human resource management in sidhartha bank ltd., nepal
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Human Resource Management in Nepal
ByGroup Dynamic
Asian College of Management &
Technology
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.
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
Methods of Data CollectionQuestionnaire
Repots, Journals
Direct Interview
Official site
Observation
www.siddharthabank.com.np
VisionSiddhartha Bank runs with a vision to be financially sound, operationally efficient and keep abreast with technological
developments.
Mission Statement:-
Be one of the leading banks of the industry in terms of profitability, productivity and innovation.
Aim at total customer satisfaction by rendering efficient and diversified financial services through improved technology.
Build a highly motivated and committed team of staff by nurturing a good work culture to achieve superior individual performance aiming to enhance organizational effectiveness.
Be the place of pride to all its stakeholders.
Organization:-
Siddhartha Bank Ltd. Nepal
Established in 2002 AD Head Office Location:- Hattisar Kathmandu, Nepal
CORE VALUES OF THE BANK
Customer focus
Shareholder prosperity
Employee growth
Economic welfare
Organization:-
Siddhartha Bank Ltd. NepalCEO.
Mr. Surendra Bhandari
MD. Sambhu Nath Gutam
Deputy MD
HR Management
Chief Payment Solution
Treasury Head
Finance Department
Corporate Credit Dpt. Valley Resource Head Chief of IT
Internal Audit Department
Extension Counters
Head of Other Branches
Legal Department
Loan Risk Management Head S M E Loan Dpt.
Fig. Management Hierarchy, Source: Final Year report 2068/069
Accounting Department
Deputy MD Deputy MDDeputy MD
Human Resources Management
Arjun Bhadra KhanalHR Head, SBL Nepal
Mr. Nitish BasnetHR Officer
Queries Dealt By
Mission ;-Developing and retaining highly motivated and committed staff.
Human Resources Management
Total Staffs = 550
Male60%
Fe-male40%
Composition as per Gender
Total No. of Female Staffs – 220Total No. of Male Staffs - 330
Source:- Final report 2011
Executives3%
Officers & Sr. Officers
23%
Man-agement Trainee
7%
Senior Assistants, Assistants & Junior Assistants
65%
Support Staffs2%
Numbers of Executives = 16Number of Officers & Sr. Officers = 127No. of Sr. Assistants, Assistants & Jr. Assistants = 357No. of Management Trainees = 39No. of Supports Staffs = 11
Human Resources Management
Under HR Department 5 Staffs
Total No. of Staffs at Head office - 150
HR Planning
Method for
Determining future staffing requirements & Developing actions plans for meeting them. Robbins
HR Planning is guided by Bank’s Targets/ Objectives /Goals.
Therefore, future staffing requirements is based upon bank’s future target.
S.B.L.
HR Department plans according to existing employees’ Skills Knowledge & Education
Practice
s
Job AnalysisA systematic exploration of the activities within a jobBasic techniques to define-
DutiesResponsibilitiesAccountabilities of a job
Source; Robbins
S.B.L.
Practices
HR Managers, Identifies the activities by Observation Method Defines Job Description & Job specification
Timely Review & Job-Analysis is done
Recruitment, Selection & Socialization S.B.L. Recruitment Practice
Recruitment is the discovering of potential candidates for actual organizational vacancies.
RobbinsMost 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
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
Recruitment, Selection & Socialization S.B.L. Socialization
Practice Bank organizes Induction Ceremony for information sharing
Introduce their new staffs during Meeting Picnic
Training & Development Practices
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
Training & Development programs for all its employees ranging from sub-ordinates to executive
levels
Performance Appraisal Practice
Job Fulfillment Analysis
Skill Rating
Reward System Practice
Human Resource management PolicyUncompromising in that it ensures performance based growth &
compensation
Intrinsic Reward Assigning Challenging jobFor E.g. Officer of Head-office assigned as
Branch Manager.
Discipline Practice
Employees practice High level of ethics IntegrityTransparency
PunctualityOffice @ 9:30 A.M.
Dress Code Up to Officer – Uniform Above Officer Level – Business Formal
Wear
Motivation Practices
Development Opportunity
Job Enrichment.
Bonus Package
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.
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.
Limitation of Study
Lack of knowledge in us.
Banking & Financing institutes provide very less information.
Our study limit to cover the whole syllabus
Thank full towards
Mr. Shankhar K.C. & Mr. Nitish BasnetSBL, Hattisar, Kathmandu
Mr. Rishwo Ram GorkahliHR Instructor, ACMT, Minbhawan
?Thank-you allAny queries