study about hr practices of icici bank

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HR PRACTICES OF ICICI BANK SUBMITTED BY JAMSHADALI ROLL NO 17

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Page 1: Study About Hr Practices of Icici Bank

HR PRACTICES OF ICICI BANK

SUBMITTED BYJAMSHADALIROLL NO 17

Page 2: Study About Hr Practices of Icici Bank

ICICI Bank is India's second-largest bank with total assets of Rs. 3,674.19 billion (US$ 77 billion) at June30,2009and profit after tax Rs. 8.78 billion for the quarter ended June30,2009.The Bank has a network of 1,527 branches and about 4,816 ATMs in India and presence in 18 countries. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries and affiliates

ABOUT THE COMPANY

Page 3: Study About Hr Practices of Icici Bank

SOURCES OF RECRUITMENT USED BY ICICI BANK1.Advertisements- news paper, radio, TV,

magazines2.campus recruitment3. Head hunters- executive search4.job portals5.consultancies or agencies6. Employee Referral7. walk- ins

RECRUITMENT PRACTICES IN ICICI BANK

Page 4: Study About Hr Practices of Icici Bank

PROCESS OF RECRUITMENT IN ICICI BANK

1. the need arises(job vacancy)

2. then decide job description (KRA) key responsibilities area

3. making Advertisement

4. post the advertisements

5.shortlist the candidates

6.schedule

Page 5: Study About Hr Practices of Icici Bank

ICICI Bank Exam Pattern: The selection process consist following stages;

1) Aptitude Test 2) Group Discussion 3) Psychometric Profiling4) Interview

Page 6: Study About Hr Practices of Icici Bank

cover basic training in the following area;corporate etiquette skills in sales credit, operations, and collectionsbusiness-specific product and process knowledgeskills reinforced by live projectsassignments, and on-the-job trainingcertification based on project assessment e-tests. Behavioural training programmes 

Page 7: Study About Hr Practices of Icici Bank

Performance appraisal‘Performance appraisal means evaluating employee performance, and comparing actual with standard performance’. Icici bank evaluates their employees by using the following form.

Page 8: Study About Hr Practices of Icici Bank

Promotions In ICICI BANK they declare their employee promotion in the month of april in each year. During the year 2008-09, the bank’s net profit reduced to 10% year-on-year to Rs. 3,758 crores. This made the bank stop its annual promotions and bonuses to employees and directors.

Page 9: Study About Hr Practices of Icici Bank

Other Benefits to employeesEmployee Stock Option Scheme Bonus Staff retirement benefits Gratuity Superannuation fund pension Provident fund ICICI Bank Leave encashment

Page 10: Study About Hr Practices of Icici Bank

Employee WelfareBonusesHousing allowanceEmployee stock option planmonthly paysick leavematernity leave

Page 11: Study About Hr Practices of Icici Bank

TERMINATION and RESIGNATIONTermination of employment is the end of an employee's duration with an employer.

Page 12: Study About Hr Practices of Icici Bank

Resignation This is the most common way of separation.

Employee leaves his job and employment with his employer to pursue better opportunities

employee resigns for 1)    Better compensation and benefits 2)    Higher position / level 3)    Challenging role 4)    To move from an unknown or lowly branded

company 5)    For foreign or international assignments