A Revew of Human Resource Management Practices used by public and private sector banks
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Organizational performance and expansion are significantly influenced by human resource management (HRM), especially in the banking industry. The HRM procedures used by banks in the public and private sectors are examined in this analysis, with a focus on the tactics used to resolve worker issues and preserve employee happiness. The article focuses on cutting-edge techniques intended to improve employee engagement, motivation, and productivity while highlighting the development of HRM as a strategic tool. It also looks at the particular difficulties banks have in managing their human resources, such as the varied behaviors of their workers and the growing need for skill development in a cutthroat market. The results highlight how crucial flexible and forward-thinking HR practices are to the profitability of businesses and the welfare of their workforce.
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