IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON EMPLOYEE PERFORMANCE IN BANKING SECTOR AT KARACHI, PAKISTAN

Abstract

Purpose: The purpose of this research is to identify the impact of human resource management practices on the performance of employees working in the banking sectors of Karachi, Pakistan. Human Resource Management practices play a major role in developing performance management which increases the performance level of employees that also impacts the employee perception about performance. Methodology: The research type used is explanatory and deductive approach was followed. The data was collected from 25 banks and 310 responses were received by the means of primary quantitative research and Simple random sampling technique in the form of online questionnaire. However the data was analyzed by regression statistical technique. Findings: The results show that Human Resource Management Practices are positively significant with respect to employee performance. While employee performance can become efficient when they are given opportunity to make decisions. Performance appraisal and employee involvement are also found to be significant in relation with employees performance. Implications: The finding ofthis research are likely to help the management of banking industry. Other organizations of banking industry may also benefit from the results of this study. As the banking sector is an economic sector committed to the management offinancial assets for other industries, this study may become very helpful source for theother sectors as well.