Exploring the Reciprocal Relationship between Training and Development and Employee Commitment in Bangladesh’s Pharmaceuticals Industry
Farzana Akter
Southeast University, Bangladesh.
Syeda khadiza Akter
Southeast University, Bangladesh.
Tamanna Nusrat Meem
*
Southeast University, Bangladesh.
Shamima Akter
Southeast University, Bangladesh.
*Author to whom correspondence should be addressed.
Abstract
The pharmaceutical industry is one of the fastest growing sectors in Bangladesh that requires committed and skilled employees to operate successfully. This research investigates the reciprocal relationship of training and development on employee commitment focusing on Allen Meyers scale. A close end structured questionnaire has been used to collect data from 140 executives employed under 14 different pharmaceuticals company of Bangladesh. Convenience sampling method was utilized to conduct an online based questionnaire survey. SPSS version 20 and Smart PLS 4.0 have been used to analyze data and interpret the results. Data reliability and validity have been checked by assessing outer loadings, cross-loadings, AVE, composite reliability, chornbach’s alpha, HTMT matrix, Fornell-Larcker Criterion. Chornbach’s alpha value ranges from 0.728 to 0.810 and AVE value of the variables range from 0.580 to 0.622 shows data reliability. Finding of this research show that training & development has a significant and positive reciprocity as affective commitment and normative commitment in pharmaceutical sector while continuance commitment of the employees is an insignificant reciprocity due to training. T&D has moderate reciprocal effect ( R2 =24%) on affective commitment. Some social and economic factors other than T&D stimulate the continuance commitment as p>.05. The finding reflects the strategic importance of ongoing learning and skills acquisition in enhancing employee retention and performance in an organization. The outcome of this study can help to explore the influential factors of continuance commitment in the said arena. Organizations can initiate some strategic decisions to foster employee commitment towards their organization by identifying the prominent factors.
Keywords: Training and development, affective commitment, continuous commitment, normative commitment, pharmaceuticals industry