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CONTEMPARORY PRACTICES
What is the concept of 'Talent Management' in contemporary HR practices?
Talent management refers to the systematic process of attracting, identifying, developing, engaging, retaining, and deploying individuals who are considered particularly valuable to an organisation, ensuring the right people are in the right roles.
What is 'Balanced Scorecard' as a contemporary HR performance tool?
Framework linking HR metrics to organisational strategy and goals.
What does 'Employee Engagement' mean in modern banking HR?
Employee engagement is the emotional commitment an employee has towards the organisation and its goals, leading to discretionary effort and higher productivity, which banks measure through surveys, pulse checks, and attrition analytics.
What is 'Employee Experience' (EX) as a modern HR concept?
Total journey of an employee from hire to exit in an organisation.
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