Human resource management is the utilization of human resources to achieve organizational objectives. Consequently, all managers at every level must concern themselves with human resource management. Basically, managers get things done through the efforts of others; this requites effective human resource management. Today's human resource problems and opportunities are enormous and appear to be expanding. Individuals dealing with human resource matters face a multitude of challenges, ranging from a constantly changing work force to the ever present scores of government regulations and a major technological revolution. Furthermore, global competition has caused organizations both large and small to be more conscious of cost and productivity.
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Trustworthiness, transparency and quality service are the key elements of the corporate culture of Privat Bank. Privat Bank’s aim is to constantly strive to be a customer-oriented, innovative bank which is able to design and utilize the distribution channels in accordance with the preferences of the clients, and offer competitive prices by strengthening bank’s position within the national arena. Privat Bank, which started its banking activities in 1997 within three branches, has managed to increase the number of its branches to 49 as of 2004, and today offers services to its clients through 950 personnel. Private Bank, which is taking steps towards to its long-term aims, will continue to be a reliable solution partner, and to offer fruitful, high quality products and services. The main aims of Privat Bank are to protect the quality of its assets' structure, and synchronously to continue to increase the profit value for all social partners, shareholders, employees, clients and the …show more content…
Human Resource Management Processes
2.2.1. Recruitment & Selection The rapidly developing and expanding bank, Privat Bank, aims to educate its own future directors and to improve its employees' motivation, their skills, and their knowledge. For this aim, the job and personality development of the person is provided by lecturers and their effectiveness is measured with the system of performance evaluation, their success is prized and are given chances to go towards carrier opportunities. The staff, who have developed human relations, high personality and job skills, the banking ethics and fundamentals, and also are young, dynamic and competent, have 1400 members in Ukraine and 400 members in general directorship. The candidates wanting to be a part of this staff can participate in Privat Bank family after different evaluations according to their experience and positions. The bank, which doesn't approve of working with different consultant firms as long as it doesn't need, accepts the applications by means of own internet site. It doesn't use newspapers or other internet sites. While taking employees as the expert assistance and the inspector assistance is realized with the exam once in a year, the time for taking employee in other open positions is decided according to the necessities of the
Trustworthiness, transparency and quality service are the key elements of the corporate culture of Privat Bank. Privat Bank’s aim is to constantly strive to be a customer-oriented, innovative bank which is able to design and utilize the distribution channels in accordance with the preferences of the clients, and offer competitive prices by strengthening bank’s position within the national arena. Privat Bank, which started its banking activities in 1997 within three branches, has managed to increase the number of its branches to 49 as of 2004, and today offers services to its clients through 950 personnel. Private Bank, which is taking steps towards to its long-term aims, will continue to be a reliable solution partner, and to offer fruitful, high quality products and services. The main aims of Privat Bank are to protect the quality of its assets' structure, and synchronously to continue to increase the profit value for all social partners, shareholders, employees, clients and the …show more content…
Human Resource Management Processes
2.2.1. Recruitment & Selection The rapidly developing and expanding bank, Privat Bank, aims to educate its own future directors and to improve its employees' motivation, their skills, and their knowledge. For this aim, the job and personality development of the person is provided by lecturers and their effectiveness is measured with the system of performance evaluation, their success is prized and are given chances to go towards carrier opportunities. The staff, who have developed human relations, high personality and job skills, the banking ethics and fundamentals, and also are young, dynamic and competent, have 1400 members in Ukraine and 400 members in general directorship. The candidates wanting to be a part of this staff can participate in Privat Bank family after different evaluations according to their experience and positions. The bank, which doesn't approve of working with different consultant firms as long as it doesn't need, accepts the applications by means of own internet site. It doesn't use newspapers or other internet sites. While taking employees as the expert assistance and the inspector assistance is realized with the exam once in a year, the time for taking employee in other open positions is decided according to the necessities of the