This research intends to investigate the relationships of employees’ development , empowerment, and leadership style, with employees’ ‘trust in their managers’ in Union Capital in Bangladesh. It is a correlational study aimed to measure the correlationals among the study variables such as employee’s development, empowerment, ledership quality of employer, and employees’’trust in their managers’. There will be two different samples for this study. One of these samples will be the employess of Union Capital and another will be the services who are taking from it. In both the cases the resaerchers will distribute 25 questionarries among the respondents. The correlational study and step wise regression will be employed in this study for data analysis.
This research intends to investigate the relationships of employees’ development , empowerment, and leadership style, with employees’ ‘trust in their managers’ in Union Capital in Bangladesh. It is a correlational study aimed to measure the correlationals among the study variables such as employee’s development, empowerment, ledership quality of employer, and employees’’trust in their managers’. There will be two different samples for this study. One of these samples will be the employess of Union Capital and another will be the services who are taking from it. In both the cases the resaerchers will distribute 25 questionarries among the respondents. The correlational study and step wise regression will be employed in this study for data analysis.
This research intends to investigate the relationships of employees’ development , empowerment, and leadership style, with employees’ ‘trust in their managers’ in Union Capital in Bangladesh. It is a correlational study aimed to measure the correlationals among the study variables such as employee’s development, empowerment, ledership quality of employer, and employees’’trust in their managers’. There will be two different samples for this study. One of these samples will be the employess of Union Capital and another will be the services who are taking from it. In both the cases the resaerchers will distribute 25 questionarries among the respondents. The correlational study and step wise regression will be employed in this study for data analysis.
This research intends to investigate the relationships of employees development ,
empowerment, and leadership style, with employees trust in their managers in Union Capital in Bangladesh. It is a correlational study aimed to measure the correlationals among the study variables such as employees development, empowerment, ledership uality of employer, and employeestrust in their managers. There will be two different samples for this study. !ne of these samples will be the employess of Union Capital and another will be the services who are ta"ing from it. In both the cases the resaerchers will distribute #$ uestionarries among the respondents. The correlational study and step wise regression will be employed in this study for data analysis. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 2 1.0 Introduction Union Capital Limited (UCL) is one of the largest investment banks and fastest growing financial institutions in Bangladesh. Previously, it was known as Peregrine Bangladesh which had its origins and businesses rooted in Hong ong. !ut of the local office of the erstwhile Peregrine "a#ital $imited of Hong ong, %nion "a#ital $imited, &haka emerged in early 1''( as a Bangladesh)based com#any led by a grou# of the foremost entre#reneurs of the country. %nion "a#ital, within a short s#an of time, has #roved its worth as a most forward)working vigorous organi*ation achieving success with its wide international network and strong local base. Accodring to the management of %nion "a#ital $imited they earned handsome amount of #rofit in first #hase of their o#eration. But, after +00, they had a dro# in #roft earning and the situation became more worse when they started to incure losses in +00- and +00(. .o#)level management of %"$ believes that low #erformance of the em#loyees/ are the main reason behind this. But in #revious study 0Baruch, &olan, Harel, and . *afrir, +0012 identified that the higher the level of em#loyee develo#ment, the higher the level of em#loyees/ trust in their managers as a result an organi*ation can #erform better day by day. .o maintain high level of #erformance of em#loyee it is essential for an organi*ation to conduct research in the area of management develo#ement, a##roaches of leaders, and em#owerment. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 3 1.1 3tatement of the Problem .he #ro#osal intends to investigate whether there are relationshi#s among employees development , empowerment, and leadership style of employer with employees trust in their managers in Union Capital %imited in Bangladesh. In the earlier study 0Baruch, &olan, Harel, and . *afrir, +0012 conducted in Israel reveals that that em#loyee develo#ment would be #ositively correlated to em#loyees/ trust in their managers. In conte4t of Bangladesh, no such studies were carried on this to#ic. 1.+ Pur#ose of the 3tudy The purpose of the study is to present and test a model that identifies the impact of the communication among the management, leadership style, and development of empolyees with the relationship between employees trust in managers. 5m#loyee develo#ment is crucial for the growth and #ros#erity of any business as em#loyees are one of the determining factors for the success of the com#any. .he more ca#able and 6ualified the em#loyees the better the #erformance of the com#any. 7hen they are well trained, they can easily handle situations, #lease customers ensuring customer retention as well as resolve any glitches easily without much ado. 7hen the com#any and the manager shows interest in em#loyee develo#ment, the em#loyee naturally has a greater interest in the com#any8s develo#ment and their trust on their manager increases 09am#el et al., 1'(,2. $eadershi# is the most discussed but least understood as#ect of management, an effective leadershi# style is essential to motivate and ada#t a team when changes come along, #roviding ins#iration in the face of high)#ressure situations and adversity. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 4 Previous study shows that managers have to have an effective leadershi# style to gain trust of em#loyees. :or some, there is little to distinguish between 8manager8 and 8leader8, but as Professor ;ohn Adair wrote< =!ur #osition as a manager is confirmed by the organi*ation, but our role as a leader is ratified in the hearts and minds of those whom we lead.= .eam members will look to their leader to see whether their behavior indicates that they will deliver on goals and #romises. 5m#loyee em#owerment hel#s em#loyees own their work and take res#onsibility for their results. It is the state of feeling self)em#owered to take control of one8s own destiny. 5m#owerment rules as a develo#ment strategy, it affects the #erformance of em#loyees and built their trust on their managers as managers/ shows their trust on em#loyees by em#owering them. &egeneration of trust in management is a #roblem for both em#loyees and management. But for the betterment of organi*ation em#loyees trust on their manager is very vital. 0>and, 1'-+2 ?anager needs to show trust of em#loyees. 5ventually em#loyees will learn to reci#rocate. 05arley 1'(@2 ?anagers need to listen to their em#loyee and let them know that they8ve been heard. 5m#loyees become distrustful when they sense that their views are not being heard. ?anagement needs to acknowledge em#loyee suggestions by acting on them and letting all know that they did so. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 5 +.0 9eveiw of $iterature 2! Employee development .rust evolves out of #rior #ositive interactions between actors and by the feelings of confidence and security, which those relationshi#s create 09am#el et al., 1'(,2. .hus em#loyee develo#ment is e4#ected to create a sense of certainty, enhance em#loyability and faith in management. Among its #ositive outcomes, this investment increases em#loyability for the individual em#loyee 07aterman et al., 1''A2. As early as the 1'@0s, .annenbaum and &avies 01'@'2 associated develo#ment and em#loyee develo#ment with the creation of trust. 7e would view investment in training and develo#ment as clear evidence of a trust creation mechanism. .his will result in the emergence of a global belief concerning the e4tent to which managers and their organi*ations value and care for em#loyees/ well)being 05isenberger et al., 1'(@2. .ransactional e4change in this case is manifested by high investment in human ca#ital. It would be difficult or unsettling to betray your organi*ation if it made such an investment. ?oreover, this continuous #rocess reinforces the generation of mutual trust. .herefore, we #redict a #ositive relationshi# between managers/ trust and em#loyees/ develo#ment. 22 Empowerment 5m#owerment in an organi*ational conte4t can be viewed as a set of conditions necessary for intrinsic task motivation 0"onger and anungo, 1'((2. It can also be seen as a set of motivational techni6ues, contrasting traditional #aradigms such as .aylorism which is #redominantly based on strong managerial control, first stated by Plato some +,A00 years ago 0"lemense and ?ayer, 1'(-2. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 6 .he em#owering leader/s role is to show trust, #rovide vision, remove #erformance)blocking barriers, offer encouragement, motivate, and coach em#loyees. ?ore and more managers are being advised that effective leaders share #ower and res#onsibility with their em#loyees. 5m#owerment is reflected in delegation of #ower to make decisions at lower organisational layers, though em#owerment means more than merely delegation 0?alone, 1''-2. 5m#owerment is concerned with trust, motivation, decision making, and basically, breaking the inner boundaries between management and em#loyees as BthemC and BusC 0$iden and .ewksbury, 1'',2. ?ishra and 3#reit*er view em#owerment as reflecting a B#ersonal sense of control in the work#lace as manifested in four beliefs about the #erson)work environment relationshi#C 0?ishra and 3#reit*er, 1''(, #. ,--2< 012 Meaning D refers to an individual e4#eriencing his task as im#ortant, valuable, and worthwhile 0Hackman, 1'(-2. 0+2 Competence D .homas and Eelthouse 01''02 defined it as the #rocess of enabling #eo#le to be confident in their ca#acity to make choices over work #rocesses. 012 Self-determination Breflects a sense of freedom about how individuals do their own workC 0?ishra and 3#reit*er, 1''(, #. ,--2. 0A2 Impact D when an em#loyee #roduces work that is significant and im#ortant for an organi*ation. .hese four com#onents are reflected in H9? #ractices such as delegation of decision)making to the rank and file, enriching the diversity of com#etencies, and creating o##ortunities for challenging Fobs. Adam 3mith 01'(+2 argued in .he .heory of ?oral 3entiments, that the moral basis of individual e4istence is the need for recognition and consideration on the #art of others. Peo#le need attention, sym#athy and a##robation 03ligman, 1''-, #. (02. In #art they will e4#ect Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 7 it from their organi*ation, as #art of the set of mutual e4#ectations develo#ed to maintain ccommitment and its #ositive outcomes 03teers, 1'--2. .he #rocess of em#owerment is an e4change #rocess, where managers share #ower with their subordinates, and in return e4#ect to gain increased #erformance. An added value of the em#owerment #rocess is the increase in em#loyees/ trust in their managers 0;ones and George, 1''(2. 2" #rust Building trust within organisations, in #articular within the conte4t of dyad relationshi# between em#loyees and their managers, is crucial for effective o#eration of the firm. ;ung and Avolio 0+0002 suggested that transformational leaders may build trust by demonstrating individualised concern and res#ect for followers. ?oreover, scholars have shown that inter#ersonal trust bears significantly on such variables as #roblem)solving 0>and, 1'-+2, #erformance 05arley, 1'(@2, citi*enshi# behavior 0?cAllister, 1'',2, co)o#eration 0A4elrod, 1'(A2, and communication 09oberts and !/9eilly, 1'-A2. :or e4am#le, Gould)7illiams 0+0012 using data collected from % local government em#loyees found that systems trust is the most significant #redictor for #erceived organisational #erformance. .here have been a number of attem#ts to define trust in the organisational literature 0?ayer et al., 1'',H 9ousseau et al., 1''(2. 9obinson 01''@, #. ,-@2 #rovides a working 2$ %e&inition o& trust !ne/s e4#ectations, assum#tions, or beliefs about the likelihood that another/s future actions will be beneficial, favorable, or at least not detrimental to one/s interests. 3everal as#ects of this definition call for elaboration. :irst, trust is a social #henomenon 0Blau, 1'@AH $uhamann, 1'((H Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 8 3*tom#ka, 1'''H >and, 1'-+2. 3econd, trust is based on the e4#ectation that another individual will act benevolently towards one 0?ayer et al, 1'',2 based on history e4#eriences 0;udith, 1''@2. .hird, this definition e4#licitly recogni*es the relationshi# between trust and risk 0>and, 1'-+2. An overwhelming body of literature has em#hasi*ed the im#ortance of #ositive interaction between #arties, which increases the level of trust 0Butler, 1'(1H ramer and .yler, 1''@H $ewicki et al., 1''(H ?ayer et al., 1'',H 3aunders and .hornhill, +001H 7hitney, 1''AH >and, 1'-+2. .he trust cycle reflects a self)strengthening mechanism, as &eutsch 01'@+2 mentions, by establishing a B#rimitive interde#endenceC and co)o#eration. "ommon beliefs as well as research findings suggest that a climate of #ositive trust enhances business #erformance and that the greater the amount of trust, the more efficient and effective the #erformance of em#loyees and organi*ations will be 0!uchi, 1'(1H 3haw, 1''-2. .rust has been identified as an im#ortant com#onent that makes mutual gains and bargaining successful 0:riedman, 1''12, a #rere6uisite for the im#lementation of a successful organi*ational #roductivity method 03avage, 1'(+2, increasing grou# #erformance 0limoski and arol, 1'-@2 and reducing em#loyee turnover 0?ishra and ?orrissey, 1''02. 7hile many recent books and scientific #a#ers #ay increased attention to the #ositive and significant influence of emerging H9? #ractices on organi*ational #erformance 0&elaney and Huselid, 1''@H 3haw et al., 1''(2, still very little is known about how these emerging H9? roles are associated with trusting behaviour. 3ome theoretical and em#irical research related to trust attem#ts to take H9? #ractices into account 0?orrison, 1''@H 7hitener et al., 1''(2 but they fail to develo# a com#rehensive model of the conse6uences of human resource #ractices on trust. In numerous recent #ublications, 3chuler and his colleagues #ro#ose that one of the growing challenges for human resource #ractices is to build a #ositive cycle of trust in the organi*ation 03chuler, 1''+H 3chuler et al., +0012. 5ffective Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 9 use of H9? #ractices, which leads to increased #rocedural Fustice, greater o#en communication, and em#owerment, will increase em#loyees/ trust in their managers 0Barney and Hansen, 1''AH Gould)7illiams, +001H 3chuler, 1''+H >effane and "onnell, +0012. Armstrong)3tassen 0+00+2 in a three)year longitudinal #anel study found Bthat the #ractice of designating em#loyees redundant has an adverse effect on Fob satisfaction, organisational trust and commitment during the downsi*ing #eriodC. ?ayer and &avis 01'''2 found that im#lementing a new #erformance) based recognition and rewards system leads to a significant increase in trust in to# management. Guest and "onway 0+0002 e4#lain how innovative H9? #ractices have contributed to #erce#tions of trust. Along similar lines, &olan et al. 01''(2 re#ort that an e4amination of the core H9 values of some -, leading %3 and 5uro#ean organisations as communicated via their res#ective 7eb #ages, often included the conce#t of trust and o#en communication 0for a ty#ical 7eb)based H9, trust emerged as an emergent core value D see the H9? de#artment at "ornell %niversity< www.ohr.cornell.eduIohrIsu##ortIsu#-'Jcoreval#rinc.html2. .o reca#itulate, the social e4change theory com#lements the resource)based view by #roviding a dynamic #ers#ective. 54change theory looks at trust as an essential tool for achieving a stable social relationshi# 0Blau, 1'@A2. Parties to the organi*ational relationshi# e4#ect some return on their contribution but the nature and timing of that return is uns#ecified 0onovsky and Pugh, 1''A2, and de#ends on the conte4t in which they o#erate 0ollock, 1''A2. 3ocial e4change theory suggests that there is an e4#ectation of some uns#ecified future returns, which is based on the individual trusting that the other #arties to the e4changes will discharge their obligations fairly in the long run 0Holmes, 1'(12. .his #ers#ective hel#s us identify when, and under which conditions of successful social e4changes, an organi*ation is likely to achieve all four criteria for sustained com#etitive advantage. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 10 2' Leadership (tyle $eadershi# style is the manner and a##roach of #roviding direction, im#lementing #lans, and motivating #eo#le. urt $ewin 01'1'2 led a grou# of researchers to identify different styles of leadershi#. .his early study has been very influential and established three maFor leadershi# styles. .he four maFor styles of leadershi#< Authoritarian or autocratic Partici#ative or democratic &elegative or :ree 9eign K .ransformational. .here are so many a##roaches to lead a #erson but as a researcher we think that transformational leadershi# is the best way to im#rove the management 6uality and good way to go more close to the organi*ation goal. .his theory was develo#ed by Burns 01'-(2 and later enhanced by Bass 01'(,, 1''(2 and others 0Avolio K Bass, 1'((H Bass K Avolio, 1''AH Bennis K Lanus, 1'(,H .ichy K &evanna, 1'(@2. .he maFor #remise of the transformational leadershi# theory is the leader/s ability to motivate the follower to accom#lish more than what the follower #lanned to accom#lish 0rishnan, +00,2. Burns #ostulated that transformational leaders ins#ire followers to accom#lish more by concentrating on the follower/s values and hel#ing the follower align these values with the values of the organi*ation. :urthermore, Burns identified transformational leadershi# as a relationshi# in which the leader and the follower motivated each other to higher levels which resulted in value system congruence between the leader and the follower 0rishnan, +00+2. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 11 .ransformational leadershi# has been associated with the #ersonal outcomes 0Hatter K Bass, 1'((H Barling, ?outinho, K elloway, 1''(H irk#atrick K $ocke, 1''@2 of the follower as well as organi*ational outcomes 0Boerner, 5isenbeiss, K Griesser, +00-H >hu, "hew, K 3#angler, +00,H ;org K 3chyns, +00AH Barling, 7eber, K elloway, 1''@H Howell K Avolio1''12. 9esearch has shown that transformational leadershi# im#acts follower satisfaction 0Hatter K BassH oh, 3teers, K .erborg, 1'',2 and commitment to the organi*ation 0Barling et al., 1''@H oh et al.2. 9esearch has also shown that transformational leadershi# im#acts em#loyee commitment to organi*ational change 0Mu, $eithwood, K ;ant*i, +00+2 and organi*ational conditions 0$am, 7ei, Pan, K "han, +00+2. &ue to its im#act on #ersonal and organi*ational outcomes, transformational leadershi# is needed in all organi*ations 0.ucker K 9ussell, +00A2. &.' (esearch )uestions .his study #ro#oses to investigate the following 6uestions< 1. Is there any significant relationshi# between em#loyees/develo#ment and em#loyees/trust in managers in conte4t of %nion "a#ital in BangladeshN +. Is there any significant relationshi# between em#owerment and em#loyees/trust in managers in conte4t of %nion "a#ital in BangladeshN 1. Is there any significant relationshi# between leadershi# style and em#loyees/ trust in managers in conte4t of %nion "a#ital in BangladeshN Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 12 *.' +yppothesis .he hy#othesis which can be stablish from the research 6uestions are< 1. .here is a significant relationshi# between em#loyees/develo#ment and em#loyees/trust in managers in conte4t of %nion "a#ital in Bangladesh. +. .here is a significant relationshi# between em#owerment and em#loyees/trust in managers in conte4t of %nion "a#ital in Bangladesh. 1. .here is a significant relationshi# between leadershi# style and em#loyees/ trust in managers in conte4t of %nion "a#ital in Bangladesh. $.' ,evelopment of Conceptual -ramewor" .mployees ,evelopment .mpowerment %eadership /tyle .mployeestrust in managers Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 13 0.' !perational ,efination ?easured Ealue !#erational &efination 5m#loyees/&evelo#ment 7ill be o#erationally defined by 3im et al. 01'''2 5m#owerment 7ill be o#erationally defined by "arr and #earson 0+00A2 $eadershi# style 7ill be o#erationally defined by Een and ferry 0+0002 5m#loyees/trust in managers 7ill be o#erationally defined by Pearson 01''@2 1.' 2ethodology )! *esear+h design .he gra#hical re#resentation of the #ro#osed framework de#icted the #attern and structture of relationshi# among the set of the measured variables. .he #ur#ose of the study is to measure correlations among the variables. .he #resent study will investigate the relationshi# between these following factors such as< em#loyees/devel#oment, em#owerment, and leadershi# style with the em#loyees/trust on managers within the conte4t of %nion "a#ital $imited in Bangaldesh. Here, em#loyees/develo#ment, em#owerment, and leadershi# style considered as the inde#endent varibales and em#loyees/trust on managers are being considered as de#endent varibales. .his research will use a correlational study to establish the e4istence of the relationshi#s between the measured variables. In this research, the researchers only want to identify whether any Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 14 relationshi#s e4ists between these measured varibales or not. "orrelational study #rovides a measure of degree between two more variables. .herefore, the #resent study will be characteri*ed as a correlational study. )2 (ampling method .here will be two different ty#es of #o#ulation for this study. :or this #ro#osed study the first #o#ulation will be the em#oyees/of %nion "a#ital $imited in &haka city. .he sam#ling frame for the research would be offiicial register of the em#loyees. .he researchers will use the systematic sam#ling to collect the sam#le for this study. In most of the #revious researhs conducted the researchers had used this ty#e of sam#ling 0Piercy, 1'',H "alleya K "aruna, 1''(2. According to 0$evin K 9ubin, 1''(2 in systematic sam#ling, elements are selected from the #o#ulation at a uniform interval that is measured in time, order or s#ace. "o##er and 3chinder 01''(2 su##orts this by stating that the maFor advantage of systematic sam#ling is its sim#licity and fle4ibilty.Becasue of the time limitation researcher is willing to use a sam#le si*e of +00 where the #o#ulation si*e is @00. Hence, researchers will #ick every 1rd name from the em#loyee register to come u# with the sam#le si*e of +00. .he researher willuse convenience sam#ling to collect second sam#le. In Bangladesh it is very difficult to find out a sam#ling frame to collect sam#le from the customers. It is also very difficult to find out the customers of banks for face to face interview and most of them may be inconvenient for researchers. In most cases sam#le si*e +00)100 03ouchan, .hirkell K .oo, +000H :eick K $ee, +0012. In this research the researhcer will also use a sam#le si*e of +00 because of the time limitation. Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 15 )" (urvey ,nstrument .o gather data researcher will use structered 6uestionarries. .he 6uestionarries survey is the most effective method for this study to collect data. .he 6uestionarrie will be divided into four sections. 5m#loyee/s develo#ment will be measured using 1- 0 3ection 1, Ouestions 1)1-2 items develo#ed by 3im et al. 01'''2. 5m#owerment will be measured using , 0 3ection +, Ouestions 1-)++2 items develo#ed by "arr and #earson 0+00A2. $eadershi# style will be measured using 1 0 3ection 1, Ouestions ++)+,2 items develo#ed by Een and ferry 0+0002. 5m#loyees/trust on managers will be measured using A 0 3ection A, Ouestions +,)102 items develo#ed by by Pearson 01''@2. )$ Pilot test -uestionnaire .he researchers intend to conduct a #retest to evaluate the 6uestionarries for clarity bias ambiguous 6uestions and relevance to organi*ational setting of %"$. According to "o##er and 3chindler 0+0012, a grou# si*e of #ilot testing may vary from +,)100 re#ondents. .herefore, the researchers will select +, em#loyees from %"$ and +, customers from convenient #lace to conduct the #ilot survey. .he researchers will use ,0 res#ondents in #ilot survey because of the time limitations. )' %ata Colle+tion Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 16 .he #resent research is a un6ue one for %"$. Altough it is a uni6ue one , secondary sources of data will be avaibale for this study. However, researchers will also go for #rimary data to investigate the research 6uestions. .o collect data from the #rimary resources, the researchers will use 6uestionarrie survey method. 1.0 %ata .nalysis .he #ro#osed study is a correlational study. As a result, after collecting the data the researchers will use correlational matri4 to identify whether relationshi#s e4ist between the measured variables or not. .he researchers are interested to find out whether the conce#tually newer measured variables add anything to the de#endent variables com#ared to older variables. 3tevens 01''@2 stated that if an investigator wishes to determine whether some conce#tually newer measures add anything to the de#endent variable com#ared to the older, it is a##ro#riate to use ste# wise regression. Hence, ste#wise regression will be the most effective tool to analy*e the data to find out whether the conce#tually newer measured variables add anything to the de#endent variables com#ared to older variables. :or this research to run regration 3P33 version 1- will be used as the statistical data tool as it offers greater fle4ibilty in data analysis and visuali*ation. 3.' %imitations of the /tudy Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 17 .his #resent study is limited by number of factor. .he sam#le #o#ulation is limited by interms of its si*e and com#usition. :or the customer survey, the researcher will have to select convenient sam#ling which is a non)#robablty sam#ling rather than any #robability sam#ling. .here are many other factors which can influence the inde#endent variables e.g. develo#ment of the em#loyees/, em#owerment, and level of education but the researcher will not consider those beacuse of the sim#licity of the research. 4.' /ignifcance of the /tudy ?anagement develo#ment, effective leadershi# style,and em#loyee em#owerment recogni*ed as a corenerstone of business success and effective tool for the management to construct a better #erformance for an organi*ation by increasing em#loyees/ trust in thier managers. .he study is the first em#erical research in Bangladesh to test the relationshi# between employees development , empowerment, and leadership style, with employees trust in their managers using structural euation modeling, so it will contribute a lot to %nion "a#ital $imited and also other com#anies in Bangladesh. ?ore over this study will not only increase the understanding of the com#le4ities surrounding employees trust in their managers but also it will e5plore and define the relationship between employees development , empowerment, and leadership style, with employees trust in their managers. 6gain this research may encourage futher study and useful guidelines for these types of research. 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Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 23 A##endi4 9esearch Ouestionnair for 5m#loyees Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 24 :ollowing are some 6uestions which will measure manager/s leadershi# style, em#loyees trust on their managers, 5m#loyee/s em#owerment, and em#loyee/s develo#ment in conte4t of %nion "a#ital $imited. "ircle one number #er statement using the following scale. 78 /trongly ,isagree *8 6gree #8 ,isagree &8 9either ,isagree nor 6gree $ 8 /trongly 6gree %eadership style 01. ?anager always takes vote from em#loyer whenever a maFor decision has to be made 1 + 1 A , 0+. 7hen things go wrong and manager need to create a strategy to kee# a #roFect or #rocess running on schedule, manager call a meeting to get em#loyee8s advice. 1 + 1 A , 01. 7hen em#loyees makes a mistake manager tell em#loyees not to ever do that again and make a note of it. 1 + 1 A , 0A. ?anager always creates an environment where the em#loyees take ownershi# of the #roFect. ?anager allow em#loyees to #artici#ate in the decision making #rocess. 1 + 1 A , 0,. ?anager asks em#loyees for their vision of where they see their Fobs going and then use their vision where a##ro#riate. 1 + 1 A , 0@. ?anagers think em#loyees can lead themselves Fust as well as they can. 1 + 1 A , 0-. ?anager asks for em#loyee ideas and in#ut on u#coming #lans and #roFects. 1 + 1 A , 0(. ?anager always tells em#loyees what has to be done and how to do it. 1 + 1 A , Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 25 .mployees Trust 0'. 3enior management does a good Fob of e4#laining the reasons behind im#ortant business decisions. 1 + 1 A , 10. 3enior management does a good Fob of confronting issues before they become maFor #roblems. 1 + 1 A , 11. I trust management to always communicate honestly. 1 + 1 A , 1+. I believe my organi*ation as a whole is well managed. 1 + 1 A , 11. 3enior management communicates a clear vision of the future direction of my organi*ation. 1 + 1 A , 1A. 3enior management does a good Fob of establishing clear obFectives. 1 + 1 A , .mployee empowerment 1,. If I have #roblem I can s#eak directly to management. 1 + 1 A , 1@. I take initiatives at work 1 + 1 A , 1-. ?anagement is good e4am#le to em#loyees 1 + 1 A , 1(. ?anagement tries to solve my work related #roblem. 1 + 1 A , 1'. I am rewarded for work well done 1 + 1 A , +0. I know which work I should com#lete every day. 1 + 1 A , .mployees development Employees development , empowerment, leadership style, in a reationship with employees trust in their managers 26 +1. 3u#ervisor8s efforts to identify your strengths and weaknesses 1 + 1 A , ++. .he 6uality of orientation and training received for your current #osition in the com#any 1 + 1 A , +1. ?anagers #rovide su##ort for my efforts to im#rove my weaknesses. 1 + 1 A , +A. .here is a consistent and e6uitable system of rewards 1 + 1 A , +,. .here is a #ositive recognition by your immediate su#ervisor 1 + 1 A ,