Abstract:
A lot of companies currently try to take a general look at accepting the initiative of learning
and improving at both employee and organizational levels as a major source of competitive
advantage .In this regard employees are critically important as a great resources to confirm
the companies’ competitiveness. The purpose of this quantitative study was to assess the
effect of factors affecting on employees’ performance in Wegagen Bank. The research
approach applied was quantitative type of research where both descriptive and explanatory
analyses have been deployed. The target population of this study was employees of Wegagen
Bank working in the country dispersed branches. From 3,600 total populations of Wegagen
Bank, 360 employees were selected as the sample size of the study. Random sampling
technique was used to select the branches and individual respondents.
The standardized questionnaires concerning factors affecting employees’ performance, such
as, compensation, leadership, training & development, and job satisfaction were adapted
for this research. Correlation and multiple linear regressions were used to analyze the
relationship and its effect between factors and employees' performance. The regression
results showed that the factors significant contribution for organization and employees’
performance. Moreover, all factors dimensions have significant and positive effect on
employees’ performance. The result conformed that, if employees are satisfied in their jobs
and their demands were maintained, the competitiveness and productivity of the bank
directly and positively related to employees’ performance. Finally, the researcher made
conclusion and recommendation that the mentioned independent variables (compensation,
leadership, training& development and job satisfaction have direct/positive effects towards
employee performance at WB.
