Exploring the Significant Factors of Employee Performance Management System in Commercial Banks: A Multivariate Analysis

Kazi Nazmul Huda, Rashed Mahmud Shakil, Tamgid Ahmed Chowdhury

Journal of Management Sciences, 2020, vol. 7, issue 2, 68-83

Abstract: This study explored the most significant factors of the Employee Performance Management System (EPMS) of the Commercial Banks in Bangladesh. A questionnaire survey was conducted on 378 bankers of public and private commercial banks, and the structural equation modeling technique was used for statistical analysis. The study explored five dimensions of EPMS with 15 significant variables. Freedom to choose individual assignment was found to be the priority, followed by relationship development and active engagement issue of EPMS. Top management of the banks should empower millennial generation bankers to stay mentally energized and reframe their EPMS to engage the employees in building a high-performing culture actively.

Keywords: Performance management; performance appraisal; employee; Bangladesh; commercial banks. (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:gei:journl:v:7:y:2020:i:2:p:68-83

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