This document summarizes human resource management practices at Siddhartha Bank Ltd. in Nepal. It discusses the bank's HR planning, job analysis, recruitment, selection, training, performance management, and motivation practices. The bank focuses on attracting and retaining top talent through competitive compensation and benefits, training programs, and opportunities for career growth. However, retaining technical managers and providing training to remote branches presents challenges. The success of the bank is attributed to its high-quality human resources and conducive work culture.
2. Objectives
To accomplish the project work.
To study the HR practice in Nepal.
To share information with you all.
To hear from you all with aim of further
improvement.
3. Contents
Introduction of Organization
HR Planning Practice
Job Analysis (J.A.) Practice
Recruitment, Selection & Socialization Practice
Training & Development
Performance Appraisal
Reward System Practices
Discipline Practice
Motivation Practice
4. Methods of Data Collection
Questionnaire
Direct
Interview
Official site
www.siddharthabank.com.np
Observation
Repots,
5. Established in 2002
Head Office
Mission Statement:- Location:AD
Hattisar Kathmandu, Nepal
CORE VALUES OF THE BANK
Be one of the leading banks of the industry in terms of profitability,
Organization:productivity and innovation.
Customer focus
Vision
Siddhartha Bank runs with a vision to be financially sound, operationally
Aim at total customer satisfaction by rendering efficient and
Shareholder prosperity
efficient and keep abreast with technological developments.
diversified financial services through improved technology.
Siddhartha Bank Ltd. Nepal
Employee growth
Build a highly motivated and committed team of staff by nurturing a
good work culture to achieve superior welfare performance aiming
Economic individual
to enhance organizational effectiveness.
Be the place of pride to all its stakeholders.
6. Organization:-
Siddhartha Bank Ltd. Nepal
CEO.
Mr. Surendra Bhandari
MD. Sambhu Nath Gutam
Deputy MD
Deputy MD
Deputy MD
Deputy MD
HR Management
Corporate Credit Dpt.
Valley Resource Head
Chief of IT
Chief Payment
Solution
Loan Risk
Management Head
S M E Loan Dpt.
Finance Department
Treasury Head
Legal Department
Internal Audit
Department
Accounting
Department
Head of Other Branches
Extension Counters
Fig. Management Hierarchy, Source: Final Year report 2068/069
7. Mission ;Developing and retaining highly motivated and committed staff.
Queries Dealt By
Mr. Nitish Basnet
HR Officer
Arjun Bhadra Khanal
HR Head, SBL Nepal
Human Resources Management
8. Human Resources Management
Total Staffs = 550
Support
Executives
Composition as per Gender Officers &
Staffs
3%
Sr. Officers
2%
23%
Female
40%
Senior
Assistants, A
ssistants &
Junior
Assistants
65%
Total No. of Female Staffs – 220
Source:- Final report 2011
Male
60%
Management
Trainee
7%
Total No. of Male Staffs - 330
No. of Sr. Assistants,Trainees &
Number of Executives = Officers = Assistants = 357
Numbersof Officers & Sr. 16 = 39 Jr.127
Supports Staffs = 11
Management Assistants
10. S.B.L. Planning
HR
Practices
HR Planning is guided by Bank’s Targets/ Objectives /Goals.
Method for
Therefore, future staffing requirements is based upon bank’s future target.
Determining future staffing requirements & Developing actions plans for meeting
them.
HR Department plans according to existing employees’
Robbins
Skills
Knowledge &
Education
11. S.B.L.
Job Analysiswithin a job
A systematic exploration of the activitiesPractices
Basic techniques to defineDuties
Responsibilities
HR Managers,
Accountabilities of a job
Identifies the activities by Observation Method Source;
Defines Job Description & Job specification
Robbins
Timely Review & Job-Analysis is done
12. Recruitment, Selection &
Socialization
S.B.L. Recruitment Practice
Recruitment is the discovering of potential candidates for actual organizational
vacancies.
Most commonly preferred Recruitment Sources are –
Promotion
Transfer
Contract Staff
Attracts pool of quality candidates with the help of Newspaper
Official website
Outsourced Recruitment process, because
It requires lots of additional staffs
Time consuming
Such recruiting agencies are expertise
Robbins
13. Recruitment, Selection &
Socialization
S.B.L. Selection Practice
S.B.L. outsourced their selection process up to Written Examination.
Role of References while selection
It is useful while hiring top level / experienced staffs
14. Recruitment, Selection &
Socialization
S.B.L. Socialization
Practice
Bank organizes Induction Ceremony for information sharing
Introduce their new staffs during
Meeting
Picnic
15. Training & Development
Practices
Training & Development programs for all its employees
ranging from sub-ordinates to executive levels
Organized Training Calendar
Usually, trainings are conducted on public holidays
Frequent Training Programs
100 + Training programs conducted in 069/070
Separate Training Hall
Training Feedback system & Analysis
- To check the effectiveness of training
17. Reward System Practice
Human Resource management Policy
Uncompromising in that it ensures performance based growth & compensation
Intrinsic Reward
Assigning Challenging job
For E.g. Officer of Head-office assigned as
Branch Manager.
18. Discipline Practice
Employees practice
High level of ethics
Integrity
Transparency
Punctuality
Office @ 9:30 A.M.
Dress Code
Up to Officer – Uniform
Above Officer Level – Business Formal
Wear
20. Challenges
Acquisition & Retaining of Technical Managers
Remote Branches (Like Dadheldura branch)
Difficulties in providing training to those staffs
International Development practice is being
adopted.
Therefore, resources development as per Intl. Standard challenging.
21. Conclusion
Siddhartha Bank believes in attracting & retaining the best
human resources in the industry.
The growth of the Bank can primarily be attributed to its
high quality human resource.
The Bank is the best pool of the best employees in the
industry.
It is the collective effort of employees which has made it
possible to stand today as one of the consistently growing
commercial banks in the country.
The Bank’s work culture is very much conducive for people
seeking knowledge, experience & growth.
22. Limitation of Study
Lack of knowledge in us.
Banking & Financing institutes provide
very less information.
Our study limit to cover the whole syllabus
23. Thank full towards
Mr. Shankhar K.C. & Mr. Nitish Basnet
SBL, Hattisar, Kathmandu
Mr. Rishwo Ram Gorkahli
HR Instructor, ACMT, Minbhawan