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

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  • Kazi Nazmul Huda, Rashed Mahmud Shakil, Tamgid Ahmed Chowdhury

    (Southern University Bangladesh)

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.

Suggested Citation

  • Kazi Nazmul Huda, Rashed Mahmud Shakil, Tamgid Ahmed Chowdhury, 2020. "Exploring the Significant Factors of Employee Performance Management System in Commercial Banks: A Multivariate Analysis," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 7(2), pages 68-83, October.
    • Handle: RePEc:gei:journl:v:7:y:2020:i:2:p:68-83
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    Cited by:

    1. Kazi NAZMUL HUDA, 2022. "Is The Performance Management System Of Readymade Garments Factories Effective In Achieving The Projected Outcome, Strategic Alignment And Operational Efficiency? A Study On Bangladesh," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 141-158, November.
    2. Thu Doan Ngoc Vuong & Loi Tan Nguyen, 2022. "The Key Strategies for Measuring Employee Performance in Companies: A Systematic Review," Sustainability, MDPI, vol. 14(21), pages 1-21, October.

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