Vivian V. Lim
HRD, 1st Valley Bank, Inc




                   2009 RBAP-MABS National Roundtable Conference
             ...
1stVB Branches & Workforce

  1956 : 1 HO, 3 regular employees

  As of April 2009 :
  # of Outlets: 21 Branches; 8 LCDPs
...
1st VB Chart of
ORGANIZATION
Human Resource Management

  •  Human Resource Planning
  •  Human Resource Policies
  •  Personnel Recruitment, Selection...
The Recruitment Process

                              HR                          job fairs
               Submits
      ...
Recruitment: Basic Trainings
•  Basic Banking Operations Training Program
   (BBOTP)
     - 10-day training on Policies an...
The Pre-Employment Process
    1. Pre- Employment: (Employee-Trainee)
     o  On-the-job training at the branch level

   ...
Compensation and Benefits for Regular Employees


  New employees undergo final briefing with HR on company policies, code...
Employees Benefits

 •  Compulsory Benefits:
   o  SSS,   Philhealth, PAG-IBIG
 •  Other Benefits
   o  Annual Uniforms
  ...
Other Benefits
  •  50:50 scheme of owning service vehicle,
     payable in 3 to 5 years
  •  Financial Assistance for eme...
Employee Retention Strategies
 Aside from the staff benefits, other HR practices for
 Employee Retention:

  •  Re-assignm...
Other Employee Retention Strategies
 •  Retraining and Retooling
    o    1st VB Institute conducts in-house skills traini...
1st Valley Bank Institute-Trainings
  •  Basic Banking Operations Training Program
  •  Microfinance (MF) Trainings and Wo...
1st Valley Bank Institute-Trainings
 •  Effective Supervision for Managers & Senior
    Officers
 •  Management Developmen...
Assessment Tools

•  Performance Evaluation for Employees
•  Performance Assessment for Senior Staff
   and Officers
•  Te...
1st VB’s HR Secret Weapons:
Tools and Incentives


•  Test for Higher Cognitive Processes
•  Employees’ Manual
•  1st Vall...
Finding The Right People: Tools for Screencing, Hiring, and Retaining Staff
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Finding The Right People: Tools for Screencing, Hiring, and Retaining Staff

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Finding The Right People: Tools for Screencing, Hiring, and Retaining Staff

  1. 1. Vivian V. Lim HRD, 1st Valley Bank, Inc 2009 RBAP-MABS National Roundtable Conference May 12-13, 2009 Hyatt Hotel and Casino Manila
  2. 2. 1stVB Branches & Workforce 1956 : 1 HO, 3 regular employees As of April 2009 : # of Outlets: 21 Branches; 8 LCDPs Total Employees: 375 H.O. Officers . . . . . . . . . . . . . . . 18 H.O. Staff and Support Group . . 39 Branch Officers . . . . . . . . . . . . . 47 Branch Staff (incl. MF staff) . . . 177 Probationary Staff . . . . . . . . . . 74 Trainees . . . . . . . . . . . . . . . . . 20
  3. 3. 1st VB Chart of ORGANIZATION
  4. 4. Human Resource Management •  Human Resource Planning •  Human Resource Policies •  Personnel Recruitment, Selection and Placement •  Salary, Benefits and Incentives •  Training and Development •  Performance Management
  5. 5. The Recruitment Process HR job fairs Submits request Interviews Operations Examinations Basic Banking Operations Training 30-day hands-on training @ branch 6-month Branch Assignment Assessment by the Manager Final Interview/briefing with HR
  6. 6. Recruitment: Basic Trainings •  Basic Banking Operations Training Program (BBOTP)   - 10-day training on Policies and Procedures  Bank Policies – HR and Operations  Customer service  Cash Operations  Credit Management and Procedures  Bookkeeping •  Mock Branch Training •  On-the-Job Training at the branch level.
  7. 7. The Pre-Employment Process   1. Pre- Employment: (Employee-Trainee) o  On-the-job training at the branch level   2. Probationary o  Employee gets the minimum daily wage o  Background Checking  done by the Branch Manager nearest the place of residence of the applicant. o  Performance appraisal by Manager o  Candidate for regularization after six months.
  8. 8. Compensation and Benefits for Regular Employees   New employees undergo final briefing with HR on company policies, code of conduct, and signs Pledge in the Employees Manual. •  Employees o  Guaranteed 15 months o  Monthly Rice Allowance (1 sack – 1st Class variety) o  Christmas Cash Gift •  Managers & Officers o  Guaranteed 16 months o  Annual Foreign Country Trip o  Performance Bonus (Profit Sharing) o  Laptop and Cellular Phones
  9. 9. Employees Benefits •  Compulsory Benefits: o  SSS, Philhealth, PAG-IBIG •  Other Benefits o  Annual Uniforms o  Health Plan o  Life Insurance –non-contributory coverage o  Meal allowance for field personnel o  Housing allowance – full lodging costs for those assigned outside their residency or in a staff house
  10. 10. Other Benefits •  50:50 scheme of owning service vehicle, payable in 3 to 5 years •  Financial Assistance for emergencies and projects. •  Educational Benefits (for Masteral Degree) •  Scholarship Grants for staff dependents
  11. 11. Employee Retention Strategies Aside from the staff benefits, other HR practices for Employee Retention: •  Re-assignment o  Prevents burn-out if assigned in one position for a longer period o  Assignment to branches closer to employee’s residence •  Rewards and Incentives o  Promotion to a higher position for good performance o  Cash Incentives for Account Specialists based on MF Performance Scoring System
  12. 12. Other Employee Retention Strategies •  Retraining and Retooling o  1st VB Institute conducts in-house skills trainings regularly o  Employees are sent to various trainings for professional advancement and/or specializations •  Regular staff meetings o  serve as venue to share experiences, updates in procedures and suggestions for new policies. •  Salary increase o  Annual - based on performance evaluations. o  Special increase in salary for exemplary performance •  Family members of good performers are given priority in hiring.
  13. 13. 1st Valley Bank Institute-Trainings •  Basic Banking Operations Training Program •  Microfinance (MF) Trainings and Workshops o  Basic MF Training Course for Account Specialists o  Managing your MF Unit (for Supervisors and Managers) o  Microfinance Refresher Course o  CIBI and Cash flow Workshop o  Delinquency Management o  Remedial Management •  Marketing & Sales Skills Training •  Credit Management •  Management Information System (MIS) Applications
  14. 14. 1st Valley Bank Institute-Trainings •  Effective Supervision for Managers & Senior Officers •  Management Development Program for Assistant Managers •  Financial Education for Remittance Receivers •  Agricultural Loan Officers’ Training •  Workshop for Loans Assistants and Processors •  Cash Operations Workshop •  Bookkeeper’s Workshop •  Specialized trainings for each bank product
  15. 15. Assessment Tools •  Performance Evaluation for Employees •  Performance Assessment for Senior Staff and Officers •  Team Effectiveness •  Branch Client Appraisal •  Progress Report Cards for MF Personnel •  MF Scoring System (for incentives) •  FGD with clients on service delivery •  Suggestion Boxes
  16. 16. 1st VB’s HR Secret Weapons: Tools and Incentives •  Test for Higher Cognitive Processes •  Employees’ Manual •  1st Valley Bank Institute for Training •  Staff Benefits and Incentives •  Educational Grants •  Recognition thru Performance Evaluation and Assessments

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