LASU Journal of Employment Relations and Human Resource Management
(LJERHRM)
ISSN: 2705-3482
Volume 1, No. 1, December 2018
Pages 273-283
DOI: 10.36108/ljerhrm/8102.01.0103
AN EVALUATION OF MANPOWER TRAINING AND DEVELOPMENT IN STERLING BANK PLC, LAGOSSTATE
EYANUKU, Julius Paul
Department of Entrepreneurial Studies, Faculty of Management Sciences, National Open University.
jeyanuku@noun.edu.ng, jpee2002@yahoo.com
Abstract
Manpower development has been described as the systematic process which a bank has to go through to ensure that it has the effective managers it requires to meet its present and future needs. The objectives of the study is to access the manpower and development, selection and training programmes and from and to conduct an empirical investigation through a review of the manpower planning and development policy of the bank industry. This was because various alternative explanatory variables that were not easily quantified were used. Finally, it was recommended that as a result of importance of manpower planning and development, Banks should endeavour to always provide funds to enable its staff to participate in training and development programmes and based on the established positive relationship between training and Bank’s performance vis-à-vis profit after tax, bank should always vote a reasonable proportion of its profits to training and development of its employees.