Career Development and Organisational Performance in the Nigerian Banking Industry: A Study of Palmera Microfinance Bank Ltd, Uromi, Edo State

  • Patrick Ohunmah IGUDIA PhD
Keywords: Career Development, Career, Employee Satisfaction, Organisational Performance

Abstract

The aim of this study is to examine the relationship between career development and employee job satisfaction and the concomitant organisational performance in the Nigerian Microfinance Banks using Palmera Micro-Finance Bank Ltd, Uromi as a case study. The study adopts the survey research design method using the structured questionnaire strategy. Three factors were tested using the Spearman’s Correlation statistical analysis aided with the Statistical Package for Social Sciences (SPSS) version 25 at 5% level of significance. A total population/sample size of 58 staff members of the Bank was purposively selected. The results of the study indicate that there is a high positive relationship between career counselling, employee training, and career mentoring with employee’s job satisfaction respectively; and that there is a significant positive relationship between employee’s job satisfaction and organisational performance. It was recommended, among others, that for Palmera Micro-Finance Bank Ltd, Uromi to achieve maximum productivity, it must design and implement an effectively pragmatic employee career development programmes that can meet its employees’ expected needs.

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Author Biography

Patrick Ohunmah IGUDIA, PhD

Department of Business Administration, Ambrose Alli University, Ekpoma

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Published
2022-05-27
How to Cite
IGUDIA, P. (2022). Career Development and Organisational Performance in the Nigerian Banking Industry: A Study of Palmera Microfinance Bank Ltd, Uromi, Edo State. GPH-International Journal of Business Management, 5(05), 22-38. https://doi.org/10.0313/bm.v5i05.616