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Study About HR Practices of Icici Bank

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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3K views12 pages

Study About HR Practices of Icici Bank

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.

Uploaded by

anfasxtremos
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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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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