Description: Human Resource Practices in Banking: A Comparative Analysis of Public and Private Sector Banks examines the human resource management strategies adopted by banking institutions and their impact on employee performance and organizational effectiveness. The study compares key HR practices such as recruitment and selection, training and development, performance appraisal, compensation, career progression, and employee welfare in public and private sector banks.
Public sector banks generally emphasize job security, standardized procedures, and long-term employee benefits, whereas private sector banks focus on performance-based rewards, innovation, skill development, and customer-centric service. These differences influence employee motivation, productivity, job satisfaction, and organizational culture.
The comparative analysis provides valuable insights into how effective HR practices contribute to workforce development, operational efficiency, and competitive advantage in the banking industry, helping institutions adapt to the evolving financial and business environment.