📝 One-liners · 66 cards
Important Questions
What is the primary objective of Human Resource Management in banks?
The primary objective of HRM in banks is to ensure the right people are placed in the right roles at the right time, maximizing organizational performance while fulfilling employee needs and complying with labor laws.
What is 'Job Enrichment' in banking HRM?
Adding more meaningful tasks and responsibilities to a job role.
What does the term 'Human Capital' signify in banking HRM?
Human Capital refers to the collective skills, knowledge, experience, and competencies of bank employees that contribute to productivity and competitive advantage, treated as an investment rather than a cost.
What is the difference between 'Job Rotation' and 'Job Enlargement' in banks?
Rotation shifts roles; enlargement adds tasks within the same role.
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