askari bank project
Post on 18-Oct-2014
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Recruitment & Selection Project at SZABISTTRANSCRIPT
SZABIST
DS: MR RIFFAT IQBAL• MARIA JAVEED• FATIMA TARIQ• KHURSHID MARWAT
R&S PROJECT
SZABIST
OV
ER
VIE
W
Incorporated in Pakistan on 9th October, 1991
Network of 235 branches/ sub-branches, including 31
dedicated Islamic banking branches and 4,401 online ATMs
Total assets of Rs, 314.7 billion, with 885,764 banking customers,
serviced by our 6,442 employees
Askari Investment Management Limited and Askari Securities
Limited are subsidiaries of Askari Bank
SZABIST
ASKARI BANKHUMAN RESOURCE DEPARTMENT AND POLICIES
SZABIST
GROUP MEMBERS
MARIA JAVEDFATIMA TARIQ
KHURSHID MARWAT
SZABIST
INTRODUCTION
SZABIST
VISION AND MISSION
VISIONTo be the Bank of first choice in the region
MISSIONTo be the leading private sector bank in Pakistan with an international presence, delivering quality service through innovative technology and effective human resource management in a modern and progressive organizational culture of meritocracy, maintaining high ethical and professional standards, while providing enhanced value to all our stake-holders, and contributing to society.
SZABIST
CORE VALUES
OUR CUSTOMERS
Knowing our customers and their needs is the key to our business success. Our products and services are as diverse as our market segments. Our client relationship managers are well equipped and well trained to provide the most efficient and personalized service to the customers.
OUR INVESTORS
We believe that the bottom line of any business is creating shareholder value. To gain their trust and confidence, we believe in providing our investors timely, regular and reliable information on our activities, structure, financial situation and performance.
OUR REGULATORS
We firmly believe in regulatory discipline and harmony of our corporate objectives with regulatory framework. Our business methodologies are designed to ensure compliance with the directives of all our regulators.
Passionate about
our custome
rs success
and delighting them quality of our service
A distincti
ve investme
nt, deliverin
g outstand
ing performa
nce, return
and value
Exemplary
compliance,
governess and
business ethics
Caring for our people
and helping them to
grow
Dedication
towards social
development and improvement in
quality of life
SZABIST
Cont…
Our Employees
We strongly believe that the interests of the Bank and the employees are inseparable. At Askari we try to create a we culture where there is mutual trust and respect for each other.
Our Communities
We fully recognize our corporate social responsibility and our contributions to different area of social sector aimed to help improve the quality of life in our country.
SZABIST
PRODUCTS AND SERVICES
SZABIST
Cont…
SZABIST
Cont…
SZABIST
HUMAN RESOURCE DEPARTMENT
HR Philosophy- Transforming Human Capital into Competitive Advantage
How Bank Operates- Grading Structure
Alignment of HR strategy with Organizational goals
SZABIST
HUMAN RESOURCE FUNCTIONS
Recruitment and selection
Compensation and benefits
Performance planning
Training and development
Severance/End of service
SZABIST
TERMS OF EMPLOYMENT
Regular Employment
Probationer Employment
Contractual Employment
Temporary Workers
Casual Workers
Bank uses “People Soft” HRIS for effective management of its HR
SZABIST
PRE-RECRUITMENT PLANNING
HR Budjet
Volume Analysis
Transfers
Annual Expansion Plan
Forecasting Employee Demand
SZABIST
HEIRARCY OF STRATAGY
Bank’s Corporate Structure Plan
Hr Strategic Plan
SZABIST
SOURCES OF RECRUITMENT
Internal Recruitment
External Recruitment
Referrals
Entry-level Recruitment
On-line Job Application System
Usually don’t go for “Out-sourcing”
SZABIST
RECRUITMENT FOR ENTRY LEVELS
Routine Hiring
Technical/Support Staff
Junior Officers
Management Trainee Officers
SZABIST
RECRUITMENT FOR MIDDLE & SENIOR
LEVELS For senior management employees – referrals are taken
For middle managers, the jobs are advertised or out-sourced
SZABIST
JOB DESCRIPTION
Identified Position
Job Design
Duties and Responsibilities
Volume of Job
Work Load
Job specification : KSA’S
SZABIST
JOB SPECIFICATION The job specification for ASKARI bank
employees includes the minimum qualification, special training requirement and experience
It is mentioned for every type of job that is to be advertised especially the MTO’s
SZABIST
ADVERTISMENT
Newspapers
Website
SZABIST
SELECTION
Apply Online
Entry Test
First Interview
Second Interview
Panel Interview
Background Investigation
SZABIST
ORIENTATION AND PLACEMENT
Orientation
To make the employees comfortable
To get along with the workers
To learn them new culture of the organization
SZABIST
ORIENTATION AND PLACEMENT
Orientation of new employees
First phase
Second phase
Third phase
Placement
SZABIST
HR AUDIT
Approaches to HR audit
Comparison Approach
Outside Authority
Approach Statistical
Approach Compliance Approach
MBO Approach
SZABIST
HR AUDIT
Tools for HR audit
Interviews Surveys/ Questionnaires
Historical Analysis Grievance Audit Compensation Audit
SZABIST
PERFORMANCE PLANNING
Annual Performance Form
Newly Introduced Form
PMS is MBO
SZABIST
TRAINING & DEVELOPMENT
Training & Development - Investment in their assets
Training modes
Classroom training
Video cases
On the Job Training
SZABIST
PURPOSE OF TRAINING
Improvement of Soft Skills
Improvement of technical skills
Future Prospects of Training
Train the trainees
SZABIST
COMPENSATION
House Rent Allowance
Medical Allowance
Fueling Allowance
LFA- Leave for assistance
End of Service Benefit
Gradate
SZABIST
NON-MONETARY BENEFITS
Leaves
Casual Leaves
Privilege Leaves
Medical Leaves
Paid leaves
Eddat Leaves
Hajj Leave
Extraordinary Leave
SZABIST
EXIT INTERVIEWS
Notice Period
Exit Interview Form
Exit Interview
SZABIST
OBSERVATIONS&
RECOMMENDATIONS
SZABIST
OBSERVATIONS Decisions are not inline with the polices of the bank
Recruitment polices and procedures are not been followed in true letter head spirit
Favoritism and nepotism is a common feature in recruitment
Importance is not given to placement of employees
Retaining of employee, in competitive banking environment
Job advertisement does not contain job description
SZABIST
RECOMMENDATIONS Human resources are the lifeblood/asset of the
organization. Favoritism and nepotism may be discouraged in order to promote the culture of justice/EEO
Placement of the employees may be on their qualification/ experience
Job description made part of advertisement in order to avoid bad selections
Bank polices regarding recruiting may be followed in letter head spirit
SZABIST
CONCLUSION
SZABIST
SZABIST
DS: MR RIFFAT IQBAL• MARIA JAVEED• FATIMA TARIQ• KHURSHID MARWAT
R&S PROJECT