The Banking HRM Disciplinary Policies
In the Banking
sector, a mistake can lead to serious issues with financially and legally.
Therefore, Bank HRM has to make sure every employee well trained and aware of
the responsibilities and rules.
The main factor is
disciplinary procedure is a process for dealing with perceived employee
misconduct. Bank will typically have a wide range of disciplinary procedures to
invoke depending on the severity of the transgression (hrzone, 2019)
HRM has to be more
accurate in the training and information what they provided to employees to
make sure they discharge the duties efficiently diligently and a with
integrity. The employee should carry out all lawful orders and instructions
given by the HRM. Followings are some rules and discipline what an employee
should follow.
•
Safeguard the property, interest and
reputation of the bank.
•
Conduct himself in a fit and proper
manner both inside and outside the bank,
•
Maintaining cordial to uphold the
reputation of the bank
•
Must not to engage in a business
undertaking.
•
Refrain from any form of activity,
which might result in pecuniary embarrassment to him or to the bank
•
Abstain from utilizing the property of
the bank for private work, including vehicles, or any other documents such as
circulars/formats/manuals unless with written approval from the management of
the bank.
•
Avoid disclosing bank information to
out sider’s
The primary purpose
of progressive discipline is to assist the employee to understand that a
performance problem or opportunity for improvement exists
Maintain strict
confidentially in respect of all official transactions entered within the
premises of the bank and refrain from releasing any information to the media
likely to cause embarrassment to the bank and there will be legal action taken
against the employees who reveal the information. ( hethfield,2018)
The process features
a series of increasingly formal efforts to provide feedback to the employee so
that they can avoid any problems. The HRM goal of progressive discipline is to
get the employee's attention so that they understand that employee performance
improvement is essential if they want to remain employed.
References
Heathfield, S. M. (2018, oct 17). the balance
career. Retrieved from
https://www.thebalancecareers.com/what-progressive-discipline-1918092
hrzone. (2019). hrzone. Retrieved from hrzone:
https://www.hrzone.com/
Kanchana really a Good job. You managed to brief bank HRM nicely but I believe there is more to explain in that industry right?
ReplyDeleteThanks for the feedback Madhawa. yes, there are more to write about the topic but I had just expressed the idea stay within the word limit. therefore here are some following acts should also be considered as constituting misconduct Exceeding Delegated Authority, Cash excess/shortages, borrowing from customers, Opening A/cs in another person’s name, Irregularities causing loss of the bank, Unauthorized/suspicious transactions, Undue claims, Violation of oath of secrecy, Misuse of bank documents, Producing fraudulent/forged documents, Circulation of documents /misuse of bank resources
DeleteWhat I feel from your post is that integrity among staff is very important to the banks
ReplyDeleteYaa thank you
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ReplyDeleteGood article about the disciplinary policies of a bank. I think this is a common factor for every organization and every employee of any organization should aware about. In my case even, as i work for a software company, it's my responsibility and i bonded to protect the sensitive data of my organization and what i believe is it's again HR's duty and responsibility to acknowledge the people who working for the company. Recently we also spared our time to go through and learn how to identify and avoid bribery and corruptions. And we received it through our HR. So I think HR should focus on conducting these type of acknowledgement sessions in timely manner.
ReplyDeletethank you for your comment apsara we have to always think what kind of a work what kind of a things we doing with a customers of bank ..and we have to fulfill their need within our deciplinary polocies
DeleteWell articulated details on bank HRM Role.
ReplyDeletethank you mr nazeer for ur comment
DeleteMy opinion is there are many rules, regulations and guidelines applicable to the banking sector than any other sector.Because bankers are dealing with customers valuable properties(money and jewelries...etc). Those guidelines and rules helps to conduct a banker's career life as well as other subordinates' career life safely and smoothly . It is an impossible task to explain it in 350 words.but any how you have tried to give some idea of the disciplinary policies related to the Bank.
ReplyDeleteyes prabath we always handling with others money that's why such a deciplinary policies going with bankers ….with in this guidelines we are safe and can do a best service for the customers
DeleteAlmost every bank and financial institution is involved in various functions in a day's job and thus requires a highly effective team and appropriate manpower to run the show. As you have mentioned it is a must that the rules and regulations should be very tough when comparing with the other organizations, Very good post.
ReplyDeletethank you nimmitha for your comments ,we always safe with our duties when we follow this guidelines .
DeleteIf you can add more references much better. Especially, we need a reference for the list of rules and regulations
ReplyDelete