Impact of Individual Career Planning On Employee Career Development: A Study of Banking Sector of Karachi.

Hyper competition and forthcoming challenges are need of emerging economies. The notion of empowering the human resource capital appears to be the basic requirement of globalizing economies, therefore adequate planning of careers tends to pave a secure path. Moreover, employee career development is equally significant for both the employer and employee. In order to be successful an organization must ensure timely development of its personnel in accordance with timely governed changes. Contemporarily succession planning has resulted as a significant postulate of career developmental practices. This paper enquires the influence of individual career planning on employee career development particularly. The banking sector of Karachi was considered as the target market. SPSS correlational and linear regression analysis was considered to study the statistical characteristics. A sample of 190 participants was brought under consideration which elaborated an insignificant relationship amongst both the variables. Moreover, discussion and testimonials were made in order to advocate the evidence.