Human Resources Management Practices and Affective Commitment among Financial Industry Employees in Malaysia
Gopal Perumal1, Suguna Sinniah2, Ilangovan Perumal3, Zafir Khan Muhammad Makhbul4, Ramesh Kumar Moona Haji Mohamed5
1Gopal Perumal, FOBAM, SEGi University, Kota Damansara, Malaysia.
2Suguna Sinniah, FOBAM, SEGi University, Kota Damansara, Malaysia.
3Ilangovan Perumal, FOBAM, SEGi University, Kota Damansara, Malaysia.
4Zafir Khan Muhammad, School of Management, Faculty of Economics and Management, University Kebangsaan Malaysia.
5Ramesh Kumar Moona Haji Mohamed, UTAR University, Setapak, Malaysia.
Manuscript received on 27 September 2019 | Revised Manuscript received on 09 November 2019 | Manuscript Published on 22 November 2019 | PP: 284-291 | Volume-8 Issue-6S3 September 2019 | Retrieval Number: F10450986S319/19©BEIESP | DOI: 10.35940/ijeat.F1045.0986S319
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Abstract: Market competition increased difficulty for organizations to hold premium quality workers. This research explores on the human resources management (HRM) practices and affective commitment (AC) among a sample of 384 financial industry employees in Klang, Selangor, Malaysia. The hypotheses were developed by considering the correlation between four key HRM practices (training, career advancement, performance evaluation and rewards) and AC. The findings indicates that the independent variables of career development, training and performance appraisal have a positive and significant relationship with AC, whereas rewards has no correlation with AC. The findings imply that in the Malaysian financial industry needs greater training programmes and effective performance evaluations to increase employees’ performance and commitment.
Keywords: Human Resources Management, Affective Commitment, Malaysian Financial Industry.
Scope of the Article: Human Computer Interaction (HCI)