📄 Abstract
This study evaluates the effectiveness of employee development strategies on job satisfaction and retention among employees of private sector banks in Punjab. The research explores how structured promotion policies, training and development programs, mentorship, and recognition systems influence employees’ professional growth and organizational commitment. Using a descriptive survey design, primary data were collected from 520 employees across major districts. The findings reveal that most employees hold positive perceptions of their banks’ career growth initiatives, citing enhanced skill development and motivation. However, concerns regarding fairness in appraisals and transparency in promotions persist. The study concludes that continuous improvement in employee development and fair recognition practices significantly contribute to higher job satisfaction and retention, fostering long-term organizational success in Punjab’s competitive banking sector.
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📚 How to Cite:
Rachna Megh, Dr. Neha Yajurvedi , EVALUATING THE EFFECTIVENESS OF EMPLOYEE DEVELOPMENT STRATEGIES ON JOB SATISFACTION AND RETENTION IN PUNJAB'S PRIVATE BANKS , Volume 12 , Issue 10, October 2025, EPRA International Journal of Economics, Business and Management Studies (EBMS) ,