scholarly journals Impact of Career Progression on Employee Productivity in Banking Industry

Career development refers to the path where one is proceeding in his work life. As the career of an employee spans over his/her entire lifetime, it has to be designed and planned appropriately. This planning depends on various factors like: Need, Abilities, Basic values, Career motives, Destiny and the available opportunities.A recent study by the Institute of Manpower Studies has found that technology has had an influence on career progression within financial institutions resulting in an expansion of the ‘professional’ tier.The study is based on a survey using a structured questionnaire and data collected from 335 bank employees. Statistical methods like factor analysis, ANOVA and Regression were used to analyze the data.

2021 ◽  
Vol 6 (1) ◽  
pp. 36-47
Author(s):  
Subhash Sinha ◽  
Vanlalchhawna

The study focuses on the significance of agricultural credit that can bring change in the life of farmers and rural people. The rural sector is mostly neglected and lacks adequate finance that’s needed to back the sector. However, there are certain financial institutions that work for the welfare of the sector and lend credit facilities to farmers and associated people, for their wellbeing. The current study majorly recognizes the impact and benefits of these credit facilities in improving the situation of farmers at several unnoticed places, including Cachar district. The present study is exploratory in nature. It has explored the role of credit in farmer’s life. The data was collected through a structured questionnaire from 283farmers of Cachar district. The statistical tools applied for the study were “Exploratory Factor Analysis (EFA)”, and “Multiple regression analysis.” The factors identified were Economic Development, Agro Development and Family and Social Development. It was found that there is a significant role of credit in the development of all the three factors.


2021 ◽  
Vol 10 (2) ◽  
pp. 56-62
Author(s):  
Oluyemisi Agboola ◽  
Muideen Olawale Aremu ◽  
Benneth Uchenna Eze ◽  
Nurudeen Opeyem Wahab

This study examines the effect of training and career development on banks employees’ performance, using survey research design, through the administration of structured questionnaire on some employees of some selected banks at Ijebu Ode, Ogun State, Nigeria. The findings reveal that, all the variables have positive individual significant effect on employees’ performance. The individual significance career development has the highest effect on Nigerian banks employees’ performance with t-stat = 6.256 *0.000. To further certify this, the multiple linear regression was used to test the combined effect of training and career development on employees’ performance to which only career development has positive and significant effect on employees’ performance (t-stat = 6.359 *0.000), where training has positive but insignificant effect (t-stat = 1.556 * 0.123). The adjusted R2 (0.398) indicated that, 39.8% variation in employees’ performance is accounted for by training and career development. The findings revealed that, an improvement in training and career development tends to enhance banks employees’ performance. It can therefore be concluded that, training and career development are important determinants of banks employees’ performance. Therefore, it is recommended that banks should enhance their training and career development activities towards the enhancement of their employees’ performance.


The Batuk ◽  
2020 ◽  
Vol 6 (2) ◽  
pp. 1-6
Author(s):  
Bashu Neupane ◽  
Nischal Risal

The study aims at analyzing the determinants of job satisfaction in bank employees of Kathmandu valley, Nepal. The research has adopted analytical research design. The Exploratory Factor Analysis has been conducted to analyze the factor influencing job satisfaction of junior level bank employees in Kathmandu valley. The 31 usable sample sizes have been taken for the study purpose. The study found most significant factor as job security, years of experience, social status and financial status. The study concludes that the job security, experience and salary ad allowance are the building block of job satisfaction for junior level bank employees in Kathmandu valley.


2020 ◽  
Vol 7 (3) ◽  
pp. 78-81
Author(s):  
K Sindhuja ◽  
S Sekar Subramanian

Work is an essential aspect of life; it provides a sense of accomplishment, identification, and means of income to fulfill the basic requirements. Due to the development of technology, the number of women workforces and dual-earner families, it is important for both employers and workers to balance both professional and personal life. This study examines the effectiveness of the work-life Balance of bank employees and its impact on employee retention in the selected banks in Sivakasi, Virudhunagar district. This paper also identifies the various work-life balance initiatives taken by the banks to reduce employee turnover and to enhance employee job satisfaction. A sample of 245 respondents was randomly selected to participate in the study. A well-structured questionnaire was used to collect the data. The findings revealed that the work-life balance has a direct impact on employee’s retention and it also helps to improve the employee’s job satisfaction.


2021 ◽  
Vol 8 (1) ◽  
pp. 34-37
Author(s):  
Heri Supriyadi ◽  
Dominicus Savio Priyarsono ◽  
Noer Azam Achsani ◽  
Trias Andati

Internal fraud (occupational fraud) in the microcredit business has caused significant losses for the banking industry and financial institutions. The unique microcredit business process and the amount of loans provided were relatively small for each customer. The more extensive the credit portfolio in a bank /financial institution, it took many marketing personnel/microcredit analysts. Internal fraud was one type of operational risk that banks/financial institutions often face that focused on microcredit services. The most common types of fraud were Corruption and Asset Abuse (ACFE), such as Tempilan credit (loan partly used by the debtor), Topengan credit (misused loan), and Fictitious Credit. Machine learning that was run automatically was used to predict internal fraud in microcredit business processes. This study conducts the use of analysis with CFA (Confirmatory Factor Analysis) method to ascertain which component in the model of Social Identity and Triangle-Fraud most dominantly affects a person to commit fraud in the process of microloan services. This study also applies Extreme Gradient Boosting (XGBoost) model to predict the possibility of fraud events. The level of possible fraud events will be manifested in the form of "Risk-Scoring.". This research result is expected to provide input to the banking industry/financial institutions that serve microcredit to make efforts and make fraud prevention strategies more effective.


GIS Business ◽  
2019 ◽  
Vol 14 (6) ◽  
pp. 133-145
Author(s):  
Dr. S. S. Nirmala ◽  
Dr. N. Kogila ◽  
T. Porkodi

The present study is focusing on the professional stress on organisation among the Junior Commissioned Officers (JCOs) and Non-Commissioned Officers (NCOs) of Indian Military Intelligence. 384 samples of Military Intelligence personnel will be taken for this study. Sources of data is Primary data include a structured questionnaire. Data was collected through structured questionnaire and measure through Likert’s scale, using KMO measure of sampling adequacy, Cronbach’s alpha for checking internal consistency, Bartlett sphericity test for testing the null hypothesis and various factor analysis including Eigenvalues, Extract square Sum loading, variance percent and Accumulation percent values relative comparison and Correlation matrix will be used as tools to arrive at desired results and statistical interpretations. The hypotheses put for test and the resultant values at 0.01 and 0.05 (for different factors) clearly indicated that there is an existence of association between different level of cadres and professional stress among personnel of Indian Military Intelligence. The authority who can formulate the rules and regulations and binding them on the lower cadres and professions to accept and adopt.


2016 ◽  
Vol 25 (1) ◽  
pp. 78-81 ◽  
Author(s):  
Lillian Ng ◽  
Richard Steane ◽  
Emme Chacko ◽  
Natalie Scollay

Objective: The objective of this study was to disseminate advice imparted to early career psychiatrists by a panel of senior colleagues at a Royal Australian and New Zealand College of Psychiatrists symposium, reflecting on things they wished they had known at the earlier stage in their careers. Methods: Key themes were extracted from notes taken at the symposium, where opinions were expressed by three senior psychiatrists. Results: There are components in building a sustainable career as a psychiatrist, which include considering one’s work environment and relationships with colleagues; self-care, mentorship and reflective practice; and seeking opportunities to teach and research for career progression. Conclusions: The mentorship and advice from senior colleagues can be highly influential. In order to sustain a career that has reward, meaning and longevity, psychiatrists would do well to pay attention to aspects of self-care, stay connected to their loved ones, seek an optimal work–life balance and take an interest in their long term career plans.


2020 ◽  
pp. 1-18 ◽  
Author(s):  
E. Juckes ◽  
J.M. Williams ◽  
C. Challinor ◽  
E. Davies

The British Horseracing Industry has been experiencing a labour shortage since the 1970’s and despite recent improvements reported in staff retainment, the industry still reports high staff turnover. We investigated staffing challenges experienced by UK horseracing employers and employees, to formulate strategic targets to address any issues identified. Thirty UK trainers and staff (12 staff, 9 senior staff, 9 trainers) participated in semi-structured inductive focus groups lasting on average 39±9 min. Questions explored staff background in racing, perceptions of the current staff challenges, retention and recommendations for improvement. Thematic analysis revealed four higher order themes; (1) lack of skills, (2) differences in perceived work ethic, (3) job conditions, and (4) media portrayal. This study concluded that there are dedicated staff working in the industry, but significant skills gaps, high workloads, poor work-life balance and a lack of training and career progression negatively influence retention in the horseracing industry.


Author(s):  
Daisy Chepkoech ◽  
Hannah Bula

Social demands in our world today and pressures from employees have posed a challenging dilemma among employers. The employers have had to adopt strategies that will meet the needs of the employers in order to make sure that they retain the best talents while at the same time provide a work life balance thus ensuring a win-win situation for all parties. Lack of providing work life balances have led to metal ill health related disease, absenteeism to deal with family issues and finally loss of best talent to the competitors especially when they have favorable work life balance practices. The study therefore sought to establish the influence of family support practices on employee productivity Safaricom limited in Kenya. The study adopted spillover theory. The study adopted a descriptive survey with target population of 4972 employees of Safaricom limited Kenya. A sample size of 370 employees of the target population was considered using stratified sampling method. Quantitative data that resulted from this process was analyzed with help of SPSS version 21 and descriptive statistics such as frequencies, mean, percentages and standard deviation. From the findings, family support services significantly influence employee productivity at r=.598 p<0.005. Additionally, the findings concur with the theoretical foundation of the study that adoption of family support services spills over to the attitude and the motivation of the employees which results to increased productivity. JEL: J10; J24


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