Training and Development in Banking Sector - Research Articles

5750 WordsOct 29, 201223 Pages
ijcrb.webs.com INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS APRIL 2011 VOL 2, N O 12 Extent of training in Banks and its Impact on employees motivation and involvement in job Muhammad Farhan Akhtar, Khizer Ali, Miss Shama Sadaqat, Shoaib Hafeez M.Com, Hailey College of Commerce, University of The Punjab, Quaid-e-Azam Campus, Lhr., Pakistan. Abstract Banking sector of Pakistan is characterized by the high competition and in order to survive in the market place, employers have understood the need for ongoing training and development to equip their employee to better cope up with the demands of the dynamic environment today. This study seek to determine the impact of this training and development on motivation and job…show more content…
Some are provided hereafter: Cooper et al. (1989) found a positive relationship between training programs and employees job involvement. He argued that if there are some recognitions and financial benefits for the high performers at the training programs, the feelings of reciprocity emerges in the high performing employees as well as in other ones which motivate them to extend themselves in many ways such as adapting new skills, knowledge and competencies which ultimately leads to improved organizational performance. Miller et al. (1996)examined the need and impact of training and development on the service sector employees is widely discussed topic in the literature. The literature review targets the trade journals, text books and various magazines that contain the information on training and development. Training needs assessment is the first step of an organization s training and development program. It identify the needs or performance requirements of the organization_ it determines whether there is gap between the actual performance and the standard performance set by the organization and if there is any discrepancy between the two, then training is required. After the needs assessment, the training objectives are determined .i.e. who needs training and what training is needed. Then the training is designed and implemented accordingly. At the end it isdetermined whether the training objectives were met. The
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