CAREER BARRIERS FACED BY WOMEN IN ADVANCING TO THE HIGHER POSITION IN THE BANKING SECTOR AT KARACHI,

Abstract

Purpose: The fundamental objective of the research was to examine the components affecting the career advancement of women in banking sector, Karachi. The research contain the following objectives: to determine the amplitude to which age prevail women career advancement in banking sector; to estimate the extent to which gender alter women career advancement in banking sector in Karachi; to study the level to which education affects career advancement of women in banking sector. Methodology: The method used in the study focused on selected branches of Banks located in Karachi. There were two respondents from each of the bank branches, the branch manager and another senior bank official, of the opposite sex from the branch manager. A semi-structured questionnaire was used to compile elementary statistics from the respondents. Moreover, the researcher used Cronbach’s alpha, one way Anova and Tukey to present information pertaining to the study objectives. Findings: The research of the study demonstrates that majority of the respondents either agreed or strongly agreed that independent factors: age; gender issues; peculiar skills, regime, hard work, stature and achievement affect career advancement of women; and inadequacy of women regarding their fortitude and their proclivity to be more self-analytical than men prohibit their career growth in the banking sector in Karachi. The research also shows that the ranking of the factors affecting career amelioration of women in the banking sector, show as follows: Individual’s age was rated number one, women inadequacy regarding their fortitude and their proclivity to be more self-analytical than men prohibit their career growth was rated number two, Individual’s level of education was rated number three, the gender issue was rated number four, and the last rated was Individual’s skills, tenure, hard work, reputation and performance. Implication: The result shows that the personal factor is the biggest hurdle in the women growth are personal than comes the interpersonal factor and lastly comes the organizational factor