The Effects of Training to the Employee Performance and Development: A Study of Fareast Islami Life Insurance Company Limited, Bangladesh

Md. Shahinur Hassan; Md. Mizanuzzaman; K. M. Anwarul Islam

doi:10.46281/ijbmf.v4i2.785

Md. Shahinur Hassan BOU https://orcid.org/0000-0002-8596-8840
Md. Mizanuzzaman Z. H. SUST https://orcid.org/0000-0002-7868-0486
K. M. Anwarul Islam TMU https://orcid.org/0000-0002-5305-6724

DOI: https://doi.org/10.46281/ijbmf.v4i2.785

Keywords: Effects, Training, Development, Employee Performance, Islami Life Insurance.

Abstract

Fostering more efficient capital allocation; encouraging loss mitigation; enabling risk to be managed more efficiently; helping mobilized savings; facilitating trade and commerce; substituting for and complementing government security programs and promoting financial stability insurance company plays a vital role to a country's economy. Despite prolonged political instability, poor infrastructure, endemic corruption, insufficient power supplies, and slow implementation of economic reforms Bangladesh's economy has grown by approximately 6 percent annually for two decades. In this case, the insurance companies of Bangladesh have been keeping a significant role for a long since. Considering the enhancement of the development of insurance sectors, different institutes and academics have been established. But those are inadequate for the fulfillment of developing this industry and manpower also. So, regarding this context, I select the matter of The Effects of Training & Development of Performance: A Case Study of Fareast Islamic Life Insurance Ltd. This study is conducted to Fareast Islamic Life Insurance Head Office and its five branch offices. Identification of the improvement of manpower and their occupational development and how they can contribute to their organization is the main issue of this study.

Author Biographies

Md. Shahinur Hassan, BOU

Commonwealth Executive MBA (CEMBA) Programme, Bangladesh Open University, Bangladesh

Md. Mizanuzzaman, Z. H. SUST

Deputy Controller of Examinations, Z. H. Sikder University of Science and Technology, Bangladesh

K. M. Anwarul Islam, TMU

Associate Professor, Department of Business Administration, The Millennium University, Dhaka, Bangladesh and PhD Candidate, University of Selangor, Malaysia

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