HR FUNCTIONS
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
What is the primary purpose of the HR function in a bank?
The primary purpose of HR function is to ensure the right people are placed in the right jobs at the right time, enabling the organization to achieve its strategic objectives efficiently.
What is the primary objective of manpower forecasting in banks?
Predicting future staffing needs based on business growth and attrition.
What does manpower planning in banking involve?
Manpower planning involves forecasting the number and types of employees required in future, and developing strategies to meet those needs through recruitment, training, or redeployment.
What is job enrichment in the context of HR management?
Adding more meaningful, challenging responsibilities to an employee's existing role.
What is the difference between recruitment and selection in HR?
Recruitment is the process of attracting a pool of qualified candidates for a vacancy, while selection is the process of choosing the most suitable candidate from that pool using tests, interviews, and assessments.
What does the term 'span of control' mean in organizational HR?
The number of subordinates a manager can effectively supervise.
What is job analysis and why is it important in banking HR?
Job analysis is the systematic process of collecting information about job duties, responsibilities, and requirements. It forms the basis for recruitment, training, performance appraisal, and compensation decisions.
What is the purpose of a probation period in banking employment?
To assess the new employee's suitability before confirming permanent employment.
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