HUMAN RESOURCE

MANAGEMENT IN
BANKS

Group 9 :-
Akshita Ahluwalia
Sumitted to:- Aman Dhami
Dr. Abhilasha Jindal Ambika Malik
Amit Thakur
Anandita Sharma
RECRUITMENT AND SELECTION

RECRUITMENTS
 Recruitment promotion through job searching
sites (Naukri, linkedin, yes bank)
 Advertisements in newspapers
 Campus placement drives.

SELECTION
CV shortlisting then Aptitude test
Interview with TL and then HOD
Final round with HR
Pre Employment check
Offer process
 Aptitude Test

Group Discussion

Psychometric Test

Interview with TL /HOD/HR

EMPLOYEE BENEFITS

SICK LEAVES

ADOPTION LEAVE

CHILDCARE LEAVE

MATERNITY LEAVE ,FERTILITY LEAVE

HEALTH INSURANCE

TRAVEL ALLOWANCE AND HRA

PART TIME EMPLOMENT

TRAINING AND
DEVLOPMENT
TRAINING
Test of Trainees
Customised Training
Continuous Training Need Assessment
Encouragement to Apply Training
Learning Employees
Arrangement of Special Project
DEVELOPMENT
YSB Internal and Knowledge Trainers
Online Learning Solutions
My Learning @YES
PERFORMANCE MANAGEMENT
PRACTICES

Performance Matrix
Goal Review Based Appraisal
Appraisal on Fair Objective Data
360 Degree Performance Appraisal
Option to Challenge the Appraisal
COMPENSATION MANAGEMENT
PRACTICES

Announcing Special Incentive to the Talented

Employees
Special Increments on Regular Basis
Special Festival Advance These Days
Customised Perks
 PROGRAMS
 Yes Mentor : Assigning a senior and dynamic
employee as a mentor to new employee
 Yes school of banking : To create a centre of
excellence for providing training in banking &
other financial services in the banking .
 Yes University and School Relations:
Recruitment of meritorious students from
university campuses. Offering internship to the
students.
 KEY INITIATIVES
Yes entrepreneur in action takes break from regular
work to focus on project of his/her interest to achieve
individual goal.
Yes-Professional Entrepreneurship Program
(YPEP) : Talent management initiative. Talented
middle & upper management for strategic initiative.
Yes-retail Entrepreneurship Program (YREP)
To beat cutting edge skills of latest development to
meet future needs.
WORK, WORKPLACE
WORK
 Executives are offered Fast Track career
progression opportunities
 Learning & Development initiatives focusing on
capability development
WORKPLACE
 Cross functional – time bound
Strategic Assignments
 Competitive environment
 INDUCTION
 YES BANK’s Story
 Key differentiators
 Insights into all Business Units
 Awareness of key products
 Critical behavioral skills basis
their current competencies
 Team building exercises
 Technical knowledge
 Basic banking introduction
5 C’s Employee
Engagement Model
CARE

CONNECT

COMMUNICATION

CAREER

CULTURE
EMPLOYEE MANAGEMENT AND
ENGAGEMENT BY HR DEPARTMENT
Monthly review.
Inviting the newly joined executives
Celebrating Birthdays of Team Members
YES connect
YES fit
Working conditions
 COORDINATION
BUILDING

 Job rotation
 Need based cross business transfers
 Develop their well rounded managerial and
leadership capabilities
 Frequent activities
 Recruitment and selection
RECRUITMENT

 Internal recruitment
 External recruitment
 Internal Recruitment
• Rating given to existing employees for their work.
• Referral forum in company’s web page ‘ATLAS’
used by management to trace performance of existing
employees.
 External Recruitment
• Institute of finance, banking and insurance.
• ICICI sales academy.
• Campus placement drives.
• Manipal academy of banking.
• Online application through naukri.com , linkedln.
• Walk in interviews through recruitment agencies.
 Selection
Aptitude test

Psychometric
test

Group Discussion

Personal Interview
 Training and development

 NSDL certification programs.

Post graduate diploma in banking.
Special 2 day training every year.
Written test.
Personality development programs.
E learning games.
Certified financial planner program.
 Employee Benefits
• 1% waiver in loans.
• Six month fully paid maternity leaves.
• Unlimited sick leave.
• Transfer policy for women.
• Transport and travel allowance.
• Public provident fund.
• Insurance of 4 lakhs.
Structure