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    Human Resource Problems

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    Navin Kumar
    The banking industry faces human resource problems like low employee retention and inefficient human resources. Some causes of these issues are that award staff are unaccountable and protected, making them lethargic, while officers are always under threat of punishment and vigilance action, meaning the workforce operates in a state of fear instead of motivation. These problems are more prevalent in public sector banks as private banks recruit talent away from public banks.

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    Human Resource Problems

    Uploaded by

    Navin Kumar
    12 views1 page
    The banking industry faces human resource problems like low employee retention and inefficient human resources. Some causes of these issues are that award staff are unaccountable and protected, making them lethargic, while officers are always under threat of punishment and vigilance action, meaning the workforce operates in a state of fear instead of motivation. These problems are more prevalent in public sector banks as private banks recruit talent away from public banks.

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    The banking industry faces human resource problems like low employee retention and inefficient human resources. Some causes of these issues are that award staff are unaccountable and protected, making them lethargic, while officers are always under threat of punishment and vigilance action, meaning the workforce operates in a state of fear instead of motivation. These problems are more prevalent in public sector banks as private banks recruit talent away from public banks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    12 views1 page

    Human Resource Problems

    Uploaded by

    Navin Kumar
    The banking industry faces human resource problems like low employee retention and inefficient human resources. Some causes of these issues are that award staff are unaccountable and protected, making them lethargic, while officers are always under threat of punishment and vigilance action, meaning the workforce operates in a state of fear instead of motivation. These problems are more prevalent in public sector banks as private banks recruit talent away from public banks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Human Resource Problems

    Banking Industry has been facing Human Resource problems whether it be employee
    retention or low efficiency of human resource.
    Causes of Human Resource problems-
     Award staff (clerical and subordinate) Cadre- Unaccountable & Protected under
    Industrial Disputes Act thus Making them Lethargic.

     Officer Cadre- If Anything goes wrong they are accountable, always under threat of
    vigilance action. During the year 2016, 1,027 bank officers were punished- CVC. A
    workforce in a state of fear cannot be motivated to perform.

    The problem is more prevalent in PSB as Private banks are poaching talent from PSB.

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