APPRAISING OBSTACLES TO FEMALE CAREER DEVELOPMENT IN BANKS: A STUDY OF SITUATION IN NIGERIAN MONEY DEPOSIT BANKS

Agu Okoro Agu,Eziefule Chinyere Adamma,Obi-Anike Happiness Ozioma

doi:10.24297/ijmit.v11i5.4696

Abstract

The study sought to determine effect of female career development on performance Money Deposit Banks, identify the obstacles of female career development in money deposit banks. The study had a population size of 3152, out of which a sample size of 354 was realised using taro Yamaneâ€™s formula at 5% error tolerance and 95% level of confidence. Instrument used for data collection was primarily questionnaire and interview. Out of 354 copies of the questionnaire that were distributed, 334 copies were returned while 47 were not returned. TheÂ survey research design was adopted for the study. The hypotheses were tested using Pearson chi-square and simple linear regression statistical tools. The findings indicated that Female career development significantly affects performance of money deposit banks (rÂ = 0.766; t =Â 13.191; F= 52.361; p < 0.05) . Glass ceiling, Gender inequality and cultural factor are the obstacles of female career development in money deposit banks (X2c =136.379, > X2t =31.419; p,< .05).The study concluded that women world-wide can be seen joining the workforce in large numbers. Women managers globally are described as having to deal with blocked mobility, discrimination and stereotypes..The study recommended that The equality theory should be adopted in any money deposit banks, and gender issues should be a thing of the past, but employee input shouldÂ Â Â determine their reward system and promotion. In order increase productivity government should empower women and protect their labour rights and the environment through the policies put in place

Highlights

In this 21st century women as well as gender issues have turn into a major area of concern
2 Glass ceiling, Gender inequality and cultural factor are the obstacles of female career development in money deposit banks
The findings reveal that the Glass Ceiling and Women Career Development have a moderate negative relationship, and show that Individual Factors, Organizational Factors and Cultural Factors have a significant effect on Women Career Development whereas Family Factor has effects on the Glass Ceiling

Summary

INTRODUCTION

In this 21st century women as well as gender issues have turn into a major area of concern. There is a tendency for them to give priority to men in terms of employment and promotion, even where women have the same qualifications (Omair, 2008) They found out that majority of women feel there is a lack of networking among businesswomen for exchanging information, discussing issues and seeking advice on common topics. The requirement level for women to achieve in the workplace, is set at a much higher standard, they are required to work harder, be more qualified, more ambitious and competent than their male counterparts (Bryce, 1989) A lack of women in senior positions who mentor and encourage other women is the single most important issue facing women in business (Baker & Mckenzie, 2001) Wage discrimination is another barrier which women face because they do not receive equal pay for equal work. Other common obstacles include the failure of upper level managers to be accountable for the development and advancement of women, inadequate appraisal and compensation systems, inflexibility in defining work schedules, and the absence of programs that help employees balance work and non-work responsibilities

What are the obstacles of female career development in money deposit banks?

Methodology

Findings

Conclusion