IMPACT OF HUMAN RESOURCE PRACTICES ON EMPLOYEE PERFORMANCE IN NEPALESE BANKING SERVICE SECTOR
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Shanker Dev Campus
Abstract
This study delves into the impact of human resource management (HRM) practices on
employee performance within Nepal's banking service sector. It seeks to fill existing
knowledge gaps and enhance organizational success through a comprehensive analysis of
HRM effectiveness.
The research design encompasses a mixed-methods approach, drawing data from 385
respondents representing various service sectors in Kathmandu and Pokhara. Utilizing
descriptive statistics and statistical analyses like correlation and regression, the study
investigates the relationship between HRM practices (Training and Development,
Compensation and Incentives, Performance Appraisal, Recruitment and Selection) and
employee performance. In conjunction with a mixed-methods approach, this study adopts
descriptive statistics and statistical analyses like correlation and regression. Data collection
involves 385 respondents from different service sectors in Kathmandu and Pokhara,
enabling a comprehensive examination of HRM practices' impact on employee
performance.
The findings revealed that significant positive correlations and impacts of HRM practices
(Training and Development, Compensation and Incentives, Performance Appraisal,
Recruitment and Selection), on Employee Performance (EP) emphasizing the strategic
importance of tailored interventions for organizational success.
Implications of this study extend to practical insights for organizations operating in Nepal's
service sector, emphasizing the need for strategic HRM interventions to optimize employee
performance and drive organizational success. These findings also advocate for further
research in this area to deepen understanding and refine HRM practices for enhanced
outcomes.
Keywords: HRM practices, employee performance, Nepalese banking service sector,
correlation analysis, regression analysis