F. SULTANA1, M. R. ISLAM2 and R. SARKER3*
1=Fahmida Sultana, Lecturer, Department of Human Resource Management, Jatiya Kabi Kazi Nazrul Islam University, Trishal, Mymensingh-2220, Email: fahmida.ru@gmail.com, 2= Mohammed Rafiqul Islam, Lecturer, Department of Management, Jatiya Kabi Kazi Nazrul Islam University, Trishal, Mymensingh-2220, Bangladesh. E-mail: rafiq.emu618@gmail.com and 3=Rimon Sarker, Assistant Professor, Department of Human Resource Management, Jatiya Kabi Kazi Nazrul Islam University, Trishal, Mymensingh-2220, Bangladesh.
*Corresponding author’s E-mail: rimon.ru89@gmail.com.
ABSTRACT
The study was conducted at the Department of Human Resource Management, Jatiya Kabi Kazi Nazrul Islam University, Trishal, Mymensingh-2220, Bangladesh during June to August 2019to determine the factors which can affect the process of human capital formation in a developing country like Bangladesh. Although the growth of physical capital is relatively important in the progression of economic growth of a country but with the course of time, it is being gradually recognized that the growth of tangible capital depends on the human capital formation. A self-developed questionnaire measured on a 5 point Likert scales and it was distributed among 200 banks employees. Factors analysis has been used to analyze the data and to draw the findings. The reliability of the data was tested by Cronbach’s Alpha test. Correlation test and SPSS 20 versions were used for the analysis of the data. The result provides evidence that there are some important factors such as skills and competencies, formal education and knowledge, organizational training, creativity and innovation capability, job experience have a positive and statistically significant relationship with the human capital formation. Besides, this study provided some directions for the researchers and advised the policy makers, all banks, entrepreneur and investors to concentrate on key variables in this field.
Keywords: Human capital, Skill, Education organizational training and Experience.