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Career Development and Employee Performance in Commercial Banks In Illala District Dar Es Salaam Tanzania

Author: Dr Arthur Sunday, Dr Eliab Byamukama, Zamzam Suleiman Mkindi,
Publisher: Journal for Studies in Management and Planning ISSN: 2395-0463
Published: 2017
Section: College of Economics and Management

Abstract

Lack of leadership skills, management and business knowledge in core business areas of commercial banks is an area of great interest and concern. And this has affected the performance of employees in most commercial banks of  Illala District in Tanzania. The study analyzed the relationship between between career development and employee performance in commercial banks.

The study adopted a quantitative paradigm with cross sectional and correlation designs. Regression was used to test the predictive power of the variables and indicate precisely what happens to the model as different predictor  variables are introduced in the model fit

The findings revealed that career development carried out in banking institutions has a great impact on motivation of the employees which leads to good performance. If employees are not encouraged and guided to develop their special abilities through effective supervision, it can demotivate them. Some employees do not perform well because they lack regular and effective supervision by their managers.

It is recommended that policy makers should develop programs directed towards the sensitization of staff about career development. The staffs that are trained regularly and continuously should also be encouraged to work harder on their own by increasing on the rewards extended to the best performers.

Managers, who are the link between the bank owners and other Stakeholders like the customers, Government, must have superior perspective of the goals of the bank to be able to monitor the progress of the banking institution as a whole.