A Study Of Engagement Practices In Banking Sector (Public Vs Private)

Abstract

Globalization, liberalization and dynamic government policies, force banks to adjust themselves to this ever-changing environment. Banks need to differentiate themselves for the growth and development through advanced competencies like skill and knowledge. This is going to have major implications on HR practices, which needs to nurture employees through effective engagement practices to reach organizational goals. The present study aims at identifying the most important engagement practices in banking sector. Factor Analysis and One –way ANOVA have been used for data analysis, to examine engagement practices in banking sector. Work life balance is the most important practice with reference to banking sector. There is significant difference in engagement practices of banking sector with regard to public and private sector banks.