Preview

Hr in Standard Chartered Bank

Satisfactory Essays
Open Document
Open Document
861 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Hr in Standard Chartered Bank
STANDARD CHARTERED



Standard Chartered is the world¶s leading emerging markets bank.
SCB is one of the world's most international banks in terms of the diversity of their people

 


It employs 73,800 member staff ,nearly half of whom are women. It has over 125 nationalities represented over bank.
The extraordinary growth of its business provides challenging international career opportunities.



The Group is committed for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity

At Standard Chartered Bank, human resource planning involves ± ‡ Forecasting the numbers of people which will needed by the bank, ‡ Working out the best way of recruiting & selecting them as and when they are needed and ‡ Maintaining best practices to retain the employees.

Recruitment
‡ ‡ ‡ Employee referrals The banks also has a tie up with Manpower Services Consultancy - A consultancy firm The company also posts its vacancies through its home page where the candidate can post its resumes through the link Carrer@standardchartered.com It has a Global Graduate Recruitment Program.

‡

Selection
‡ Standard Chartered selects employee based on knowledge, skills and talent. ‡ Standard Chartered is committed to provide equality of opportunity to all employees, regardless of gender, race, nationality, age, disability, ethnic origin, or marital status. ‡ In India, it partnered with a non-governmental organisation (NGO) to improve job prospects for people with disabilities ‡ Over the last 12 months, the Group trained and hired a number of blind employees

Performance Appraisal
‡ Individual Performance Management ‡ Performance Management at Senior Levels

Employee Training & Development
‡ Orientation ‡ Product & Skill Training ‡ Self-learning ‡ Recognised for the talent and learning practices by Harvard Business Review 2008 (HBR). ‡Also one of the three organisations featured in the

You May Also Find These Documents Helpful

  • Powerful Essays

    Strategic Human Resource planning is the process of anticipating and providing for the movement of people with the skills and experience, into, within, and out of an organization to meet the long term strategic needs of the organization. [2]…

    • 2310 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Human resource planning is the process by which management figures out how to move businesses forward from its current position to the aspiration future placement. Effective planning will result in the organizational management having the right kinds and right number of people doing things that result in the worker and the organization having maximum long-run benefits.…

    • 1033 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Bus303 Final Paper

    • 1655 Words
    • 7 Pages

    Human resource planning is “the ongoing process of systematic planning to achieve optimum use of an organization's most valuable asset - its human resources.” (http://www.investopedia.com) The main goal of human resource planning…

    • 1655 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    BSBHRM602B

    • 3273 Words
    • 12 Pages

    5. Human resources planning involves considering the staffing resources needed to meet the organization's business objectives. It is a means of ensuring that available talent is retained and correctly allocated to achieve priorities and deliver services. It is also a means of controlling staff costs, ensuring staff numbers are appropriate and to improve productivity. The Board should ensure that the organization has:…

    • 3273 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Human resource and manpower planning - consists of putting the exact number of people, right kind of people at the right work place, at exact time, doing the special things for which they are suited for the achievement of goals of the BT.…

    • 1042 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organization 's most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply.…

    • 1138 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    Successful orientation and training programs depend on three different factors, which is skills, structure, and environment. For a company to educate new employees, they must have good knowledge base of how to implement the program effectively. Skills are the tools of the employees used to build the company to “learn, master, and apply that content”(Rooney [Leave a space after the quotation mark] & Rooney, p. 4). Structure is necessary to prioritize and guide skills acquired on a broad scale. There must be efforts to increase customer values and decrease wasteful spending. Working in a positive and motivating environment engages employees to apply their skills within the structure. Employees “must understand why it is important to improve processes, and feel that they have a meaningful stake in the success of those efforts” (Rooney & Rooney, p. 4).…

    • 1532 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    In the human resource planning function, the number and type of employees needed to accomplish organisational goals are determined. The basic human resource planning strategy is staffing and employee development.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Equity Policy Example

    • 321 Words
    • 2 Pages

    (Organisation name) is committed to eliminating discrimination and encouraging diversity amongst our workforce. Our aim is that our workforce will be truly representative of all sections of society and each employee feels respected and able to give of their best.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Company selects, develops and compensates the best people to manage the company. It aims to provide its employees with adequate benefits as well as a safe workplace and environment. It also supports health, educational, social, livelihood and other charitable projects nationwide.…

    • 960 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Approach People Recruitment SA hires specialized recruiters in specific sectors, but some teams may support each other according to weekly needs and amount of work. For example, on one hand, the team specialised in pharmacy may look for scientific engineers for the scientific team. On the other hand, Interns and Talent Acquisition Specialists often work as a support on simple positions or on positions that are open for a long time. This variety implies adaptation capacities, so that candidates do not feel like they talk to beginners. General knowledge helps ensuring the brand image of the company.…

    • 868 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    HRM Report On TRG

    • 4256 Words
    • 17 Pages

    Firstly, we would like to thank the AL- MIGHTY ALLAH, who gave us the strength and ability to complete this term report. Everybody in the group played his part very efficiently towards the completion of this report.…

    • 4256 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    HR Industry

    • 873 Words
    • 9 Pages

    trend, as the market for talent becomes global and as many firms acquire domain focus…

    • 873 Words
    • 9 Pages
    Satisfactory Essays
  • Good Essays

    Banking Career

    • 534 Words
    • 3 Pages

    A bank probationary officer is the starting level for class I officers in banking sector. The candidates are selected through written examination followed by GD and Interview. Probationary officers are trained to work in different functions such as admin, operations, accounts, marketing, finance, investment, etc. Thereafter candidates are posted as Asst Manager in any of the bank branches. Industry estimates suggest 20,000 to 50,000 PO vacancies every year in the first half of this decade. The current demand is like a dream come true for the government job aspirants.…

    • 534 Words
    • 3 Pages
    Good Essays
  • Good Essays

    MO Assignment

    • 1178 Words
    • 5 Pages

    Workforce diversity consist a workforce of men and women, different ethnics groups and racial culture. This is one of the most important challenges faced by organizations. Managing this diversity is a global approach as most organization is going through globalization. The company that I am working in is DBS Bank Ltd. DBS Bank is a bank based in Singapore. DBS Bank is one of the largest banks in Southeast Asia. Having 6 regional offices from Hong Kong, China, Taiwan, India, Indonesia and not forgetting Singapore itself.…

    • 1178 Words
    • 5 Pages
    Good Essays