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    Study About HR Practices of Icici Bank

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    ICICI Bank is India's second largest bank with over 1,500 branches. It recruits through various sources like advertisements, campus recruitment, job portals, and referrals. The recruitment process includes shortlisting candidates, conducting an aptitude test, group discussion, psychometric profiling, and interviews. New employees receive training in areas like sales, operations, and collections. Performance is evaluated annually and compared to standards, though promotions were stopped in 2008-09 due to lower profits. Employees receive benefits like stock options, bonuses, pensions, and leave. Termination and resignation are ways for employment to end.

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    Study About HR Practices of Icici Bank

    Uploaded by

    anfasxtremos
    3K views12 pages
    ICICI Bank is India's second largest bank with over 1,500 branches. It recruits through various sources like advertisements, campus recruitment, job portals, and referrals. The recruitment process includes shortlisting candidates, conducting an aptitude test, group discussion, psychometric profiling, and interviews. New employees receive training in areas like sales, operations, and collections. Performance is evaluated annually and compared to standards, though promotions were stopped in 2008-09 due to lower profits. Employees receive benefits like stock options, bonuses, pensions, and leave. Termination and resignation are ways for employment to end.

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    Study About Hr Practices of Icici Bank

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    ICICI Bank is India's second largest bank with over 1,500 branches. It recruits through various sources like advertisements, campus recruitment, job portals, and referrals. The recruitment process includes shortlisting candidates, conducting an aptitude test, group discussion, psychometric profiling, and interviews. New employees receive training in areas like sales, operations, and collections. Performance is evaluated annually and compared to standards, though promotions were stopped in 2008-09 due to lower profits. Employees receive benefits like stock options, bonuses, pensions, and leave. Termination and resignation are ways for employment to end.

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    Download as pptx, pdf, or txt
    3K views12 pages

    Study About HR Practices of Icici Bank

    Uploaded by

    anfasxtremos
    ICICI Bank is India's second largest bank with over 1,500 branches. It recruits through various sources like advertisements, campus recruitment, job portals, and referrals. The recruitment process includes shortlisting candidates, conducting an aptitude test, group discussion, psychometric profiling, and interviews. New employees receive training in areas like sales, operations, and collections. Performance is evaluated annually and compared to standards, though promotions were stopped in 2008-09 due to lower profits. Employees receive benefits like stock options, bonuses, pensions, and leave. Termination and resignation are ways for employment to end.

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    HR PRACTICES OF ICICI BANK

    SUBMITTED BY
    JAMSHADALI
    ROLL NO 17
    ABOUT THE COMPANY

     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
    RECRUITMENT PRACTICES IN ICICI
    BANK
    SOURCES OF RECRUITMENT USED BY ICICI BANK
    1.Advertisements- news paper, radio, TV,
    magazines
    2.campus recruitment
    3. Head hunters- executive search
    4.job portals
    5.consultancies or agencies
    6. Employee Referral
    7. walk- ins
    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
    ICICI Bank Exam Pattern: The selection process consist following stages;

    1) Aptitude Test
    2) Group Discussion
    3) Psychometric Profiling
    4) Interview
    cover basic training in the following area;
    corporate etiquette
    skills in sales credit, operations, and collections
    business-specific product and process knowledge
    skills reinforced by live projects
    assignments, and on-the-job training
    certification based on project assessment
    e-tests.
    Behavioural training programmes
     
    Performance appraisal
    ‘Performance appraisal means evaluating employee
    performance, and comparing actual with standard
    performance’. Icici bank evaluates their employees by
    using the following form.
    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.
    Other Benefits to employees
    Employee Stock Option Scheme
    Bonus
    Staff retirement benefits
    Gratuity
    Superannuation fund
    pension
    Provident fund
    ICICI Bank
    Leave encashment
    Employee Welfare
    Bonuses
    Housing allowance
    Employee stock option plan
    monthly pay
    sick leave
    maternity leave
    TERMINATION and RESIGNATION
    Termination of employment is the end of an
    employee's duration with an employer.
    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

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