Fundamental of HRM

The primary objective of HRM in a bank is to ensure the right people with the right skills are placed in the right roles to achieve organizational goals efficiently and effectively.

Employees' knowledge, skills, and abilities treated as valuable assets.

HRM is a strategic, proactive approach that aligns human capital with organizational goals, whereas traditional Personnel Management is reactive and focuses mainly on administrative tasks like payroll and compliance.

Shared values, beliefs, and norms guiding employee behaviour in banks.