2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
30th December 2015, 05:52 PM
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Re: Human Resource Policy Of State Bank Of India

Hello sir, I want know about the main work of human resource policy of state bank of India? Is there any one can tell me about the Human Resource Policy of State Bank of India?
  #3  
30th December 2015, 05:52 PM
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Join Date: Apr 2013
Re: Human Resource Policy Of State Bank Of India

State bank is India’s largest PSU bank. This bank was looking forward to an HR policy. The transfer policy of state-owned banks is driven by a consensus between the senior management and the union. There is no cash reward awarded as incentive for deserving employees.

The senior management wants an updated HR policy which would allow them to hire professionals at mid-level.

The HRM policies and practices have been discussed here separately for the selected public and private sector commercial banks under the following heads:

Selection and Recruitment
Promotions
Compensation
Training and development

State Bank of India, the country’s largest PSU bank is looking forward to an HR upheaval. This could change the way the company hires, promotes and transfers its employees.
The bank is hoping that if not for core banking positions, mid-level hiring should be allowed for other specialised functions, such as economic research, analytics, credit and risk management, human resources and information technology.
State Bank of India employs more than 2.3 lakh people across its branches.


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