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Yours Bank: YOURS Bank Is A Commercial Bank Established in 2001.the YOURS Commercial Bank LTD
Yours Bank: YOURS Bank Is A Commercial Bank Established in 2001.the YOURS Commercial Bank LTD
INTRODUCTION
YOURS Bank is a commercial bank established in 2001.The YOURS Commercial Bank Ltd.
was born with its Registered and Head Office at MUMBAI. It comprises of professionals like
accountants, management experts, economists, in its Board of Directors. Commercial Bank has
stretched out to of all segments of the economy - be it agriculture, industry, trade and commerce,
services or infrastructure. Within short Period Bank expanded Rapidly.
The primary objective of YOURS bank is to ensure the availability of competent and
dedicated manpower. Therefore bank is most concern with scientific recruitment &
selection of manpower.
After selecting employees we placed them at the right place of work. Proper placement
helps to make effective use of manpower.
3) MOTIVATION OF MANPOWER
Manager constantly try to motivate manpower by providing rewards & incentives &
make attempt to device the best possible compensation package to employee.
5) DEVELOPMENT OF EMPLOYEES
The Hr manager makes efforts to create the right environment to develop the careers of
employees within the organization .
Bank create an environment where individual & groups feel a sense of commitment,
involvement & dedication.
7) WORKING RELATIONSHIP
We have clearly defined the Authorities & Responsibility of each employee clearly & its
relations with other jobs in the organisation.
8) CORPORATE IMAGE
The Practices adopted by Manager have a direct impact on the corporate image of the
bank.
9) SOCIAL OBJECTIVES
Nowadays We has to fulfill social responsibilities by taking appropriate measures
towards social development including environment conservation.
PROCEDURE OF HRM IN YOURS
BANK
There are three recources that are critical for each & every organization to be successful & attain
goal are :
While managers pay a great deal of attention in the planning of first and second
resources, human resources are often neglected or taken for granted. This is the terrible
mistake because no organization can be successful in the long run without having a right
number and a right kind of people doing the right jobs at the right time.
Hence in order to become successful YOURS Bank has adopted effective strategies
of human resource management.
RECRUITMENT
SELECTION
INDUCTION
PLACEMENT
PERFORMANCE APPRAISAL
CAREER DECELOPMENT
EMPLOYEE’S WELFARE
COMPENSATION FUNCTION
We follow integrated function approach with its corporate strategies it means we play a
coordinated role between functions & strategies.
We ensure that all the policies & programs are designed and integrated with each other so as
to create a highly dedicated and committed work force.
We collect all the required information from researches to solve problems relating to banking
activity. It also helps in making policies and strategies.
Managing diverse workforce is the challenge before managers therefore manager need to
design effective programme to get best out of diverse workforce.
5)Multidisciplinary approach
Manager aims to improve individual, group & organizational effectiveness it involves the
use of various discipline of social science.
6)Proactive actions.
Hr Managers of YOURS bank take proactive action rather than reactive actions. Proactive
actions helps to handle activities or issues effectively before any issue become a problem for
the bank.
Hr manager brings long term benefits not only to banks but also to its employees and customers.
Human Resource Management (HRM) is the function within an organization that focuses on
recruitment of, management of, and providing direction for the people who work in the
organization.
Human Resource Management is the organizational function that deals with issues related to
people such as compensation, hiring, performance management, organization development,
safety, wellness, benefits, employee motivation, communication, administration, and training.
HUMAN RESOURCE PLANNING
There are three recources that are critical for each & every organization to be successful & attain
goal are :
While managers pay a great deal of attention in the planning of first and second
resources, human resources are often neglected or taken for granted. This is the terrible
mistake because no organization can be successful in the long run without having a right
number and a right kind of people doing the right jobs at the right time.
Hence in order to become successful YOURS Bank has adopted effective strategies
of human resource management.
OBJECTIVE OF YOURS BANK FOR HUMAN RESOURCE PLANNING.
Recruitment is the process of gathering a group of qualified applicants. It includes tasks like
writing a job description and job postings, and going through the steps of posting it internally
(e.g. bulletin boards, intranet, email notification), externally (e.g. newspaper ads, temp agencies,
internet), or both.
Selection is the process designed to determine the most qualified candidate from the group of
applicants. It includes tasks like reviewing resumes, interviewing, work related testing, reference
checks and the final employment offer