Analysis of Human Resources Practices in Banking Sector with Special Reference to Qualification of Employees

Abstract

The report is based on HR initiatives and employee involvement in banks in the city of Bhubaneswar. The study's goals are to identify the HR initiatives implemented by both public and private sector banks, identify the factors that truly contribute to employee engagement in the banking industry, ascertain employees' perceptions of employee engagement, and examine the impact of demographic factors on employee engagement. Employee engagement is a high attitude of optimism regarding one's employment. It is a combination of elements including employee engagement, sense of belonging to the organisation, and many more. The fundamental premise is to encourage employees to get invested in and passionate about their work and to show their devotion to the organisation by giving their work extra effort. This provided greater information on HR activities and variables affecting worker engagement. However, it is a widely held belief that management in the banking sector uses HR efforts and the aforementioned characteristics as an engagement tool to encourage workers to take an active role in their particular jobs. In light of this context, it is fundamentally important to comprehend the aforementioned goals. The study's focus is only on banks operating in the public and private sectors in Bhubaneswar. newline The structured questionnaire used in the study to identify the demographic parameters and employee engagement components confirms the perception of the employees. Employee perceptions of employee engagement, demographic influences on employee engagement, and factors leading to employee engagement were all measured using a standard scale designed by Rensis Likert (1987). Each employee engagement variable—autonomy, work environment, communication, loyalty, selfevaluation at work, job satisfaction, job involvement, job performance, employee morale, work culture, and job stress—is represented by 5-7 statements in the questionnaire. The connection between staff involvement KEY words: Banking sector, Qualification, HR practices.