Human Resource Management Practices in Selected Private Sector Banks in Puducherry
Journal Title: Scholars Journal of Economics, Business and Management - Year 2015, Vol 2, Issue 11
Abstract
The study has analyzed human resource practices in selected private sector banks in Puducherry. For this purpose the researchers selected five private sector banks operating in the town namely ICICI bank, Axis bank, City Union Bank, KarurVysya bank and HDFC bank. The study mainly used primary data for analysis and they were collected from 80 respondents through questionnaire. The study used simple percentage, Likert’s five point scale technique and correlation analysis as statistical tools. The study found that the selected private sector banks in Puducherry had fair HRM practices regarding transfer policy and recruitment and selection practices and they did not have fair promotional policies to employees and fixation of salary and other remuneration. It was also evidenced that the variables bank where the respondents are working, age and experience had significant and considerable level of correlation with HRM practices. Gender of the respondents did not have significant relationship with HRM practices.
Authors and Affiliations
F. Mary Julia Valarmathi, Dr. R. Rajan Babu
Keywords
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