| 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 NCC bank limited. NCC 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. NCC
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.
NCCBank 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. NCC Bank Limited
follows two promotion and up-gradation system. These are done on the basis of
performance appraisal. NCC 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 NCC bank provides some other
benefits like, provident fund, gratuity, death benefit, retirement benefit and so on.
By properly performing these tasks HR division of NCC bank limited plays a
vital role on the progress of bank | en_US |
