Seybold Report ISSN: 1533-9211
Dr. Yogesh Kumar Jain
Vol 18, No 6 ( 2023 ) | Licensing: CC 4.0 | Pg no: 379-387 | Published on: 30-06-2023
Abstract
This research paper investigates the effectiveness of human capital management (HCM) practices in private sector banks in India. The study utilizes the analysis of variance (ANOVA) technique to compare the impact of different HCM strategies on employee performance and organizational outcomes. The research focuses on key dimensions of HCM, including recruitment and selection, training and development, performance management, and compensation and benefits. The findings reveal significant differences in employee performance and skills based on various HCM practices. The implications of the study highlight the importance of strategic HCM approaches in private sector banks to optimize employee performance and achieve organizational goals. Future research can explore additional factors and contexts to enhance the understanding of HCM practices in the banking sector.
Keywords:
human capital management, private sector banks, India, analysis of variance (ANOVA), recruitment and selection, training and development, performance management, compensation and benefits.