Factors Affecting Career Progression of Female Management Employees in Banking Sector

Abstract

The main objective of this study is to investigate the variables influencing the career development of female management personnel in Bangladesh's banking industry. The study was focused on four separate research goals: determining how management views women's career advancement; determining whether juggling work and family obligations has an impact on female employees' career advancement; examining the influence of bank policies and practises on women's career advancement; and developing a framework for the professional advancement of female employees in Bangladesh's banking industry. The research design adopted by the study was descriptive. Both primary and secondary data were gathered using survey questions and thorough literature reviews, respectively.

SmartPLS 3.0 was used to analyse the information gathered. Following the study's findings, it was determined that the discussed criteria have an effect on how far female bankers can advance in their careers.  Women must have strong female leadership, network development, and female role models if they are to advance in their careers across all industries, not just the banking industry. The study makes a contribution by outlining the significant challenges impacting the career advancement of female employees in Bangladesh's banking industry, which might be useful in developing policies that are supportive of female bankers. Additional research on this topic can focus on various industries, such as state-owned banks, the public sector, the business sector, educational institutions, and so forth.  The current study would contribute towards the existing knowledge through the utilization of under study variables, theoretical framework, and geographical coverage in business and management studies.

Keywords: Career progression, banking sector, female bankers, work life balance.

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