development are workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work. The weighted mean of the each variables were used to examine the relationship of training and development with employee performance. For the fact finding of the study primary data was analyzed by using percentage frequency distribution and methods such as descriptive analysis, correlation analysis and regression analysis.
The result of this study reveals that there is positive correlation between workplace environment with employee performance and employee commitment. This indicates that better workplace environment leads to increase in employee performance and employee commitment. Similarly, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positively correlated to employee performance and employee commitment. This reveals that better trainee characteristics, increase in on-the-job and off-the-job training, empowerment and team work enhances employee performance and employee commitment. The beta coefficient of workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positive when regressed on employee performance. However, only team work and workplace environment are significant at 1 percent level of significance. In the same way, beta coefficient of workplace environment, trainee characteristic, on-the-job training and off-the-job training, empowerment and team work are positive when regressed on employee commitment. However, only team work and workplace environment is significant at 1 percent level of significance.
The major conclusion of the study is that team work and workplace environment of the commercial banks play a prominent role in determination of employee performance. Similarly, team work and workplace environment is also the most important influencing factor of employee commitment.
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