IMPACT ON HR PRACTICES ON THE EMPLOYEE'S PERFORMANCE:A STUDY IN PRIVATE BANKING SECTOR
Authors/Creators
- 1. Department of Management Studies, RSR Rungta College of Engineering and Technology Bhilai
- 2. Department of Business Studies, University of Technology and Applied Science, Salalah
- 3. TKM Institute of Management, Musaliar Hills, Karuvelil P.O., Kollam - 691505, Kerala, India
- 4. Department of Commerce Moreshwar Arts Science and Commerce College, Tal. Bhoakardan, Dist. Jalna, Maharashtra
- 5. School of Contemporary Knowledge Systems Chinmaya Vishwavidyapeeth, Deemed to be University, Piravom.
- 6. Department of Management Studies, Graphic Era Deemed to be University Dehradu
Description
Abstract
Human Resource is base for every organization because in absence of manpower an organization cannot run. As banks are based on the performance of their employees and their performance is linked with the human resource practices provided by their banks for their growth and development in this sector. So it is necessary for every bank to provide them better practices so that banks can stand in this competitive environment. Human resource practises are essentially the levers that enable the development of a pool of human capital. Businesses require a distinct set or bundle of human resource practises to support their distinct cultures and objectives. Human resource strategies shown to be most predictive of business performance when combined with a participatory structure that encourages workers to devote discretionary effort toward beneficial organisational outcomes. The main purpose of the study is to overview various HR practices affecting the employees performance and to measure the impact of the HR practices on the employees performance. This Descriptive study is based on the sample of employee's workings in different banks. The data was collected by using questionnaire (Google form) The sample method used for the study was purposive sampling – 250 samples have been taken from the private sector banks in the study area. The study concluded that practices of HR such as Training and Development, Employee Engagement, Competence, Recognition, Leadership and Compensation are directly influencing the performance of the employees. It is suggested that the management may focus on these practices much as they contribute more on their employees’ performance.