CAREER DEVELOPMENT AND ITS IMPACT ON THE PERFORMANCE OF EMPLOYEES IN THE BANKING INDUSTRY IN ILORIN METROPOLIS, NIGERIA

Abstract

Employees in the banking industry face significant challenges that have resulted in job dissatisfaction and low performance. These issues highlight the urgent need for highly skilled bank employees who are capable of meeting organisational objectives.  The study examined the impact of career development on employee performance. The target population of the study is 197 employees of three selected branches of United Bank of Africa (UBA PLC) in Ilorin, Kwara State. Meanwhile, the study adopted a combination of stratified sampling and simple random sampling techniques. Taro Yamane's (1967) formula was used to obtain a sample size of 130. Data were collected with the aid of a questionnaire from the senior staff of the Bank. Both descriptive and inferential statistics were used as methods of data analysis, and regression was employed as an inferential statistic. Findings revealed that career advancement has a significant impact on employee performance. The study concludes that the relationship between career development and employee performance is positive in the banking industry in Kwara State, Nigeria. It is therefore recommended that management of banks should design and 
promote career development that can lead to optimum employee performance.