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ABOUT CITIZEN BANK
• One of the 30 A-Class commercial banks in
Nepal
• Situated at Sharada Sadan, kamladi,
Kathmandu
• Vision: To be the leading bank for its service
excellence in the region.
• Commits: To meet the financial needs of their
customers and exceed their expectations
through innovation solution.
ABOUT HUMAN RESOURCE
MANAGEMENT
• Process concerned with the management of
human energies and competencies for
achieving organizational goal through
acquisition, development, utilization and
maintenance of a competent and committed
workforce in a changing environment.
HUMAN RESOURCE MANAGEMENT
STEPS/PROCESS
1. Human Resource Planning
2. Recruitment , Selection and Socialization
3. Human Resource Training and Development
4. Performance Appraisal
5. Compensation Management
HUMAN RESOURCE PLANNING(HRP)
• Ensures right number of people, with right
quality, at right place, at right time to achieve
the organization objectives
• In Citizens bank there are 600 plus staffs &
• Demand of the employees is forecasted
through visible analysis and information
obtained from the related department heads
RECRUITMENT , SELECTION AND
SOCIALIZATION
• Recruitment is the art of identifying and
attracting pool of qualified candidates to fill
the vacancy
• Selection is art of selecting the right job
matching candidates from that pool
• Socialization is phase whereby the new
employees are adapted with the norms and
culture of the organization
SOURCES OF RECRUITMENT
INTERNAL SOURCE
a) Promotions-
b) Transfers -
c) Previous Applicants-
d) Former employees( Rehire
and Recalls)
EXTERNAL SOURCE
a) Outsourcing Company
( Lower level staffs like
messenger and guards)
b) Executive hunting-
c) Educational institutions-
d) Trade Unions-
e) Local Residents-
f) Candidates of present
employee -
METHOD OF RECRUITMENT
INTERNAL METHODS
a) Job posting-
EXTERNAL METHODS
a) Radio / Television
Advertisement
b) Newspaper
Advertisement
c) E-recruiting/ Computerized
Method
Contd….
Fig:-Vacancy Announcement done by Citizens bank in Newspaper
SELECTION PROCESS
• First the application of the expected candidates is received
• Next step is conduction of the selection test which is done by the
bank itself rather than using the outsourcing company. Question
format is generally GMAT type with testing the critical reasoning
ability.
• The selected candidates are called for the interview it is generally
done by the interview committee which consist of the 4 members
of the CEO and department heads
• The final decision of the hiring is based on the company ‘s
executive and employee performance in the written and interview
SOCIALIZATION
• Not special socialization system
• Formal introduction of the employees among
each other and about the job and the working
culture of the organization
• However for more socialization among
employee regular annual picnics and
programme are held
HUMAN RESOURCE TRAINING AND
DEVELOPMENT
• Trainings are given for the non-managerial
staffs to learn knowledge and skill
• Development programs are for managerial
staffs
• There are two methods of trainings
a) On the job Training
b) Off the job Training
TRAININGS IN CITIZENS BANK
ON THE JOB
• Job trainings from the
experienced employee
OFF THE JOB
• Provide anti money laundry
training
• Gives training for the
operation of the new
software from the expert of
the IT company
• Sometimes the training
institutes gives proposal of
training and if bank requires
such training then
employees are given
Besides after providing necessary trainings
and developments to desired employees,
bank provides the feedback form which is
filled by the staff about their experience of
the training and the report is generated
from such feedbacks which help to assist
for the future training
PERFORMANCE APPRAISAL
• Means comparing the actual performance
with the standard and correcting under
performance if occurs at right time
• In citizens bank the performance appraisal is
done by the immediate senior
• Generally, done monthly for the staff working
during their prohibition period and yearly for
the staff with the permanent position
COMPENSATION MANAGEMENT
• All forms of pay or rewards going to
employees and arising from their employment
can be known as compensation
• There are two forms of compensations
a) Direct financial payments
b) Indirect financial payments
COMPENSATION POLICY IN CITIZENS
BANK
Direct Financial Payments
• Bonus Scheme
• Salary Revision
Indirect Financial Payments
• Insurance Facility
• Fuel Facility
• Home Loan Facility
• Overdraft Facility
• Company Share
Others
• In Citizens Bank the employee turnover is within
the industry average of about 7-8% per year
• Based on response of outgoing employees the
reason for outgoing is found as for higher
education or work in aboard countries
• If any dispute occurs between the staff then it will
be solved through the branch manager or
through the immediate senior head and goes
higher through hierarchical channel
THANK YOU

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Human Resource Management in Citizens Bank of Nepal

  • 1. .
  • 2. ABOUT CITIZEN BANK • One of the 30 A-Class commercial banks in Nepal • Situated at Sharada Sadan, kamladi, Kathmandu • Vision: To be the leading bank for its service excellence in the region. • Commits: To meet the financial needs of their customers and exceed their expectations through innovation solution.
  • 3. ABOUT HUMAN RESOURCE MANAGEMENT • Process concerned with the management of human energies and competencies for achieving organizational goal through acquisition, development, utilization and maintenance of a competent and committed workforce in a changing environment.
  • 4. HUMAN RESOURCE MANAGEMENT STEPS/PROCESS 1. Human Resource Planning 2. Recruitment , Selection and Socialization 3. Human Resource Training and Development 4. Performance Appraisal 5. Compensation Management
  • 5. HUMAN RESOURCE PLANNING(HRP) • Ensures right number of people, with right quality, at right place, at right time to achieve the organization objectives • In Citizens bank there are 600 plus staffs & • Demand of the employees is forecasted through visible analysis and information obtained from the related department heads
  • 6. RECRUITMENT , SELECTION AND SOCIALIZATION • Recruitment is the art of identifying and attracting pool of qualified candidates to fill the vacancy • Selection is art of selecting the right job matching candidates from that pool • Socialization is phase whereby the new employees are adapted with the norms and culture of the organization
  • 7. SOURCES OF RECRUITMENT INTERNAL SOURCE a) Promotions- b) Transfers - c) Previous Applicants- d) Former employees( Rehire and Recalls) EXTERNAL SOURCE a) Outsourcing Company ( Lower level staffs like messenger and guards) b) Executive hunting- c) Educational institutions- d) Trade Unions- e) Local Residents- f) Candidates of present employee -
  • 8. METHOD OF RECRUITMENT INTERNAL METHODS a) Job posting- EXTERNAL METHODS a) Radio / Television Advertisement b) Newspaper Advertisement c) E-recruiting/ Computerized Method
  • 9. Contd…. Fig:-Vacancy Announcement done by Citizens bank in Newspaper
  • 10. SELECTION PROCESS • First the application of the expected candidates is received • Next step is conduction of the selection test which is done by the bank itself rather than using the outsourcing company. Question format is generally GMAT type with testing the critical reasoning ability. • The selected candidates are called for the interview it is generally done by the interview committee which consist of the 4 members of the CEO and department heads • The final decision of the hiring is based on the company ‘s executive and employee performance in the written and interview
  • 11. SOCIALIZATION • Not special socialization system • Formal introduction of the employees among each other and about the job and the working culture of the organization • However for more socialization among employee regular annual picnics and programme are held
  • 12. HUMAN RESOURCE TRAINING AND DEVELOPMENT • Trainings are given for the non-managerial staffs to learn knowledge and skill • Development programs are for managerial staffs • There are two methods of trainings a) On the job Training b) Off the job Training
  • 13. TRAININGS IN CITIZENS BANK ON THE JOB • Job trainings from the experienced employee OFF THE JOB • Provide anti money laundry training • Gives training for the operation of the new software from the expert of the IT company • Sometimes the training institutes gives proposal of training and if bank requires such training then employees are given Besides after providing necessary trainings and developments to desired employees, bank provides the feedback form which is filled by the staff about their experience of the training and the report is generated from such feedbacks which help to assist for the future training
  • 14. PERFORMANCE APPRAISAL • Means comparing the actual performance with the standard and correcting under performance if occurs at right time • In citizens bank the performance appraisal is done by the immediate senior • Generally, done monthly for the staff working during their prohibition period and yearly for the staff with the permanent position
  • 15. COMPENSATION MANAGEMENT • All forms of pay or rewards going to employees and arising from their employment can be known as compensation • There are two forms of compensations a) Direct financial payments b) Indirect financial payments
  • 16. COMPENSATION POLICY IN CITIZENS BANK Direct Financial Payments • Bonus Scheme • Salary Revision Indirect Financial Payments • Insurance Facility • Fuel Facility • Home Loan Facility • Overdraft Facility • Company Share
  • 17. Others • In Citizens Bank the employee turnover is within the industry average of about 7-8% per year • Based on response of outgoing employees the reason for outgoing is found as for higher education or work in aboard countries • If any dispute occurs between the staff then it will be solved through the branch manager or through the immediate senior head and goes higher through hierarchical channel