Original Research Article

Employee Development as Determinant of Job Performance in Selected Money Deposit Banks in Nigeria

Sunday Moses Adeyemi^*, Akinbo M. Tina

Department of Management and Accounting, Lead City University, Ibadan, Oyo State

*Corresponding Author's E-mail: msaconsult@ymail.com

Received: 18 June 2022  I  Accepted: 21 July 2022  I  Published: 28 July 2022  I  Article ID: MRJBM22018
Copyright © 2022 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0.

Abstract

This study examined the relationship between employee development and job performance of selected money deposit banks in Nigeria. The study adopted a cross-sectional survey research design which is explanatory in nature to obtained responses from the deposit money banks, Nigeria, the Taro Yamane sample size derivation formula was used to determine the sample size. After data cleaning, 165 respondents were finally used for data analysis. Data for the study was collected through structured questionnaires while the five (5) point Likert scale was used to measure the responses from the respondents. The reliability of the study was determined using the Cronbach alpha coefficient. Spearman’ Rank Order Correlation coefficient Statistics technique was used to test the hypotheses with the aid of statistical package for Social Science Version 25.0 for the purposes of examining the nature and proposed associations. The findings revealed that there is a positive and significant relationship between employee development and job performance in the deposit money banks in Nigeria. The study concludes that career development has a strong positive and significant influence on the two measures of employee job performance in the deposit money banks in Nigeria. The study therefore recommends that Deposit money banks should implement career development policies towards effective succession planning. Management should exhaust all internal talent before considering external talent especially when making promotion as this can significantly impact the overall development achievement.

Keywords: Career development, Employee Development, Job Performance