| dc.description.abstract | Now-a-days banking industry is going through an intense competition. In order to gain competitive
advantage bank must have to focus on customer satisfaction as well employee satisfaction. Because
employees are the direct service provider to the customers. So, the success of any bank largely
depends upon the service of employees. It is a great challenge for any organization how efficiently
they manage their human resource. This report has emphasized the human resource management
practices at Sonali bank limited. Sonali Bank Limited performs several tasks in order to properly
manage its employees. They start their HRM practices with HR planning by which they define their
current manpower and future need of manpower. They select employees both from internal sources
and external sources. Most of the cases they prefer to recruit lateral employees. Sonali Bank
Limited has its own HR training and development center to train up the employees. Sometime they
hire trainer from BIBM, Bangladesh Bank and other training institutions. In the case of foreign
training they maintain training bond. Sonali Bank Limited follows 360-degree performance
appraisal method which is based on ratings system. They use the appraisal result for promotion,
incentives, and punishment. They score the appraisal on 300 marks. Sonali Bank Limited follows
two promotion and up-gradation system. These are done on the basis of performance appraisal.
Sonali Bank follows data base leave management system. They have their own policies regarding
transfer and posting. In the cases of resignation, the employee must have to resign with 01-month
notice. Along with the highly attractive compensation package Sonali bank provides some other
benefits like, provident fund, gratuity, death benefit, retirement benefit and so on. By properly
performing these tasks HR division of Sonali bank limited plays a vital role on the progress of bank
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