Question

3) If a bank is going to open a new branch in a distant city, with what inputs will the human resource department be concerned? What activities will the department need to undertake in the transition to a fully staffed and operating branch? What type of feedback do you think the department should seek after the branch has been operating for six months?

Answer 1

Answer

3)

To open a branch of a bank, it must meet the criteria of the country's bank act.. Before the establishment of a subsidiary in distant city of the banking and the local regions, banking and credit fields, it must obtain national banking permission. To resolve the difficulties, the bank shall, where appropriate for a sound taxation policy, appoint eligible persons from both domestic and foreign sources to the banking & auditor of the audit branches. Promoting the banking industry and improving it.

The key factors of interest to the human resource team include the availability of the required personnel at the site of the branch bank, scheduling criteria, and expected salary rates. Establishing a fully operational branch involves a human resource strategy and then interviewing, identifying, retaining, and preparing employees. This knowledge helps the human resource team to determine how effective it has been in carrying out the human resource practices required to launch the branch bank.

The assessment of workplace success is the most critical input the human resource team will look for after the unit has run for six months. This information allows the human resource department to assess how successful it has been in carrying out the human resource activities necessary to start the branch bank.

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