Uttara Bank is facing a decline in morale and work ethics. Declining deposit and uneven profits over the years not only
fo...
AN EFFECTIVE EMPLOYEE RELATIONS PROGRAM
Employee performance increases when employees are happy and satisfied not only in ...
CREATE A CAREER DEVELOPMENT PLANNING MODEL THAT INCORPORATES
ATTENTION TO KEY DEVELOPMENT SUCCESS FACTORS:
 The bank’s ta...
EVALUATE COMPENSATION AND MOTIVATION P RACTICES AS THEY
RELATE TO ORGANIZATIONAL STRATEGY.
 Uttara Bank is struggling to ...
DISCUSS THE IMPACT OF ETHICS ON THE DETERMINATION OF
COMPENSATION AND REWARDS SYSTEMS
 The last one is to discuss the imp...
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  1. 1. Uttara Bank is facing a decline in morale and work ethics. Declining deposit and uneven profits over the years not only forced the company to change its transaction processes, but also prompted them to adopt a customer-relationship system .Uttara bank’s HR reward and compensation policy program needs to be revised to deal with the existing problem. HR professionals over the world know that their toughest job is recruiting and retaining top-notch employees for their companies. To assist bank in changing its process, Team has constructed . Team will then analyze each company by providing key concepts such as designing the elements of 4/21/2015 1 An effective employee relations program Create a career development planning model that will incorporate attention to key development success factors, Evaluate compensation and motivation practices as they relate to organizational strategy, And discuss the impact of ethics on the determination of compensation and rewards systems
  2. 2. AN EFFECTIVE EMPLOYEE RELATIONS PROGRAM Employee performance increases when employees are happy and satisfied not only in what jobs they perform but with the company they are working for, the atmosphere in which the work is done and how they are treated overall. An effective employee relations program needs include answers to the following: 4/21/2015 2 A • How do we get good employment prospects to join the company? B • How do we retain good employees C • ) How do we get employees to develop skills for current and future jobs? D • How do we get employees to perform well while they are
  3. 3. CREATE A CAREER DEVELOPMENT PLANNING MODEL THAT INCORPORATES ATTENTION TO KEY DEVELOPMENT SUCCESS FACTORS:  The bank’s talent management philosophy states that they provide a community of learning to their employees available anywhere, anytime, at any place. The performance management program provides employees who want to focus on their business goals, individual growth and career development within the company. Uttara bank provides: 4/21/2015 3 custom fit benefit package discount benefit along with the company’s generous benefit package employees receive a discount on loan
  4. 4. EVALUATE COMPENSATION AND MOTIVATION P RACTICES AS THEY RELATE TO ORGANIZATIONAL STRATEGY.  Uttara Bank is struggling to motivate its employees due to its inability to align its practices with organizational focuses. “Unfortunately, the current reward system is barely based on performance, instead recognizing cost-of-living increases, seniority and position. In order to align its practices, Bank should provide benefits and compensations that appeal(আকর্ষণ ) to a diverse set of employees, provide pay structure, and train its team to produce what is important to its organization. Pay and training are also important. 4/21/2015 4
  5. 5. DISCUSS THE IMPACT OF ETHICS ON THE DETERMINATION OF COMPENSATION AND REWARDS SYSTEMS  The last one is to discuss the impact of ethics of compensation and benefit systems for good understanding of the system and attract the employees.  Conclusion: Uttara Bank Limited one of the largest bank in the country having enough outlets allover the country as well as overseas arrangement out of the country is progressing slowly than the third or second- generation banks. They also could not retain their employees only because of their some lack of concentration in some areas. It should be kept in mind that efficient employees of an organization is the assets of that organization and that is why it should be taken up carefully. If they can meet up their shortage they will do much better in the banking sector in Bangladesh. 4/21/2015 5

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