1. Impact of Training and Development on the Profitability of the Banking Sector: A Study on the Leading Banks of Pakistan.
- Author
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Siddiqui, Rabiya and Ali, Tahir
- Subjects
BANKING industry ,BANK profits ,DEVELOPMENT banks ,FINANCIAL statements ,FINANCIAL performance - Abstract
This study aims to examine the impact of Training and Development (T&D) of employees on the profitability of banks in Pakistan. This research employed multiple sources for data collection. The primary sources included an online questionnaire and interview whereas financial reports of banks were used for secondary data collection. The questionnaire was sent to employees of five selected banks and the respondents were asked to rate the impact of Training on different factors of their performance A total of 100 responses were received and analysed. In addition, data regarding the investment of banks on training and its profitability from 2012 - 2021 was also gathered for analyses. Lastly, the Joint Director of SBP was interviewed to gain additional insights on the topic that were not otherwise reflected in the primary or secondary data. The data from all three sources revealed that T&D plays an important role in enhancing the profitability of bank. However, it was also found out that financial performance of banks is closely linked to the economic conditions of the country so investments on training may not always result in greater profitability but its positive impact on the performance or profitability of banks is more likely to be realized in the long run. [ABSTRACT FROM AUTHOR]
- Published
- 2023