NEWS & ADVICE : PERSONAL LOAN
Axis Bank to make employees run on their toes
By Vaibhav Aggarwal
Oct 8, 2010
Print    Email    RSS   

The third largest private sector lender of the country, Axis Bank is all set to keep its employees alert in all their activities. The bank has decided that it will make provisions to terminate those employees who are unable to perform well and also link promotions to the level of output generated by the employee.

The bank has taken these steps to make the human resource policy fall in line with management philosophy of the CEO of the bank, Ms Shikha Sharma.

"If at the end of the appraisal there are any non-performers, they will be put under a coaching programme or given a change in job profile," Axis Bank ED Snehamoy Bhattacharya said.

"If despite all this they fail to perform, there is an enabling provision for termination of services."

The bank has been going through major transformatory changes since Ms Sharma took its charge.

The bank plans to hire 1,000 more staff.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #1
What to look for while taking a personal loan
Personal loan: Lender of the last resort
Loans to assist people with bad credit scores
Bank loans that could glitter for you


11 Sector 9646870399 ChAnDiGaRh ℭaℓℓ giℝℓs...
43 Sector 9646870399 ChAnDiGaRh ℭaℓℓ giℝℓs...
40 Sector 9646870399 ChAnDiGaRh ℭaℓℓ giℝℓs...
i need my personal loan track statement
personal loan status of agreement number...
SIR/MADAM MY SELF PRIYA SHARMA PAN CARD FFTPS3791P...

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive