Effect of Training and Career Development on Employee Performance: Moderating Effect of Job Satisfaction
Purpose: This study's primary purpose is to explore the effect of training and career development on the employee performance of the executives of the private banks in the Colombo district. In addition, the study focuses on the moderating effect of job satisfaction of employees in examining the relationship of training and career development with employee performance.
Design/Methodology/Approach: The study employed a quantitative study, whereby questionnaires were issued to examine the objectives of the study. The data for the current study were collected from 150 executives of private banks in the Colombo area. The mean, standard deviation, correlation analysis and hierarchical regression analysis were used as the statistical tools to analyze the data.
Findings: In this research, the authors reviewed that training and career development have a significant positive impact on employee performance. Furthermore, the results indicated that the job satisfaction of the employees moderated the effect of training and career development on job performance, which is a strategic mechanism to enhance the job performance of the selected sample. This study contributes to filling literature gaps and helps employers to enhance the job performance of the employees in the organization.
Limitations: The study population was limited to the finance sector in the Colombo district and the study is cross-sectional. Further, the study did not test any other variables as the moderating variables also created a limitation in the study.