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The Future of Banking-andhrabank-nov4-04.pdf - IDRBT

The Future of Banking-andhrabank-nov4-04.pdf - IDRBT

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Getting Personal with Personnel<br />

People represent the most precious asset<br />

• Large employee base – largely untrained. Training<br />

scope & methodology?<br />

• VRS to balance costs. Break even? Down sizing?<br />

• Bring in young blood<br />

• Campus recruitment<br />

• Re-defining & designing jobs. Career paths?<br />

• Specialist Vs. Generalist<br />

• Attrition <strong>of</strong> trained employees to IT industry / other<br />

banks. Competitive incentives?<br />

• Re-location <strong>of</strong> personnel. Union issues?<br />

• Retrained personnel. Morale <strong>of</strong> employees?<br />

INSTITUTE FOR DEVELOPMENT AND<br />

RESEARCH IN BANKING TECHNOLOGY<br />

November 4, 2004<br />

Vepa Kamesam, Chairman <strong>IDRBT</strong>

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