EFFECT OF TRAINING AND DEVELOPMENT ON EMPLOYEES PERFORMANCE OF PRIVATE BANKS

The main objective of the study is to analyze the effect of training and development on employee performance in Private Banks. The descriptive and analytical research methods are used to meet the objectives of the study. A total of employees from ten private banks that is the highest assets and market share within private banks in Yangon are surveyed by using random sampling methods. The research data is collected by using research questionnaires instruments. Though there are some limitations to obtain the accurate data, it is determined the data to interpret the correlations between the independent and dependent variables. Based on the previous study and theoretical background of the study, the conceptual framework is constructed, mainly divided into three parts; the independent variables – training and development policy, procedures, and practices, the moderating factor – the employee related factors such as education, job position, and work experience, and the dependent variables -the employee performance measuring with the productivity, and satisfaction. Moreover this study includes the mediating factors or intervention factors of employees’ competencies that are effect on employee performance. The study found that among the training and development policy, procedures, and practices were positive significant relationship with employee performance. The findings of moderating effects demonstrated that employee related factors not effect on the relationship of training and development and competencies of employees. However, employee competencies such are strongly significant relationship with training and development policy, procedures, and practices..The findings also highlight the training policy, procedures, and practices had a significant effect on employee productivity and employee satisfaction. The results of this study are encouraging for policy maker especially for employee performance in private bank, and management of bank’s employees as it suggests opportunities for increasing employee’s productivity, satisfaction, and organizational commitment of banking industry in Myanmar