IMPACT OF CAREER DEVELOPMENT ON EMPLOYEE SATISFACTION IN PRIVATE BANKING SECTOR KARACHI

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Volume 9 Issue 2 2013

Author(s):

Sobia Shujaat
Bahria University, Karachi Campus.
sobia@bimcs.edu.pk

Saira Sana
Bahria University Karachi Campus.
snowhite2687@gmail.com

Dr. Faisal Aftab
Bahria University Karachi Campus.
faaftab@bahria.edu.pk

Ishtiaq Ahmed
Bahria University Karachi Campus.
ishtiaq@bimcs.edu.pk

Abstract This study aims to determine the relationship between career development opportunities available to the employees and their job satisfaction. The study is focusing on private banks in Karachi. Methodology/Sample - For this paper, a survey was conducted by using a structured questionnaire that was administered through e-mail and distributing to five hundred respondents from five private Banks situated in Karachi. Hypothesis testing has been done by use of the „Chi-Square test‟. The sample size for the study is 395 and the sampling procedure used id convenience-based. Findings - The study determined that there is a positive relationship between career development and employee job satisfaction in the banking sector. Employees are satisfied with career development activities that are offered at their organizations. The corporate world has become more competitive hence employees have become more conscious of career development. Practical Implications - The findings of the research is beneficial for management of the banking sector to design career development programs in such a way that increases the job satisfaction and promote a work environment among employees in Pakistan. Research Limitations - Data confidentiality policy of organizations, time constraint and unavailability of concerned personnel at the time of interviews were limitations in some cases while gathering data.
Keywords Employee Job Satisfaction, career development, career planning.
Year 2013
Volume 9
Issue 2
Type Short Report
Recognized by Higher Education Commission of Pakistan, HEC
Category "Y"
Journal Name IBT Journal of Business Studies
Publisher Name ILMA University
Jel Classification -
DOI http://dx.doi.org/10.46745/ilma.jbs.2013.09.02.01
ISSN no (E, Electronic) 2409-6520
ISSN no (P, Print) 2416-8393
Country Pakistan
City Karachi
Institution Type University
Journal Type Open Access
Manuscript Processing Blind Peer Reviewed
Format PDF
Paper Link http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/9.2/1%20-%20Impact%20of%20Career%20Development%20on%20Employee%20Satisfaction%20in%20Private%20Banking%20Sector%20Karachi.pdf
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