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Challenges in the Era of Globalization - iaabd

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Proceed<strong>in</strong>gs <strong>of</strong> <strong>the</strong> 12th Annual Conference © 2011 IAABD<br />

Knowledge <strong>of</strong> tra<strong>in</strong><strong>in</strong>g and development comprised <strong>of</strong> 16 items and were measured us<strong>in</strong>g a mixture <strong>of</strong><br />

four and five-po<strong>in</strong>t scale rat<strong>in</strong>g <strong>in</strong>strument and measures us<strong>in</strong>g closed and open-ended answers.<br />

To show <strong>the</strong> correlation between <strong>in</strong>dependent variables (tra<strong>in</strong><strong>in</strong>g and development) and dependent<br />

variables (employee performance), we used Spearman’s correlations to test for <strong>the</strong>ir strength <strong>of</strong> relations.<br />

The Pearson Chi-square was also employed <strong>in</strong> analyz<strong>in</strong>g and test<strong>in</strong>g <strong>the</strong> significant association and crosstabulations<br />

<strong>of</strong> <strong>the</strong> variables.<br />

Data Analysis<br />

The data collected for this study were analyzed us<strong>in</strong>g SPSS to provide descriptive and graphical analyses,<br />

count data, Spearman’s correlation, <strong>the</strong> chi-square test, and cross tabulations <strong>of</strong> <strong>the</strong> test variables. The<br />

premise for <strong>the</strong> validity and consistency <strong>of</strong> this study is <strong>the</strong> calculation <strong>of</strong> <strong>the</strong> P-value. The p-value is <strong>the</strong><br />

probability that a sample drawn from a population is tested given that <strong>the</strong> assumptions proposed by <strong>the</strong><br />

study are true.<br />

Empirical results and f<strong>in</strong>d<strong>in</strong>gs<br />

Relationship between Tra<strong>in</strong><strong>in</strong>g and Performance<br />

The objective <strong>of</strong> <strong>the</strong> study is to explore <strong>the</strong> relationship between T&D and Bank performance. We<br />

<strong>the</strong>refore used <strong>the</strong> Spearman’s rho correlation to test <strong>the</strong> strength <strong>of</strong> <strong>the</strong> two constant variables (T&D and<br />

Performance). From <strong>the</strong> Table 2 below, analysis <strong>of</strong> <strong>the</strong> results showed that <strong>the</strong>re is a positive correlation<br />

between T&D <strong>of</strong> employees and Bank performance as <strong>the</strong> Spearman rho value (.41) is positive. To fur<strong>the</strong>r<br />

determ<strong>in</strong>e <strong>the</strong> strength <strong>of</strong> <strong>the</strong> relationship between <strong>the</strong> two variables, <strong>the</strong> results showed aga<strong>in</strong> that a<br />

correlation <strong>of</strong> r=1.0 <strong>in</strong>dicates a perfect correlation and greater strength. The results also showed a strong<br />

level <strong>of</strong> statistical significance <strong>of</strong> <strong>the</strong> correlation between T&D and performance at a probability value <strong>of</strong><br />

.000 which is by far less than .50.<br />

Follow<strong>in</strong>g <strong>the</strong>se results, our hypo<strong>the</strong>sis (H1) which states that: There is a correlation between <strong>the</strong> Tra<strong>in</strong><strong>in</strong>g<br />

<strong>of</strong> Bank staff and improved work performance <strong>in</strong> <strong>the</strong> Banks is significantly accepted and <strong>the</strong> null<br />

hypo<strong>the</strong>sis rejected.<br />

Table 2: Spearman’s rho Correlation<br />

Spearman's rho Relevance <strong>of</strong> Tra<strong>in</strong><strong>in</strong>g Correlation Coefficient 1.000<br />

courses to current Job<br />

.411<br />

Schedules<br />

**<br />

Sig. (2-tailed) . .000<br />

N 99 99<br />

Job Performance <strong>of</strong> Correlation Coefficient .411<br />

majority <strong>of</strong> tra<strong>in</strong>ed<br />

employees<br />

** 1.000<br />

Sig. (2-tailed) .000 .<br />

**. Correlation is significant at <strong>the</strong> 0.01 level (2-tailed).<br />

Relationship between Staff Development and Performance<br />

N 99 99<br />

452

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