The impact of employee training on performance of financial companies in Uzbekistan

Economic Annals-XXI: Volume 213, Issue (1-2), Pages: 94-99

Citation information
Sulaymonov, F., Bakhtiyorov, B., Mustafoeva, D., Saydullayeva, K., Allaberganov, O., & Khudayberganov, Kh. (2025). The impact of employee training on performance of financial companies in Uzbekistan. Economic Annals-XXI, 213(1-2), 94-99. doi: https://doi.org/10.21003/ea.V213-11

Farrukh Sulaymonov
PhD (Education),
Kimyo International University in Tashkent
156 Shota Rustaveli Str., Тashkent, 100121, Uzbekistan
sulaymonovfsh@gmail.com
ORCID ID: https://orcid.org/0009-0002-7904-7831

Babur Bakhtiyorov
D.Sc. (Management),
Associate Professor,
National University of Uzbekistan named after Mirzo Ulugbek
4 Universitet Str., Vuzgorodok, Tashkent, 100174, Uzbekistan
bobur.baxtiyorov91@mail.ru
ORCID ID: https://orcid.org/0009-0009-1246-4746

Durdona Mustafoeva
D.Sc. (Pedagogics),
Tashkent Institute of Irrigation and Agricultural Mechanization Engineers
National Research University
39 Kari Niyazov Str., Tashkent, 100000, Uzbekistan;
Scientific Researcher,
Western Caspian University
31 Istiglaliyyat Str., Baku, AZ1001, Azerbaijan
d.mustafoeva@gmail.com
ORCID ID: https://orcid.org/0009-0007-9602-6887

Kamila Saydullayeva
PhD (Medicine),
Department of Hygiene and Nutrition of Children and Adolescents,
Fergana Medical Institute of Public Health
2A Yangi Turon Str., Fergana, Fergana Region, 150100, Uzbekistan
kamilasajdullaeva499@gmail.com
ORCID ID: https://orcid.org/0009-0006-4717-2469

Ollabergan Allaberganov
PhD (History),
Researcher,
Department of History,
Mamun University
989Q+6V, 2 Bolkhovuz Str., Khiva, Khorezm region, 220900, Uzbekistan
allaberganov_ollabergan@mamunedu.uz
ORCID ID: https://orcid.org/0009-0002-8596-0926

Khudaybergan Khudayberganov
PhD Student (Agriculture),
Urgench State University
4 Kh. Alimdjan Str., Urganch, Khorezm, 220100, Uzbekistan
xudaybergan.x@urdu.uz
ORCID ID: https://orcid.org/0009-0003-5484-5471

The impact of employee training on performance of financial companies in Uzbekistan

Abstract. One of the key factors for the survival of organizations is learning. Organizational learning, in addition to widely emphasizing the use of knowledge to improve the competitiveness and performance of organizations, is also effective in measuring performance. The present study was conducted to investigate the effect of organizational training on performance among employees of financial companies in Uzbekistan. This study is based on an applied purpose and is descriptive and correlational in nature. The statistical population included employees of financial companies working in Tashkent, which were 140 people during the research period (2023-2024), of which 60 were selected by simple random sampling. Two questionnaires on training and organizational performance were used to collect data. Pearson correlation coefficient and SPSS software were used to analyze the data. The results showed that there is a significant and direct relationship between organizational training and organizational performance of financial employees. Therefore, with the efforts of all employees towards modern knowledge management and organizational training, the organization’s performance improves in the areas of empowerment, competence, freedom of action, effectiveness, meaningfulness, trust, and employee environment.

The results of the research findings supported the research hypotheses and were in line with related research. It was also suggested that organizational training should be improved to increase the quality of organizational performance of financial affairs employees.

Keywords: Organizational Learning; Employee Training; Performance; Finical Companies; Knowledge Management; Competence

JEL Classifications: Е24; Е41; Е64; I18; J28; J31

Acknowledgements and Funding: The authors received no direct funding for this research.

Contribution: The authors contributed equally to this work.

Data Availability Statement: The dataset is available from the authors upon request.

DOI: https://doi.org/10.21003/ea.V213-11

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Received 5.10.2024
Received in revised form 28.10.2024
Accepted 4.11.2024
Available online 26.02.2025