Effect of Career Development on Employee Performance in Deloitte Limited, Kenya

Abstract

The importance placed on how employees are valued and rewarded can make a considerable impact on the effectiveness and productivity of staff within the organization and consequently the performance of the organization. Many organizations are suffering from high turnover rates and down falls because they do not apply non-monetary rewards that may only need little effort The current study aimed at determining the effect of career development on employee performance in Deloitte Limited, Kenya. The study adopted a descriptive survey research design by using quantitative research methods. The target population of this study comprised of 500 employees working at Deloitte Limited, Kenya. Out of this, 116 respondents formed the sample size and were selected using stratified random sampling technique. Data collection was carried out using structured questionnaires. The data was analyzed using descriptive and inferential statistics with the help of the Statistical Package for Social Sciences (SPSS). Descriptive statistics included percentages, means and standard deviations represented by way of tables and figures. Inferential statistics included correlation and regression analysis to measure the relationship between the study variables. The study established that career development had a positive and significant effect on employee performance. The results indicated that career development was positively and significantly associated with employee performance. Several aspects of career development were identified as key, that is, training programs, career guidance & mentorship and mobility programs. The study established that career development had a positive and significant effect on employee performance. It recommended that professional services firms should shift more effort on the aspects related to career development. The firms should specifically enhance training programs, career guidance & mentorship and mobility programs.