Human Resource Practice
A Report on HRM issues in the Banking sector:
A Case Study on IFIC Bank Limited
MBA Program, Stream: HRM
Department of Management Studies
Faculty of Business Studies
University of Dhaka
July 20, 2009
A Report on HRM issues in the Banking sector:
A Case Study on IFIC Bank Limited
Submitted To,
Professor Dr. Md. Ataur Rahman
Department of Management Studies
University of Dhaka
Prepared By,
MBA, Stream: HRM, 10th Batch,
Department of Management Studies
University of Dhaka
Executive summary
In this global competitive era, banks have an important role as a financial institution. This report has been prepared on a commercial bank. In every organization, men/human resources play an important role for its success. No organization whether it is small or large, labor intensive or technology intensive can run without human resource.
The topic of our report is “HRM issues in the Banking sector: A Case Study on IFIC Bank Limited.” We have done this report on the IFIC bank Ltd. Although we have learned some banking activities during preparing our report we have mainly focused on HRM issues to keep the report on the right track.
The Bank has a Human Resource & Division for its employees’ training & development. The also has an Academy for this purpose. There is a Library in the Academy. Bank uses both on-the job training & off-the job training method. Branches use on-the job training namely job rotation, Coaching/ under study approach, direct supervision by the senior managers. Head Office uses off-the job training namely Lectures, Conference, Workshop, Management Game, Role playing, Behavior Modeling and Case Study etc. The workforce was 96 in 1983 & 2014 in 2006. Benefits of the Employees such as House building loans, Car loan at lower interest rate, Provident Fund, Insurance Facilities are available for its employees. Minimum two years is required for promotion of the employees. Two Methods of evaluation for
A Case Study on IFIC Bank Limited
MBA Program, Stream: HRM
Department of Management Studies
Faculty of Business Studies
University of Dhaka
July 20, 2009
A Report on HRM issues in the Banking sector:
A Case Study on IFIC Bank Limited
Submitted To,
Professor Dr. Md. Ataur Rahman
Department of Management Studies
University of Dhaka
Prepared By,
MBA, Stream: HRM, 10th Batch,
Department of Management Studies
University of Dhaka
Executive summary
In this global competitive era, banks have an important role as a financial institution. This report has been prepared on a commercial bank. In every organization, men/human resources play an important role for its success. No organization whether it is small or large, labor intensive or technology intensive can run without human resource.
The topic of our report is “HRM issues in the Banking sector: A Case Study on IFIC Bank Limited.” We have done this report on the IFIC bank Ltd. Although we have learned some banking activities during preparing our report we have mainly focused on HRM issues to keep the report on the right track.
The Bank has a Human Resource & Division for its employees’ training & development. The also has an Academy for this purpose. There is a Library in the Academy. Bank uses both on-the job training & off-the job training method. Branches use on-the job training namely job rotation, Coaching/ under study approach, direct supervision by the senior managers. Head Office uses off-the job training namely Lectures, Conference, Workshop, Management Game, Role playing, Behavior Modeling and Case Study etc. The workforce was 96 in 1983 & 2014 in 2006. Benefits of the Employees such as House building loans, Car loan at lower interest rate, Provident Fund, Insurance Facilities are available for its employees. Minimum two years is required for promotion of the employees. Two Methods of evaluation for