Main prin­ci­ples defin­ing HR pol­icy

Banking Frontiers - - Hr Policies & Practices -

Ma­ha­balesh­wara MS:

The hu­man re­source man­age­ment (HRM) pol­icy at Kar­nataka Bank is cen­tered around the prin­ci­ple of treat­ing hu­man re­sources as an in­valu­able as­set and thus ‘as­set op­ti­miza­tion’ as­sumes sig­nif­i­cance. It pro­poses to de­fine the con­cep­tion and value of the bank on how peo­ple and things should be treated. It in­tends to serve as a ref­er­ence point when hu­man re­sources man­age­ment prac­tices are be­ing de­vel­oped or when de­ci­sions are be­ing made about peo­ple. The pol­icy is re­viewed pe­ri­od­i­cally, so as to re­main rel­e­vant.

Papia Sen­gupta:

With op­er­a­tions in 24 coun­tries, Bank of Bar­oda’s HR poli­cies and pro­cesses are aimed at all-round devel­op­ment of tal­ent with the ob­jec­tives to in­sti­tu­tion­al­ize the global best prac­tices in HR. We aim to un­der­take or­ga­ni­za­tional re­newal and bring about marked changes in the mind­set of em­ploy­ees at all lev­els. We also aim to cre­ate a pool of en­tre­pre­neur­ial man­agers and busi­ness lead­ers for the fu­ture.

V Ramesh:

Con­tin­u­ous enhancement of ca­pa­bil­i­ties of all em­ploy­ees in all ar­eas of bank­ing through ap­pro­pri­ate train­ing, en­hanc­ing lead­er­ship qual­i­ties, per­for­mance linked pro­mo­tions and mo­ti­va­tional in­cen­tives by in­cul­cat­ing a sense of be­long­ing­ness are the main prin­ci­ples defin­ing the hu­man re­source pol­icy at City Union Bank.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.