Main principles defining HR policy
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.
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.
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.