Study on SBI in HRM

1. Suresh Angadi Education Foundation’s
ANGADI INSTITUTE OF TECHNOLOGY AND MANAGEMENT
DEPARTMENT OF MBA
Approved by AICTE New Delhi, Affiliated to VTU Belagavi, Accredited by NAAC
Savagaon Road, Belagavi, Karnataka 590009
Human Resource
Management at SBI
A PRESENTATION
BY
TEAM : 01

3. • State Bank of India (SBI) a Fortune 500 company, is
an Indian Multinational,
• Public Sector Banking and Financial services
statutory body headquartered in Mumbai.
• The rich heritage and legacy of over 200 years,
accredits SBI as the most trusted Bank
by Indians through generations.
Ansura

4. • Human Resource Management (HRM) in
organizations like SBI typically involves various
processes such as recruitment, training, performance
management, employee relations, and more. SBI
would likely have dedicated HR departments and
policies tailored to its unique requirements as a
financial institution. For the most accurate and up-to-
date information about how HRM is done at SBI.
Ansura

5. Human Resource Planing
• HR planning involves forecasting staffing needs,
identifying skill gaps, and creating strategies to
ensure the right people are in the right role
Forecasting.
• Demand and Supply
• Skill Inventory.
• Succession Planning
• Recruitment Strategies
• Training and Development
• Employee Engagement
Anita

6. RECRUITMENT AND SELECTION
• Advertisement and Notification
• Application
• Preliminary Examination
• Main Examination
• Document Verification
• Final Merit List
• Offer Letter
Aishwarya

7. Performance Appraisal
• Goal Setting: At the beginning of the performance cycle, employees
and their supervisors collaborate to set clear and achievable performance
goals.
• Mid-Year Review: Around the midpoint of the performance cycle,
there might be a mid-year review where employees and supervisors discuss
progress towards goals, address any challenges, and provide feedback.
• Self-Assessment: Employees are often required to assess their own
performance against the set goals and provide insights into their
achievements, areas of improvement, and professional development needs
Amaan & Abhishek

8. • 360-Degree Feedback: Some organizations, including SBI,
may incorporate feedback from peers, subordinates, and other
colleagues.
• Supervisor Evaluation: Supervisors evaluate employees
based on their achievements, contributions, adherence to values, and
overall job performance.
• Performance Ratings: Employees might receive a
performance rating based on their accomplishments and
contribution.

9. Compensation Management
• State Bank of India (SBI) is one of the largest public sector banks in
India. Compensation management at SBI involves the design and
administration of salary, benefits, and incentives for its employees.
This process aims to attract, retain, and motivate talented individuals
while ensuring fair and competitive compensation packages.
• SBI likely follows industry standards and practices, considering
factors like job roles, experience, performance, and market
benchmarks when determining compensation for its employees.
Achyut

10. State Bank of India (SBI) compensation management refers
to the system and processes that SBI uses to design,
implement, and administer the compensation and benefits
packages for its employees.

11. • Technology Integration: SBI focuses on integrating technology to
streamline HR processes, like using digital platforms for recruitment
and performance evaluations.
• Skill Development: The bank emphasizes training and development
programs to enhance employees' skills and keep up with industry
trends.
• Flexible Work Environment: SBI promotes flexible work
arrangements, allowing employees to balance their personal and
professional lives effectively.
Chetan & Darshan

12. Industrial Relation
• Employee Unions: SBI has several employee unions and associations
representing different categories of employees, including officers, clerks,
and support staff. S
• Collective Bargaining: Collective bargaining is a key aspect of SBI's
industrial relations.
• Wage Settlements: Periodically, SBI and its employee unions engage in
wage settlements to determine salary increases and other financial
benefits for the employees.
• Job Security: Employee unions often play a role in safeguarding job
security for SBI employees.
Bhagya & Hanmanth

13. • Diversity and Inclusion: The bank encourages a diverse workforce
and ensures an inclusive environment, which fosters creativity and
innovation.
• Performance Management: SBI employs data-driven performance
assessments and real-time feedback systems to continuously improve
employee performance.
• Industrial Actions: There have been instances of strikes and protests
by SBI employee unions to raise their concerns and press for their
demands.
• Employee Grievances: Industrial relations also involve addressing
employee grievances.

14. Features trends in organisation of sbi
• Digital Transformation: Banks, including SBI, were
investing in digital technologies to enhance customer
experiences, streamline operations, and offer new
services through online and mobile platforms.
• Customer-Centric Approach: There was a growing
focus on understanding and meeting customer needs
more effectively. This involved tailoring products and
services to specific customer segments.
• Agile Organizational Structure: Many
organizations were adopting agile methodologies to
become more flexible and responsive to changing
market dynamics and customer demands.
Hemaltha

15. • Data Analytics and AI: The use of data analytics
and artificial intelligence was increasing in order
to gain insights into customer behavior, automate
processes, and improve decision-making.
• Remote Work and Flexibility: The COVID-19
pandemic accelerated the adoption of remote
work and flexible work arrangements, allowing
employees to work from home and encouraging a
better work-life balance.
Deepa