THE IMPACT OF TRAINING AND DEVELOPMENT IN THE BANKING INDUSTRY

TABLE OF CONTENT

Title page                                                                                ii

Approval page                                                                        iii

Proposal                                                                                  iv

Table of content                                                                      vi

CHAPTER ONE

Introduction                                                                            1

1.1     Background of the study                                                         1

1.2     Statement of the Problem                                                        1

1.3     Objective of the Study                                                   2

1.4     Significance of the study                                                         3

1.4     Limitation of the study                                                  3

CHAPTER TWO        

Review of related literature                                                     5

CHAPTER THREE

Research design and methodology                                           18

3.1     Sources of Data                                                             18

3.2     locations of data                                                            19

3.3            Methods of data collection                                             19 CHAPTER   FOUR Findings                                                                                  20 CHAPTER   FIVE Recommendations and conclusions                                         21 5.0     Recommendations                                                                  21 5.1     Conclusion                                                                     23

                Bibliography                                                                  25

CHAPTER ONE INTRODUCTION 1.1            BACKGROUND OF THE STUDY Organizations need training and development to make sure they met with the changing circumstances, more especially in banking sector training and development are needed to cope with the standard required in the banking business. Training and development will increase performance and productivities, employees morals, better coordination of man and materials.  It will equally increase the knowledge of workers, skills, attitude and preparing them for future challenges on the job, it will also help in placing the right time.  It will reduce the rate of turnovers in banking industries.   1.2     STATEMENT OF THE PROBLEM An effective training and development is very important for the function of any business mostly in banking industry.  The caliber of those that run most of the banking industries have not developed the ability to attract and not developed the ability to attract and maintain competent managers and customers.  The nations economy in recent years has been very much depressed. There have been failures in the banking industry.  Many banks have failed due to lack of training and development in the banking sector.  As a result of these we want to investigate the effect of training and development on: (a)              The level of profit of the banks (b)             The level of fraud in the banking industry (c)              The problem of redeployment to staff after training.   1.3            OBJECTIVE OF THE STUDY The following are the objectives of the study: 1)                To develop an efficient workforce at all level to ensure that corporate objective is met. 2)                To ensure better training and more cost effective performance. 3)                To prepare an employee to undertake a completely different job from that which he is familiar with. 4)                To prepare worker for a higher – level job. 5)                To increase productivity in terms of quality and quantity.