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Human Resource Development Climate in Banks

Year 2016
Volume/Issue/Review Month Vol. - IX | Issue I | January - June
Title Human Resource Development Climate in Banks
Authors Dr. Sasmita Nayak
Broad area Human Resource Development Climate in Banks
Abstract
Today the banking sector is playing a vital role in the development of economy of any country. Being an industry,
performance is highly dependent on the skill and competencies of employees. So it is very important to study on
human resource development climate. Human Resource development climate study assesses its subcomponents
like General climate HRD mechanism and OCTAPAC culture. General climate is support of top management for
development of employees .HRD mechanism encompases within itselfare training and development, performance
appraisal ,potential appraisal, career planning. Rewards and employee welfare practices, and OCTAPAC culture
means openness, confrontation, trust, authenticity, proactivity, autonomy and collaboration etc. The study reveals
that there exists an average HRD climate in banks.
Description According to Prof. T. V. Rao (1987), HRD is a process, by which the employees of an organization are helped in a continuous and planned way (1) acquire or sharpen capabilities required to perform various functions associated with their present or expected
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