The Effect Of Training And Development And Promotion Of Positions On Employee Performance At PT Bank Sumut Pusat Medan

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The Effect of Training and Development and Promotion of Positions on Employee Performance at PT Bank Sumut Pusat Medan

Introduction

In today's competitive business landscape, employee performance is a crucial factor that determines the success of a company. PT Bank Sumut Pusat Medan, a leading financial institution in North Sumatra, is no exception. The bank's performance is heavily dependent on the efforts of its employees, who are responsible for delivering high-quality services to customers. To encourage performance improvement, PT Bank Sumut Pusat Medan needs to focus on important aspects such as training and development, as well as promotion. This study aims to analyze the effect of training and development, as well as promotion of positions on employee performance at PT Bank Sumut Pusat Medan.

Background of the Study

Employee performance is a complex phenomenon that is influenced by various factors, including training and development, promotion, and job satisfaction. Training and development programs are designed to enhance employee knowledge, skills, and motivation, while promotion can provide motivation for employees to continue to grow and improve their performance. However, the impact of these factors on employee performance is not well understood, particularly in the context of PT Bank Sumut Pusat Medan.

Methodology

This study involved 70 respondents who were employees of 11 divisions at PT Bank Sumut Pusat Medan. Data were collected using a questionnaire that measured employee performance, training and development, and promotion. The data were analyzed using multiple linear regression with SPSS version 17.

Results

The results of this study showed that the training, development, and promotion variables were able to explain 80.4% of variations in performance variables. This means that 80.4% of employee performance is influenced by these three factors. The rest, 19.6% is influenced by other factors that are not included in this study.

The study also found that partially, training variables, development, and promotion have a positive and significant influence on employee performance. However, of the three factors, promotion has the most dominant influence on employee performance.

Discussion

The findings of this study provide strong evidence of the importance of training and development programs, as well as promotion as a strategy to improve employee performance at PT Bank Sumut Pusat Medan. The results suggest that structured training and development programs and in accordance with employee needs can increase employee knowledge, skills, and motivation. Promotion of position as a motivator can also provide motivation for employees to continue to grow and improve their performance.

The study also highlights the role of management in supporting performance. Management of PT Bank Sumut Pusat Medan needs to continue to strive to create a positive and supportive work environment, so that employees feel motivated to achieve performance targets.

Conclusion

In conclusion, this research provides strong evidence of the importance of training and development programs, as well as promotion as a strategy to improve employee performance at PT Bank Sumut Pusat Medan. The study's findings can be used as input for the management of PT Bank Sumut Pusat Medan to continue to improve training and development programs as well as a fair and transparent promotion system. This will have a positive impact in improving employee performance and ultimately increasing company profitability.

Recommendations

Based on the findings of this study, the following recommendations are made:

  • Improve Training and Development Programs: PT Bank Sumut Pusat Medan should continue to improve its training and development programs to enhance employee knowledge, skills, and motivation.
  • Promotion System: The bank should establish a fair and transparent promotion system that provides motivation for employees to continue to grow and improve their performance.
  • Management Role: Management of PT Bank Sumut Pusat Medan needs to continue to strive to create a positive and supportive work environment, so that employees feel motivated to achieve performance targets.

Limitations of the Study

This study has several limitations. Firstly, the study only focused on employee performance, and did not consider other factors that may influence performance, such as job satisfaction and organizational commitment. Secondly, the study only used a sample of employees from 11 divisions at PT Bank Sumut Pusat Medan, and may not be representative of the entire bank.

Future Research Directions

Future research should aim to investigate the impact of training and development programs, as well as promotion on employee performance in other contexts. Additionally, research should be conducted to explore the role of management in supporting performance, and to identify other factors that may influence performance.

Conclusion

In conclusion, this study provides strong evidence of the importance of training and development programs, as well as promotion as a strategy to improve employee performance at PT Bank Sumut Pusat Medan. The study's findings can be used as input for the management of PT Bank Sumut Pusat Medan to continue to improve training and development programs as well as a fair and transparent promotion system. This will have a positive impact in improving employee performance and ultimately increasing company profitability.
Frequently Asked Questions (FAQs) about the Effect of Training and Development and Promotion of Positions on Employee Performance at PT Bank Sumut Pusat Medan

Q: What is the main objective of this study?

A: The main objective of this study is to analyze the effect of training and development, as well as promotion of positions on employee performance at PT Bank Sumut Pusat Medan.

Q: What is the sample size of this study?

A: The sample size of this study is 70 respondents who are employees of 11 divisions at PT Bank Sumut Pusat Medan.

Q: What is the data analysis method used in this study?

A: The data analysis method used in this study is multiple linear regression with SPSS version 17.

Q: What are the findings of this study?

A: The findings of this study show that the training, development, and promotion variables are able to explain 80.4% of variations in performance variables. This means that 80.4% of employee performance is influenced by these three factors.

Q: What is the most dominant factor that influences employee performance?

A: The most dominant factor that influences employee performance is promotion.

Q: What are the implications of this study?

A: The implications of this study are that PT Bank Sumut Pusat Medan should continue to improve its training and development programs as well as a fair and transparent promotion system to improve employee performance.

Q: What are the limitations of this study?

A: The limitations of this study are that it only focused on employee performance, and did not consider other factors that may influence performance, such as job satisfaction and organizational commitment. Additionally, the study only used a sample of employees from 11 divisions at PT Bank Sumut Pusat Medan, and may not be representative of the entire bank.

Q: What are the recommendations of this study?

A: The recommendations of this study are that PT Bank Sumut Pusat Medan should:

  • Improve its training and development programs to enhance employee knowledge, skills, and motivation.
  • Establish a fair and transparent promotion system that provides motivation for employees to continue to grow and improve their performance.
  • Continue to strive to create a positive and supportive work environment, so that employees feel motivated to achieve performance targets.

Q: What are the future research directions?

A: The future research directions are to investigate the impact of training and development programs, as well as promotion on employee performance in other contexts. Additionally, research should be conducted to explore the role of management in supporting performance, and to identify other factors that may influence performance.

Q: What are the benefits of this study?

A: The benefits of this study are that it provides strong evidence of the importance of training and development programs, as well as promotion as a strategy to improve employee performance at PT Bank Sumut Pusat Medan. The study's findings can be used as input for the management of PT Bank Sumut Pusat Medan to continue to improve training and development programs as well as a fair and transparent promotion system. This will have a positive impact in improving employee performance and ultimately increasing company profitability.

Q: What are the implications for practice?

A: The implications for practice are that organizations should prioritize training and development programs, as well as promotion to improve employee performance. Additionally, organizations should strive to create a positive and supportive work environment, so that employees feel motivated to achieve performance targets.

Q: What are the implications for future research?

A: The implications for future research are that researchers should investigate the impact of training and development programs, as well as promotion on employee performance in other contexts. Additionally, researchers should explore the role of management in supporting performance, and identify other factors that may influence performance.