THE EFFECT OF TRAINING PRACTICEON EMPLOYEE PERFORMANCE; CASE OF COMMERCIAL BANK OF ETHIOPIA

Abstract

This research is conceded out to examine the effect of training practice on employee performance with specific objectives which are to examine the effect of training need assessment, training planning, training implementation and training type on employee performance. It is both descriptive and explanatory research type. Data were collected through the five point’s Likert scales of questionnaires, and the study used quantitative research approach. The questionnaire was physically distributed to 355 employees of selected head office organs. Out of the total distributed questionnaires 274 employees were completed. The study used stratified sampling method and selected head office of Commercial Bank of Ethiopia. In order to meet the research objective collected data analyzed through descriptive analysis techniques, correlation and regression analysis methods were used to analyze the collected data by using SPSS software and Descriptive analysis tools such as frequency, mean and standard deviation to present results statistical analysis tools such as correlation coefficient was worked out and used to investigate the relationships between variables. Regression analysis was performed to study the effect of independent variables on employee performance. The study examined four independence variables training need assessment, training plan, training implementation and training type. Research findings indicates that there is a significant relation between training practices components on employee performance, and also to regression testing that all variables were examined at the same time on employee performance; results showed that all components have a significant effect on employee performance. The explanatory variables explain dependent variables accounted for 61.9% with estimated standard deviation of 31.7%. The researcher recommends that CBE may improve its training practices in order to increase employee performance and its better advised CBE to identify training needs by identifying the gap between the required knowledge and skills of an employee and the performance of that employee. In addition it’s recommended that CBE needs to make an outstanding training plan to increase its employee performance.