A CASE STUDY ON HRM PRACTICES IN PRIVATE CONVENTIONAL AND ISLAMIC SHARIAH-BASED BANKS: A BANGLADESH PERSPECTIVE
DOI:
https://doi.org/10.29121/granthaalayah.v12.i3.2024.5522Keywords:
HRM Practices, Succession Planning, Employee Recruitment, Training and Development, Performance Appraisal, Compensation, OSH, HRA, Commercial BankAbstract [English]
The bank is the lifeblood of a modern economy. The overall success and performance of a bank are largely reliant on competent and skilled employees. A dynamic, capable, and talented workforce will be ensured through the efficient use and practice of Human Resource Management. This research study examines the HRM practices in private Conventional and Islamic Shariah-based banks in Bangladesh. The study investigates various aspects of Human Resource Practices, including analysis of jobs, hiring policies, educational programs, performance management, salary structure, Occupational health and safety, and promotion policy. This research is based on secondary data. The utilization of journals, books, authorized papers, yearly reports, and internet material made this study feasible. The results of the findings show that both types of banks have established these HRM practices efficiently. The research suggests that banks ought to prioritize the implementation of environmentally friendly HRM practices, focus on utilizing data analytics, and establish HRIS to align with current industry trends.
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