MAIN BODY
CHAPTER 1: INTRODUCTION
Introduction
In the backdrop of economic liberalization and financial sector reforms, a group of highly successful local entrepreneurs conceived an idea of floating a commercial bank with different outlook. For them, it was competence, excellence and consistent delivery of reliable service with superior value products. Accordingly, Prime Bank was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from finance to investment in stock market as well as corporate adviser etc. As a fully licensed commercial bank, Prime Bank is being managed by a highly professional and dedicated team with long experience in banking. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition.
This study investigates an analysis of human resources management practice and recommendations in the Prime Bank. The research seeks to examine the human resources management practice in the Prime Bank. It evaluates and compares existing human resources management activities of employee recruitment and selection, job analysis methods, performance evaluation, audit, promotion scheme, training and development programs of five selective commercial banks. In this paper employees opinion on nine indicators is used to measure their levels of job satisfaction. The findings addressed meaningful situations which is imperative for employees and organizational growth and development. Thus the recommendation will support proper implication of human resources management system in the Prime Bank.
An overview of the Banking Sector
Human Resources (HR) are considered the most important assets of an organization, but very few organizations are able to fully harness its potential (Ahmed & Schroeder, 2002). Human resources system is a
Introduction
In the backdrop of economic liberalization and financial sector reforms, a group of highly successful local entrepreneurs conceived an idea of floating a commercial bank with different outlook. For them, it was competence, excellence and consistent delivery of reliable service with superior value products. Accordingly, Prime Bank was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from finance to investment in stock market as well as corporate adviser etc. As a fully licensed commercial bank, Prime Bank is being managed by a highly professional and dedicated team with long experience in banking. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition.
This study investigates an analysis of human resources management practice and recommendations in the Prime Bank. The research seeks to examine the human resources management practice in the Prime Bank. It evaluates and compares existing human resources management activities of employee recruitment and selection, job analysis methods, performance evaluation, audit, promotion scheme, training and development programs of five selective commercial banks. In this paper employees opinion on nine indicators is used to measure their levels of job satisfaction. The findings addressed meaningful situations which is imperative for employees and organizational growth and development. Thus the recommendation will support proper implication of human resources management system in the Prime Bank.
An overview of the Banking Sector
Human Resources (HR) are considered the most important assets of an organization, but very few organizations are able to fully harness its potential (Ahmed & Schroeder, 2002). Human resources system is a
Bibliography: Books: Rahman, M.A. Islam, M.R.and Hasan,Z.(2011),” Human Resource Management”, Third Edition, University Publication, Dhaka. Md Atiur Rahman & Rabiul Islam “Human Resource Management” Websites: http:// www.primebank.com.bd http://www.banglapedia.org/httpdocs/HT/P_0273.HTM http://www.bangladesh-bank.org/ www.stockbangladesh.com